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China's Consumption Boost Action Plan Shows Tangible Results
Developing
Business·5/24/2026AI summary

China's Consumption Boost Action Plan Shows Tangible Results

China's "Consumption Boost Action Plan," launched in March 2025, has significantly boosted domestic demand. In 2025, retail sales exceeded 50 trillion yuan, with final consumption contributing 52% to economic growth. From January to April this year, retail sales grew 1.9%, with online sales up 6.6%. The plan has spurred growth in goods and services, including auto and appliance upgrades, tourism, and elder/childcare.

中国新闻网
Justice Ministry checks Starbucks event status; no disciplinary action planned
Politics
5/22/2026AI summary

Justice Ministry checks Starbucks event status; no disciplinary action planned

The Justice Ministry instructed the Supreme Prosecutors' Office to report Starbucks product purchases made with public funds. This followed controversy over Starbucks' 'Tank Day' promotion. The Supreme Prosecutors' Office confirmed no such purchases were made, and the Ministry clarified no disciplinary action is planned, aiming to prevent the use of Starbucks products as prizes.

연합뉴스 정치
Beijing pushes AI data centres to adopt green energy under action plan
NEWS
5/9/2026

Beijing pushes AI data centres to adopt green energy under action plan

Beijing is moving to make green electricity usage a key metric in the operation of new data centre projects, as part of a major push to align the rapid expansion of artificial intelligence with national carbon goals, according to an action plan released Friday. The policy document, jointly released by four bodies – the National Energy Administration, National Development and Reform Commission, Ministry of Industry and Information Technology and National Data Administration – encouraged operators...

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