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AGP Executive Report

Last update: 2 hours ago

US-China AI Pressure: The U.S. plans to tell dozens of countries to “pick sides” in the AI race, warning they’ll be excluded from a U.S.-led coalition if they join Beijing’s competing framework, as Pax Silica targets AI, chips, and critical minerals. Clean Power Grid Limits: China curbed 360 TWh of clean electricity in the first half of 2026 as transmission and contract structures hit renewables, with curtailment expected to stay “structural” and solar installs down sharply. AI Industry Buildout: China is pushing a tiered, region-by-region AI ecosystem tied to terminals, chips, and industrial robots, with computing capacity and utilization rising fast. Semiconductor Shift: CXMT’s surge to become China’s most valuable firm signals a hardware-led tech era as investors rotate from big private platforms. Biotech Deal: Henlius struck a deal with Sandoz for up to 10 biosimilars/drug substances, with milestone payments totaling up to $322M and global rights outside China. EV Overseas Momentum: BYD sold 497,000 NEVs outside China in H1 2026, overtaking Hyundai to rank No. 3 globally excluding China. Autonomous Driving in Europe: Momenta gained regulatory approval for nationwide urban testing in Germany, while Pony.ai expands robotaxi rollout with Uber. Space & Science: China’s Shenzhou-23 crew advanced space science experiments and in-orbit training. Green Transition Debate: A report argues China’s green-tech scale helps the world decarbonize, but trade tensions may raise costs and slow adoption.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

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CXMT's rise to China's most valuable firm heralds new tech era

CXMT's rise to China's most valuable firm heralds new tech era

China Focus: China unfolds AI landscape with diversified local strengths

China Focus: China unfolds AI landscape with diversified local strengths


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