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According to the South China Morning Post, former U.S. officials stated that Chinese semiconductor factories have stockpiled hundreds of immersion lithography machines worth billions of dollars in recent years and urged Washington and its allies to stop further exports. The Centre for Technology & Statecraft, established in August 2026, released a report in late September estimating that by early 2026, Chinese wafer fabs had acquired approximately 343 immersion deep ultraviolet lithography systems. The report was co-authored by former U.S. export control official Nicholas Brown and former White House and Department of Commerce technology policy advisor Saif Khan.The report estimates that about 270 of these are ASML Twinscan NXT:1980i. The authors claim that although these devices lag behind extreme ultraviolet lithography machines, they can be modified for the production of 7-nanometer logic chips and advanced memory required for artificial intelligence processors (including Huawei's Ascend series). Chinese wafer fabs spent over $13 billion in 2024 to purchase about 90 NXT:1980i units, and acquired another 89 units in 2025. ASML disclosed that, by destination, China accounted for 41% of its net system sales in 2024, 33% in 2025, dropping to 19% in the first quarter of 2026 and 14% in the second quarter.Since September 2023, the Netherlands has required export licenses for the NXT:2000i and more advanced immersion deep ultraviolet equipment, effectively banning these models from being shipped to China; a year later, the licensing requirements were extended to the NXT:1980i, but this model can still be approved for shipment on a case-by-case basis.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "China Open: Bu Yun Zhao Ke Te vs Djokovic," the sub-market "Total Sets: Over/Under 2.5" option "Over 2.5" has experienced a sharp fluctuation in winning probability, soaring from 68% an hour ago to the current 90.5% (a fluctuation of 22.5%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the market prediction event "China Open: Hurkacz vs. Arthur Gea" on Polymarket, the "Hurkacz" option in the sub-market "China Open: Hurkacz vs. Arthur Gea" has experienced a sharp fluctuation in winning probability, plummeting from 71.5% an hour ago to the current 42.5% (a fluctuation of 29%). Please note the impact of related breaking news.

According to Cointelegraph, the Ministry of State Security of China issued a statement accusing cryptocurrencies of being used by foreign forces for espionage and money laundering, emphasizing their non-anonymity.Data from the same period shows that Singapore's crypto economy grew against the trend by 55.4% to $284 billion, maintaining its position as the regional leader.

The two-day AI Summit (China·Chongqing Station) hosted by Star River has successfully concluded on September 29, 2026. Star River founder Jemmy, co-founders River He and Bison Liu attended the summit and engaged in in-depth discussions with the guests present.This summit focused on cutting-edge innovations in the AI industry, discussing the implementation of technology applications and the construction of industrial ecosystems. Several industry guests shared the latest practices and thoughts on the implementation of AI in the industry. DGrid AI participated in the topic discussions as a partner. DGrid AI is a decentralized AI intelligent reasoning network that provides developers with low-cost, verifiable AI multi-model calling services through a unified access layer, which attracted attention on-site.Participants engaged in in-depth discussions on topics such as the implementation of AI technology applications, the construction of developer ecosystems, and collaborative innovation in the industry, reaching multiple consensuses. The organizer, Star River, stated that it will continue to build industry exchange platforms in the future to promote AI technology innovation and industrial implementation.

Recently, the police in Baotou, Inner Mongolia, China, investigated a virtual currency money laundering case. The criminal gang used "free credit card repayment" as bait to attract ordinary users to provide accounts. They received illicit funds from overseas gambling and fraud through false consumption, then contacted currency dealers to exchange for virtual currency and transferred it to designated addresses abroad. Through financial and on-chain data analysis, the police identified nearly a thousand involved accounts, with suspects distributed across Inner Mongolia, Shandong, Jiangsu, Hebei, Chongqing, and other regions.The Digital Currency Research Institute of the People's Bank of China stated that it is currently using large model technology to analyze the flow of funds in virtual currency transactions, restore the gang's trading patterns, and uncover clues related to illegal industries. Upon investigation, it was confirmed that seven members of the gang were illegally engaged in payment settlement business without approval from relevant national authorities, constituting the crime of illegal operation, and were sentenced to imprisonment ranging from one year and two months to two years and six months, along with fines.Using virtual currency for money laundering is a new type of money laundering crime that has emerged in recent years. Lv Wei, the president of the Inner Mongolia branch of the People's Bank of China, stated that enhancing the monitoring and identification capabilities for abnormal fund transactions related to virtual currency trading has helped successfully crack down on a major money laundering case involving virtual currency pyramid schemes, dismantling more than ten money laundering and points-running dens, and confiscating illegal gains of approximately 130 million yuan. In recent years, there have been coordinated efforts to promote the conviction and sentencing of four cases involving money laundering using virtual currency, forming a strong deterrent against illegal activities such as money laundering with virtual currency.

