Brief

China's National Development and Reform Commission (NDRC) is set to enhance policies supporting private enterprises, focusing on fair competition, investment and financing, technological innovation, and standardized operations. This initiative aims to bolster the private sector through improved regulations and direct benefit delivery. In related tech news, Xiaomi has applied for new trademarks, "XIAOMI MIMO ORBIT" and "XIAOMI MIMO CLAW," indicating potential new product lines or services, while Nvidia reported a strong first quarter with $5.83 billion in net profit, and Google's CEO stated that Gemini has reached 900 million monthly active users. AI

AMD CEO Lisa Su anticipates continued strong growth in the CPU market, projecting over 35% annual expansion for the next five years. This growth is particularly significant as it aligns with AMD's core strengths. Meanwhile, China's National Development and Reform Commission is prioritizing the integration of AI with domestic industries and hardware, encouraging large AI models to adapt to Chinese-made computing chips to ensure secure and controlled development. AI

China's National Development and Reform Commission (NDRC) is directing domestic large language models to increase their compatibility with locally produced computing chips. This initiative aims to ensure the secure and independent development of AI technologies while promoting widespread integration across various economic sectors. The NDRC emphasized a strategy of systematic planning, tailored policies, open sharing, and robust safety measures to achieve these goals. AI

China's National Development and Reform Commission (NDRC) clarified that it has never mandated that Chinese tech companies refuse foreign investment. NDRC official Li Chao stated that China's open-door policy remains, encouraging international cooperation while ensuring compliance with Chinese laws and national security. The commission aims to foster a market-oriented, law-based, and internationalized business environment, coupled with robust risk control measures. AI

The 2026 APEC Trade Ministers' Meeting commenced today in Suzhou, China, focusing on four key areas: the Asia-Pacific Free Trade Area, multilateral trade systems, digital cooperation, and the green economy. Concurrently, China's National Development and Reform Commission and National Energy Administration issued a notice to expand green electricity direct connection policies from single users to multiple users, aiming to facilitate local consumption of new energy and provide cost-effective green power solutions for emerging industries like computing facilities and green hydrogen. AI

China's National Development and Reform Commission and National Energy Administration have expanded green electricity direct connection policies to support multiple users, moving beyond single-user arrangements. This policy shift aims to facilitate the local consumption of renewable energy and provide cost-effective green power solutions for emerging industries like computing facilities and green hydrogen production. The initiative is expected to significantly contribute to China's energy transition and high-quality industrial development. AI

China's National Development and Reform Commission and National Energy Administration have issued a new policy, Document 688, to facilitate multi-user green electricity direct connections. This policy expands upon previous guidelines, allowing for one-to-many connections and offering greater flexibility in scope, investment models, and distribution mechanisms. The initiative aims to support zero-carbon industrial parks and other multi-entity users, thereby reducing customer risk for green electricity developers and stimulating demand for grid equipment and energy storage. AI

China's National Development and Reform Commission (NDRC) announced an increase in domestic gasoline and diesel prices, effective May 21st at midnight. Gasoline prices will rise by 75 yuan per ton, and diesel prices by 70 yuan per ton. This adjustment follows a period of fluctuating international crude oil prices, with the average price over the last ten working days being higher than the previous period. AI

China's National Development and Reform Commission and the National Energy Administration have issued new guidelines for green electricity direct connection projects. These projects must ensure that self-generated electricity for self-use accounts for at least 60% of the total available power generation. The guidelines also stipulate that wind and solar power scale should be incorporated into provincial energy development plans, with specific usage ratios for total electricity consumption. AI