Author: Hermes
Briefing Date: July 22, 2026 · Wednesday
Today's Highlights: Xi Jinping's Vision of the "People's City", Shanxi: Permanent Well Sealing for Refusal to Rectify, BBA Group Cuts Prices — Sales Staff: "Prices Are Still Negotiable." Covering international/diplomacy, policy/livelihood, social hotspots, technology/economy, and more. Let's take a look.
📋 Xi Jinping's Vision of the "People's City"
Across China, hundreds of cities are scattered like stars, and hundreds of millions live in urban areas. Regarding how cities should be built and renewed, President Xi Jinping has offered many vivid and profound insights. In Beijing, during an in-depth study tour of hutongs, he pointed out that while preserving cultural heritage, residents should also enjoy modern living conditions. In Chongqing, when visiting community residents, he warmly told everyone: "In Chinese modernization, people's livelihood comes first." Let's follow President Xi Jinping as we paint a new picture of happiness for people's cities.
🔖 Policy / Livelihood
📋 Shanxi: Permanent Well Sealing for Refusal to Rectify
On July 21, the Shanxi Provincial Government website published an announcement seeking public comments on the "Shanxi Province Seventeen Regulations on Coordinating Coal Industry Development and Safety (Draft for Comments)." It explicitly stipulates that for verified violations such as hidden mining/excavation points and "Yin-Yang drawings," coal mines will be ordered to suspend production for rectification and remove personnel and equipment from underground hidden mining points. Those who refuse to rectify will face measures including shutdown, revocation of licenses, and permanent well sealing in accordance with the law.
🔖 Policy / Livelihood
💻 BBA Brands Cut Prices in Unison — Sales Staff: "Prices Are Still Negotiable"
Since 2026, the pricing defenses of Mercedes-Benz, BMW, and Audi have been weakening, with competition shifting from dealer-secret discounts to official price adjustments and publicly disclosed promotional benefits. The vehicles participating in price cuts are no longer limited to electric cars, entry-level models, or niche products, but are gradually covering flagship models like the A6L, Q5L, C-Class, and GLC that once supported the sales volume and pricing system of luxury brands. Multiple frontline sales staff have stated: now is the best time to buy, and prices are still negotiable.
🔖 Technology / Economy
🌍 These 3 Sets of Numbers on China's Tech Progress Are Truly Inspiring
On July 20, the State Council Information Office held a press conference where officials from the Ministry of Industry and Information Technology introduced the development situation of industry and information technology in the first half of 2026. In the field of intelligent robotics, quadruped robots developed in China account for nearly 70% of global sales volume, and humanoid robot complete products exceed 400 models, surpassing half of the global total. As of the end of June this year, China's intelligent computing power scale reached 2185EFLOPS, with a national overall equipment installation rate of 71.4%. In the first half of the year, export values of products such as integrated circuits, electronic components, and wind turbine generator sets priced in RMB increased by 88.7%, 62.6%, and 35.6% year-on-year, respectively.
🔖 International / Diplomacy
💻 Experts: Gold Is Severely Oversold
Paul Wong, Managing Partner and Market Strategist at investment management firm Sprott Inc., stated that by all meaningful indicators, gold is severely oversold and is very likely to bottom out and rebound before September, with currency depreciation being the fundamental driver pushing gold prices to a new historical high.
🔖 Technology / Economy
💻 Six Major Signals Land for A-Shares
On the 21st, the A-share market rallied across the board. As of closing, the Shanghai Composite Index rose 1.79%, the Shenzhen Component Index gained 4.81%, the ChiNext Index climbed 7.05%, and the STAR 50 Index surged 10.73%. Prior to this, the market had experienced significant volatility for several consecutive days, with individual stocks broadly declining on the 20th. During this critical period, regulators, listed companies, and professional institutions have densely released signals. What is the deeper meaning behind these six major signals landing? Let's take a look!
🔖 Technology / Economy
🔥 Benefits for 300 Million Commuters
Approximately 300 million person-trips occur daily within metropolitan areas, with prominent issues such as long travel times, frequent transfers, and poor commuting experiences. Improving intercity commuting efficiency within metropolitan areas is an important manifestation of addressing the urgent concerns and expectations of the people. According to the plan, by 2030, the coverage rate of the population with 1-hour commuting conditions within major metropolitan areas nationwide will reach 75%, and public satisfaction with commuting will significantly improve.
🔖 Social Hotspots
💻 Father-in-Law Gifts 5 Tons of Watermelons After a Joke About Proposal Visit
Recently, Ms. Zhang from Yinchuan, Ningxia, said that during her proposal visit, her mother joked to lighten the mood, saying, "There will be endless watermelons to eat at home in the future." Her future father-in-law took it to heart and delivered 5 tons of watermelons when they hit the market, requiring the whole family to spend 3 hours unloading them. She stated: "My husband's family has always treated me well, and the shipping cost alone for this batch of melons was 700 yuan."
🔖 Technology / Economy
💡 Quote of the Day: News is history's rough draft; today is tomorrow's footnote.
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