According to a report by Caixin, the latest report from International Data Corporation (IDC) shows that the global humanoid robot market continues to experience explosive growth. In the first half of 2026, global humanoid robot shipments are expected to approach 25,000 units, a year-on-year increase of 432.1%. The industry is accelerating its transition from technology validation to commercial application.Among them, China’s shipments exceeded 19,000 units, accounting for approximately 77.9% of the global market; ZhiYuan's shipments exceeded 8,600 units. IDC predicts that by 2030, global humanoid robot shipments will exceed 750,000 units, entering a period of accelerated large-scale application.

According to the monitoring by the National Climate Center of the China Meteorological Administration, since September, the sea temperature in the equatorial central eastern Pacific has continued to rise, with the sea temperature index breaking 3°C for the first time.It is expected that around November, the peak of the sea temperature index will reach 3.2°C to 3.5°C, forming the strongest super El Niño event on record.

According to Catcher Predict monitoring, the predicted market on Polymarket for the event "China Open Qualifiers: Wang Jiaqi vs. Bai Zhuoxuan" has seen a dramatic fluctuation in the "Wang Jiaqi" option of the sub-market "China Open Qualifiers: Wang Jiaqi vs. Bai Zhuoxuan," rising from 26% an hour ago to the current 45.05% (a fluctuation of 19.05%). Please note the impact of related breaking news.

The Ministry of Commerce announced the framework for the China-U.S. Trade Council and the "300 billion for 300 billion" reciprocal tariff reduction. The U.S. side will reduce tariffs on approximately 30 billion dollars of imported goods from China, including toys, home appliances, and baby products, while the Chinese side will reduce tariffs on approximately 30 billion dollars of imported goods from the U.S., including agricultural products and medical devices. Both sides will jointly announce a list of tariff-reduced products.

The head of the U.S. Affairs Department of the Ministry of Commerce interprets the results of the eighth round of China-U.S. economic and trade consultations. In this round of consultations, both parties agreed to establish an artificial intelligence dialogue led by Vice Premier He Lifeng and Treasury Secretary Janet Yellen under the China-U.S. economic and trade consultation mechanism, and the first dialogue has already taken place, discussing the risks and benefits related to artificial intelligence.Both parties agreed to hold the next dialogue by the end of November this year. They also agreed to establish a communication channel for artificial intelligence incidents.

The head of the U.S. and Canada Division of the Ministry of Commerce interprets the results of the eighth round of China-U.S. economic and trade consultations. Both China and the U.S. agree to establish a China-U.S. Trade Council under the China-U.S. economic and trade consultation mechanism, with the main task of optimizing bilateral trade. The economic and trade teams of both sides have reached a consensus on the council's tasks, structure, responsibilities, and consultation arrangements, which will be announced later.

Reuters quoted The Information's report stating that the Chinese government has signaled that it may allow some domestic companies, such as ByteDance and Alibaba, to purchase chips from Nvidia designed for high-end professional computers. The Information cited two informed sources saying that the Ministry of Industry and Information Technology recently requested companies, including ByteDance and Alibaba, to report their plans to purchase Nvidia RTX PRO 5500 chips and informed some companies that the government intends to approve these purchases.Some industry executives expect that the RTX PRO 5500 could bypass U.S. export restrictions. Reuters stated that it could not immediately verify the above report. A spokesperson for Nvidia responded that U.S. companies are still subject to outdated U.S. export controls as well as China's import restrictions on the U.S., with the relevant export controls covering gaming products released nearly five years ago. Alibaba and ByteDance did not immediately respond to requests for comment, and Reuters was also unable to reach the Chinese government for comment.

