
More recent developments

China to ramp up chip production capacity
What happened: On August 27, FT reported that China is attempting to triple its chip production next year, citing anonymous sources. Three new manufacturing plants primarily dedicated to the production of Huawei AI processors are reportedly scheduled to come online… Read More »

Jiangsu FTZ tapped to be biopharma hub
What happened: On August 21, the State Council approved a plan aimed at turning the Jiangsu Free Trade Zone (FTZ) into a globally competitive biopharmaceutical hub. The full text was released on August 27. Why Jiangsu? In 2024, Jiangsu's biopharma… Read More »

MIIT releases high-level guidance on satcom industry
What happened: On August 27, the industrial ministry (MIIT) released high-level guidance on developing the commercial satellite communications industry. This follows up on a promise last year to undertake reform of the sector. The context: Starlink has proven that mainstream… Read More »