Guangdong’s draft 15th Five-Year Plan for the information and communications sector, released for public comment, proposes provincial support for satellite and space‑ground network development. The draft calls for organizing firms to join national satellite‑IoT commercial trials and planning an integrated communications‑navigation‑remote‑sensing LEO constellation for the Guangdong‑Hong Kong‑Macao Greater Bay Area. It seeks deployment of ground‑space interconnection centers and gateway stations a

2026-07-10

Guangdong’s draft 15th Five-Year Plan for the information and communications sector, released for public comment, proposes provincial support for satellite and space‑ground network development. The draft calls for organizing firms to join national satellite‑IoT commercial trials and planning an integrated communications‑navigation‑remote‑sensing LEO constellation for the Guangdong‑Hong Kong‑Macao Greater Bay Area. It seeks deployment of ground‑space interconnection centers and gateway stations as key fusion nodes, integration of satellite and terrestrial mobile infrastructure, and exploration of network coverage for low‑altitude airspace above 300m and for remote areas. The plan promotes direct‑to‑phone satellite services and satellite IoT, targeting a satellite‑communications user base of 1 mln, and launches a ‘Broadband Guangdong Sea’ initiative to build a maritime 5G/5G‑A + subsea fiber + satellite communications and sensing network.

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2026-07-09

Ebury analyst Matthew Ryan says the pound's outlook depends on whether prospective UK prime minister Andy Burnham sticks to his pledge to uphold fiscal rules. If he does, GBP is likely to remain stable; any sign those rules are abandoned or distorted—even at the margins—could trigger disorderly selling of UK assets. Confirmation of Burnham's leadership around July 17 would give markets more clarity.

2026-07-10

July 10 — The State Taxation Administration said tax authorities in Shandong, Zhejiang and Sichuan publicly exposed seven tax-evasion cases involving popular livestreamers and online stores. Targets include broadcasters with more than 6 million followers and shops with annual sales above 100 million yuan. Investigators allege use of personal accounts to hide receipts, reclassification of income, deregistration to evade liabilities, and false filings. The STA said platform firms must lawfully rep