Guangdong provincial government issued an implementation plan to expand and upgrade the service sector, launching an internet-enterprise gradient cultivation program and a full‑cycle cultivation system to foster a cohort of 10‑bln‑yuan backbone firms

2026-06-19

Guangdong provincial government issued an implementation plan to expand and upgrade the service sector, launching an internet-enterprise gradient cultivation program and a full‑cycle cultivation system to foster a cohort of 10‑bln‑yuan backbone firms and strive to create a trillion‑yuan (tln‑yuan) world‑class internet company. The plan prioritizes the digital content cluster — developing national digital cultural IP and smart audio‑visual cloud industrial parks — and supports innovation across internet music, livestreaming, short/long video and online gaming, plus immersive experiences and virtual digital humans; it also pushes AI-driven digitization of life services and the development of national AI vertical life‑service platforms.

Other News
2026-06-19

The US and Iran have reached a political agreement to reopen the Strait of Hormuz, but sources say operational resumption will be complex and likely phased. Commodity data firm Kepler reports about 118 laden oil tankers remain stranded in the Persian

2026-06-19

A site source for the Three Gorges waterway project says the pilot excavation area for the new channel at the Three Gorges hub has completed topsoil stripping and is expected to finish excavation in October. Ongoing works include earthworks on the pi