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On October 8, the spokesperson of the Ministry of Foreign Affairs, Mao Ning, hosted a regular press conference. A Reuters reporter asked about the allegations made by the American cybersecurity company CrowdStrike that Chinese individuals and related institutions used AI tools to attack South Korean financial institutions.Mao Ning stated: "I am not familiar with the specific situation mentioned. As a principle, China has always opposed and legally cracked down on hacking activities, and even more so opposes the dissemination of false information for political purposes." She also stated that artificial intelligence profoundly affects cybersecurity, and the international community should strengthen cooperation and dialogue, formulate new international rules, and jointly maintain cybersecurity.

According to the official website of the People's Bank of China, the central bank released the "Policy Position on the Renminbi Exchange Rate," clarifying that China implements a managed floating exchange rate system based on market supply and demand, referencing a basket of currencies, and has exited from normalized foreign exchange interventions since 2017.The central bank stated that China has no intention of gaining trade competitive advantages through devaluation, never engages in competitive currency devaluation, and only uses macro-prudential tools to prevent short-term overshooting under significant external shocks such as the pandemic and the tariff war in April 2025. Since the exchange rate reform in 2005, the Renminbi has appreciated by a cumulative 23% against the US dollar, and the nominal effective exchange rate has appreciated by over 50%; since 2025, it has appreciated by about 9% against the US dollar.The central bank also pointed out that using the International Monetary Fund's external balance assessment conclusions as the official basis for the undervaluation of the Renminbi is a misinterpretation and misuse, and that alleviating global imbalances requires joint action from deficit and surplus countries.

The semiconductor research organization SemiAnalysis released a survey on Chinese data centers, tracking over 1,000 facilities from more than 60 operators. The report estimates that by the end of 2026, China's data center capacity will exceed 24GW, second only to the United States' 56GW. ByteDance accounts for nearly one-fifth of this, making it the largest data center tenant in the country.ByteDance has leased over 4GW of data center capacity, with suppliers including Qinhuai Data, China United Network Communications, and Century Internet. The report states that by early 2026, ByteDance will still contribute about 90% of Qinhuai Data's revenue. ByteDance has also begun to accelerate its self-built data centers, constructing large facilities in Shanxi, Anhui, and Inner Mongolia to reduce reliance on external suppliers.The report also mentions that while Chinese data centers have long been considered to have a high vacancy rate, AI server rooms are still in short supply. This is due to many old server rooms lacking sufficient power supply and cooling capabilities, making it difficult to directly deploy high-power AI servers, while newly built large AI data centers are quickly being rented out. For example, a 100MW data center, excluding IT equipment such as servers, has a construction cost of about $300 million in China and about $1.5 billion in the United States, with Chinese facilities of the same scale typically delivered in about 12 months. Compared to the power supply and approval issues faced by the United States, the more prominent bottleneck for expanding AI data centers in China is the supply of advanced chips.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "China Open: Djokovic vs. De Minaur," the "Djokovic" option in the sub-market "China Open: Djokovic vs. De Minaur" has experienced a dramatic fluctuation in winning probability, rising from 62.5% an hour ago to the current 77.5% (a fluctuation of 15%). Please note the impact of relevant breaking news.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "China Open: Novak Djokovic vs. Daniil Medvedev," the option "Novak Djokovic" in the sub-market "China Open: Novak Djokovic vs. Daniil Medvedev" has experienced significant fluctuations in winning probability, soaring from 21.5% an hour ago to the current 65.5% (a fluctuation of 44%). Please note the impact of relevant breaking news.

According to Cointelegraph, a report by Chainalysis indicates that from the first quarter of 2024 to the second quarter of 2026, the number of independent wallets sending peer-to-peer (P2P) stablecoin transactions in China increased 43 times.During the reporting period from July 2025 to June 2026, Chainalysis recorded 18.1 million transfers involving self-custodied stablecoin holdings in China, totaling $10.41 billion. The annual turnover rate of stablecoin holdings was 33.2 times, more than three times the global average of 9.3 times. Chainalysis believes this characteristic aligns with users using stablecoins as working capital.Chainalysis estimates that the size of China's crypto economy is at least $176 billion, with domestic P2P activities accounting for 59.1%, which is 3.5 times the share during the 2025 reporting period. In March 2026, the volume of stablecoin transfers within China increased by $4.9 billion, marking the largest monthly increase during the reporting period. This growth occurred amid China's long-standing restrictions on crypto trading, as regulators introduced new rules in February targeting unauthorized RMB-pegged stablecoins and tokenized real-world assets.Chainalysis pointed out that China's P2P-dominated market contrasts with other markets in East Asia. South Korea, with $449.1 billion, has become the largest crypto economy in East Asia, with activity growing by 12.3% compared to the previous reporting period, and retail investors showing a preference for AI-related tokens. Institutional platforms in Hong Kong accounted for 16% of service inflows, nearly three times that of regional neighbors, and recorded nearly $24 billion in business-to-business inflows, issuing the first batch of stablecoin licenses in April.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "China Open: Alexander Zverev vs Novak Djokovic," the sub-market "China Open: Alexander Zverev vs Novak Djokovic" for the option "Alexander Zverev" has experienced a sharp fluctuation in winning probability, dropping from 87.5% an hour ago to the current 58.5% (a fluctuation of 29%). Please note the impact of related breaking news.

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.