HOT TOPICS
Services sector expansion
China’s State Council issued guidelines to expand and upgrade the services sector, targeting a total scale of 100 trillion yuan ($14.7 trillion) by 2030. The plan calls for advancing an “AI+” initiative, developing smart programming tools and supporting purchases of AI models and agent services.
Computing and power coordination
The Ministry of Industry and Information Technology is researching policies and standards for computing and power coordination while supporting the development of the space computing industry. Responding to rising memory chip prices, the ministry pledged multiple measures to stabilize supply chains.
WeChat Pay’s international reach
WeChat Pay said it integrated national payment codes for South Korea, Sri Lanka, Thailand, Malaysia and Singapore.
NEWS SUMMARY
Anthropic plans to invest $100 billion over the next decade to procure computing power from Amazon, signing three major deals in April.
Mexico launched an anti-dumping investigation into thermal paper rolls originating from China.
Peru initiated an anti-circumvention investigation into polyester-cotton blended fabrics from China.
Contact editor Lin Jinbing (jinbinglin@caixin.com)
