
Macro News - The National Bureau of Statistics reported that from January to June, the total profit of industrial enterprises above designated size reached 34,365 billion yuan, a year-on-year decrease of 1.8% [2] - In June, the profit of industrial enterprises above designated size fell by 4.3% year-on-year, although the decline was narrower compared to May, with rapid profit growth in new momentum industries like equipment manufacturing [2] - The Chinese government proposed the establishment of a World Artificial Intelligence Cooperation Organization, with initial considerations for its headquarters to be located in Shanghai [2] Industry and Company News - The Ministry of Agriculture and Rural Affairs and nine other departments jointly issued the "Implementation Plan for Promoting Agricultural Product Consumption," which includes nine measures to optimize supply, innovate circulation, and activate market potential [3] - The State Council's Food Safety Office emphasized increased daily supervision of infant food and disaster relief food to ensure public dietary safety [4] - Tesla showcased its smart electric vehicles and autonomous driving technology at the World Artificial Intelligence Conference, planning to further implement its smart assisted driving system in China by the end of 2025 [14] - Alibaba announced the technological progress of its self-developed AI glasses, "Quark AI Glasses," which integrate various functionalities and support multiple applications within the Alibaba ecosystem [16] - China Mobile's chairman stated the company's commitment to upgrading its "AI+" action plan to enhance technological and industrial innovation, aiming to contribute significantly to high-quality economic development [19] - Taiyuan Heavy Industry announced that it is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws [20]