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As of June 30, Beijing's 'Specialized, Refined, Distinctive and Innovative' The board counted 1,519 firms, surpassing the plan's phase target of 1,500. Cumulative equity financing for these board companies has exceeded 70 billion yuan, with Beijing l

2026-07-01

As of June 30, Beijing's 'Specialized, Refined, Distinctive and Innovative' The board counted 1,519 firms, surpassing the plan's phase target of 1,500. Cumulative equity financing for these board companies has exceeded 70 billion yuan, with Beijing leading the country in enterprise financing scale and policy support. The cohort comprises 418 innovation-oriented SMEs, 727 specialized-and-new SMEs and 218 'Little Giant' firms. Roughly 90% of firms are clustered in frontier sectors: new-generation IT, software and IT services, artificial intelligence, biopharma, smart manufacturing, new energy and advanced materials.

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2026-07-01

Beijing's municipal science commission and the Zhongguancun administrative committee issued an Implementation Plan (2026–2028) to accelerate AI-enabled scientific research, targeting a global scientific-intelligence innovation hub by 2028 to support

Beijing's municipal science commission and the Zhongguancun administrative committee issued an Implementation Plan (2026–2028) to accelerate AI-enabled scientific research, targeting a global scientific-intelligence innovation hub by 2028 to support the Beijing–Tianjin–Hebei international science and technology innovation centre. The plan names autonomous laboratories as the core vehicle to reshape research workflows and funds integrated intelligent experimental platforms that combine AI, embodied robotics and high‑throughput instruments with end-to-end autonomous capabilities from hypothesis generation and experimental planning to validation and discovery. These facilities will create a dry‑wet closed loop of "compute-guided experiments, experiment-feedback compute" to substantially shorten research cycles.
2026-06-30

Bank of England Governor Bailey: We will get back to our target, but that will take longer.

Bank of England Governor Bailey: We will get back to our target, but that will take longer.
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