German regulator warns proposed major amendments to the Freedom of Information law would effectively abolish government transparency mechanisms.

Changguang Satellite has completed an equity financing of nearly Rmb5 bln led by Changfa Group and Lushi Investment, with participation from Chengtong Fund, Orient Asset Management and others; existing investors including Haitong Innovation and Shenzhen Capital Group also followed. Proceeds will be deployed to three priorities: accelerate satellite mass-production capacity and scale manufacturing efficiency; advance the Jilin-1 satellite constellation to strengthen high-resolution data acquisition; and deepen remote-sensing data applications to expand industry-specific solutions.

On July 4 in Stockholm, China foreign minister Wang Yi met Jacob Wallenberg, chairman of the board of Sweden's Yinruida Group.