Wang Yi, a member of the Political Bureau of the Central Committee of the Communist Party of China and Minister of Foreign Affairs, stated that as the two largest economies in the world, China and the United States benefit from cooperation and suffer from conflict. The economic and trade teams of both sides have reached a new joint arrangement, including the establishment of a Trade and Investment Council, the formation of an Agricultural Working Group, and a reciprocal tax reduction of 30 billion dollars, which has stabilized the economic and trade relations and market confidence between the two countries.

During Chinese President Xi Jinping's state visit to the United States, China and the United States reached an eight-point consensus on achievements. Both sides agreed to build a strategically stable relationship based on respect, fairness, and equality, and to support each other in hosting the APEC and G20 meetings. The two heads of state agreed on Iran's commitment to not develop nuclear weapons and recognized the positive role of the China-U.S. economic and trade consultation mechanism, reaching a mutual tariff reduction arrangement of 30 billion dollars. Both sides also agreed to establish a dialogue and communication channel for China-U.S. artificial intelligence.

U.S. Treasury Secretary Steven Mnuchin stated that China and the United States have agreed to extend the trade truce agreement until January 10 of next year.Foreign Ministry spokesperson Geng Shuang suggested inquiring with the relevant Chinese authorities about the status of China-U.S. economic and trade consultations.

On the morning of the event "Intelligent Payment Qianhai · Welcoming APCE" held on that day, Tencent announced the official launch of TenPay Go, the first payment application for overseas users coming to China. This tool supports foreign card payments, Apple Pay, and other payment methods for individuals coming to China to make purchases within the WeChat Pay merchant network.According to Caixin, TenPay Go has currently partnered with seven major international card organizations, including UnionPay and VISA, and can bind nearly 60 overseas wallets. TenPay Go will also collaborate with Shenzhen Tong to create a transportation card service, which can be activated for immediate use by overseas individuals, allowing them to scan codes to take the Shenzhen subway and buses, with internal testing expected to launch in late September.

According to The Information, citing informed sources, China's National Internet Information Office has launched an investigation into AI companies DeepSeek and Moonshot AI, triggered by Anthropic's allegations that the two companies secretly routed sensitive user data to their servers. Reports indicate that regulators visited the offices of both companies, interviewing executives and employees, focusing on whether sensitive data related to law enforcement, military, and state-owned enterprises has flowed into U.S. servers.The trigger for this investigation was Anthropic's fourth threat intelligence report released on September 10. This 154-page document accuses seven Chinese labs—Alibaba, Moonshot AI, DeepSeek, Z.ai, MiniMax, SenseTime, and Xiaomi—of engaging in what it calls "illegal distillation," which involves using the outputs of large models to train smaller models. Anthropic states that distillation itself is a legitimate practice, but it opposes its implementation through fraudulent accounts. The National Internet Information Office initially summoned all seven companies named in the report, but later narrowed the investigation to DeepSeek and Moonshot AI. Anthropic claims that Moonshot AI routed over 23 million interactions to Claude through 5,380 fraudulent accounts, while DeepSeek generated over 12.1 million interactions within a 14-day window in July.The timing of the investigation is quite delicate for both companies.

According to The Information, although American venture capital investment in Chinese startups has significantly decreased in recent years, some American VCs are still continuing to travel to China to meet with technology founders.Last month, three partners from Founders Fund, which is led by Peter Thiel, visited technology companies in Beijing, Shanghai, and Shenzhen: Sean Liu, John Luttig, and Joey Krug.

During an exclusive interview with China Central Television's finance program, Tesla CEO Elon Musk stated that China's AI large models are overall outstanding. He mentioned that, under limited computing power, the output per unit of computing power of Chinese models is already close to the world's top level.Musk assessed that China will solve the computing power bottleneck faster than most people expect. He roughly estimated that in the next 2 to 3 years, China could bridge the computing power gap relying on lithography technology and chip manufacturing capabilities.