B[Minister of Science and Technology Yin Hejun led a delegation to the United States to attend the 2026 G20 Innovation Ministerial Meeting] September 2, 2026. From August 31 to September 1, 2026, Minister of Science and Technology Yin Hejun led a Chinese delegation to the United States to attend the G20 Innovation Working Group Innovation Ministerial Meeting. Yin Hejun said that the development of emerging technologies represented by artificial intelligence has entered an unprecedented active period, with opportunities and challenges coexisting, and it is urgent for all countries to work together to respond. China has always placed scientific and technological innovation in a prominent position in its modernization drive and continued to expand high-level scientific and technological opening up. In the field of artificial intelligence, China emphasizes the concept of people-oriented and upward goodness, is committed to promoting global artificial intelligence capacity building, and contributes Chinese solutions to bridge the digital intelligence gap. This innovation ministerial meeting was chaired by Michael Kratzios, director of the White House Office of Science and Technology Policy. With the theme of "Leading Innovation by Artificial Intelligence and Emerging Technologies", extensive and in-depth discussions were held around topics such as "Innovation Support Policy Framework", "Technology Empowers Prosperous Development" and "Technical Talent Team Building". The meeting reached many consensuses on policy principles for artificial intelligence and emerging technology innovation, and on improving workers’ artificial intelligence skills. During the meeting, Yin Hejun held talks, meetings and exchanges with the science and technology ministers or their representatives of the United Kingdom, Argentina and other countries, and exchanged in-depth views on deepening bilateral and multilateral scientific and technological innovation cooperation. B[IMF President: The global economic outlook still faces high uncertainty] September 2nd, International Monetary Fund (IMF) President Georgieva delivered a speech at the G20 Finance Ministers and Central Bank Governors Meeting on September 1st, saying that behind this year’s expected 3% growth rate of the global economy is a serious differentiation of growth, and the growth prospects still face high uncertainty. Higher bond yields in advanced economies are pushing up global interest rates, which is worrying. Georgieva said global public sector debt is approaching 100% of gross domestic product (GDP), which has exceeded post-World War II highs and is expected to rise further. The decline in inflation in many countries has stalled, increasing fiscal pressure is pushing up core bond yields, and the interaction between fiscal and monetary policies is worrying the market. Finally, the future impact of AI on productivity and financial stability remains unknown. Georgieva said the continued rise in global interest rates was particularly worrying. Bond yields in major developed economies have risen to multi-year highs, driving a general rise in global financing costs. Although interest rate differentials between some emerging markets and developed economies have narrowed, this benefit has been offset by increased financing costs brought about by rising global benchmark interest rates. B[The concept of computing power leasing has partially recovered, and Dawei Technology has reached its daily limit] On September 2, the concept of computing power leasing has partially recovered in the afternoon, and Dawei Technology has reached its daily limit. Previously, the competition reached 4 consecutive boards, and Yangdian Technology, Pingao Shares, Oriental Materials, Tongniu Information, and Xingyun Technology followed suit. In terms of news, the General Office of the Ministry of Industry and Information Technology recently issued the "Notice on Carrying out Special Actions to Cultivation of Artificial Intelligence Application Service Providers." Among the four key tasks, the Ministry of Industry and Information Technology proposed to organize service providers to take the lead in forming "artificial intelligence application service groups" such as modeling and mathematical resonance, computing and computing collaboration, and support service providers in strengthening their connection with the national computing power network hub nodes, national computing power interconnection nodes, and China's computing power platform. B[PwC predicts that global cumulative investment in data centers will reach US$31.6 trillion by 2050] September 2, PwC predicts that in order to meet the world’s growing demand for artificial intelligence (AI), cumulative global data center spending will reach US$31.6 trillion by 2050, and the scale of investment will exceed the historical infrastructure construction wave such as railways, the Internet, and electrification. PricewaterhouseCoopers released a report on Wednesday saying that if the popularity of AI exceeds its "baseline scenario" expectations, data center spending in about the next 25 years may even reach $50 trillion. By comparison, U.S. gross domestic product (GDP) is currently about $30 trillion. As consumers, businesses and governments increasingly use AI, technology giants such as Microsoft and Amazon, as well as smaller data center operators, are rapidly building new computing facilities around the world. Most of the investment will be in the internal equipment of the data center, including AI chips, storage chips, network equipment and servers. B[The 15th China Intellectual Property Annual Conference will set multiple topics around artificial intelligence and intellectual property] On September 2, it was learned from the media briefing of the 15th China Intellectual Property Annual Conference that the annual conference will set up multiple topics around artificial intelligence and intellectual property. Focusing on the legal dimension of AI intellectual property governance, we conducted discussions on cutting-edge topics such as the copyright legality of large model training data, the copyrightability of AIGC products, the sharing of infringement liability in human-machine co-creation scenarios, and the practical application of AI tools in patent retrieval and trademark monitoring. We discussed the evolution direction of intellectual property rules in the AI era from the three dimensions of justice, administration, and industry. Focusing on the technical dimension of the development of the artificial intelligence industry, and focusing on topics such as AI native technology and next-generation innovation paradigms, embodied intelligence and future industrial transformation, and AI restructuring of enterprise organizations and production methods, representatives from the Intellectual Property Center of the Artificial Intelligence Industry Working Committee, the Electronic Intellectual Property Center of the Ministry of Industry and Information Technology, and embodied intelligence enterprise representatives were invited to discuss how AI can move from the digital world to the physical world, and from technological breakthroughs to industrial transformation. (CCTV News) B[The power grid equipment sector fluctuated and rebounded, Far East Co., Ltd. and Sun Cable both hit their daily limits] On September 2, the power grid equipment sector fluctuated and rebounded in early trading. Far East Co., Ltd. and Sun Cable Co., Ltd. hit their daily limit, followed by Yangdian Technology, Shenma Power, Han Cable Co., Ltd., Yineng Power, Canneng Power, etc. In terms of news, the National Energy Administration held a new power grid construction work deployment meeting on September 1. It is proposed to accelerate the research and development and application of new power grid technologies such as artificial intelligence +, flexible network construction, intelligent regulation, and long-term energy storage to develop new productivity. B[Liao Min attended the second meeting of the G20 Finance Ministers and Central Bank Governors in 2026] From August 31 to September 1, 2026, the United States, the chairman of the Group of Twenty (G20), held the second G20 Finance Ministers and Central Bank Governors Meeting this year in Asheville, North Carolina, the United States. The meeting mainly discussed topics such as the global macroeconomic situation, global growth, global imbalances, international debt and financial literacy. Vice Minister of Finance Liao Min led a delegation to attend the meeting and delivered a speech. Liao Min said that the current global economy is facing multiple challenges, and the G20 should insist on practicing true multilateralism, further strengthen macroeconomic policy coordination, and promote stronger global growth. G20 parties should safeguard free trade, promote inclusive economic globalization, and create a favorable policy environment for international trade and capital flows. Artificial intelligence is profoundly reshaping the economic development model. All parties should adhere to win-win cooperation, bridge the digital intelligence gap, and promote sustainable development. All parties should view the global imbalance problem in a comprehensive, objective and balanced manner and fundamentally solve the debt problem of developing countries by promoting development.
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