DAILY BRIEF · 13 STORIES

The September 2, 2026 brief

  1. Shanghai Launches a STAR Market AI Applications Index

    The Shanghai Stock Exchange and China Securities Index Co. are launching a new benchmark for companies that build or deploy artificial intelligence applications, giving investors a defined way to follow part of China’s listed AI economy. The SSE STAR Market AI Applications Selected Index, code 950398, is scheduled for release on September 2.

  2. Xi Uses the SCO Summit to Renew China’s AI Diplomacy

    Xi Jinping has proposed an international cooperation center for AI applications for members of the Shanghai Cooperation Organization, placing artificial intelligence alongside development, security, and regional connectivity in China’s diplomacy toward Eurasian and Global South partners. The proposal came at the SCO heads-of-state meeting in Bishkek on September 1.

  3. New Calls Test the Window for U.S.-China AI Safety Talks

    A new public call for U.S.-China cooperation on AI safety is testing whether leaders can turn a shared concern about advanced systems into a workable diplomatic channel.

  4. Global Investors Look to Shenzhen’s AI and Robotics Market

    Shenzhen has become the setting for a concentrated pitch to international capital, as HSBC, UBS, and Nomura convene investor conferences in the southern technology hub with artificial intelligence, robotics, and other emerging industries prominent on their agendas.

  5. Foreign Funds Turn Toward China’s AI Hardware Stocks

    Foreign institutional investors increased their disclosed holdings of mainland Chinese shares sharply during the second quarter, with companies tied to the AI supply chain among the sectors drawing attention.

  6. MiniMax Brings Three-Second AI Video to Livestreaming

    A new version of MiniMax’s video-generation system is pushing generative video toward a format that looks more like live television than conventional rendering. H3 Max, developed by MiniMax with inference provider fal, is being used in experiments where an audience prompt can lead to a newly generated clip while the stream continues.

  7. China’s AIGC Long Drama Reaches Major Screens

    A new drama created with generative AI has started streaming on Mango TV and airing in Hunan TV’s prime-time schedule, bringing an AIGC production into a mainstream television setting rather than limiting it to a technology demonstration or short online clip.

  8. iFlytek Prepares Two Open-Source Edge AI Models

    iFlytek has opened two smaller AI models aimed at edge deployment while outlining a larger release for later this month, a move that places vehicle systems, smart hardware, and connected devices at the center of its product strategy.

  9. China Puts AI at the Center of Transportation Planning

    China’s transportation authorities are turning the broad idea of “AI plus transportation” into a large list of practical tests across roads, railways, waterways, aviation, ports, and postal networks.

  10. Kuaishou’s Kling AI Draws 1.4 Billion Yuan From a China Fund

    Beijing Kling Technology, Kuaishou’s generative-video subsidiary, has brought in two additional investors: the state-backed China AI Fund and CP Robot, which the filing identifies as Charoen Pokphand Robot. The development deepens its connection to industrial-policy capital as it builds its video-AI business.

  11. Baidu Sees AI Profits Nearing Search

    Baidu’s transition from an internet-search company to an AI business is reaching a new financial test. Chief Financial Officer Henry He says the company’s AI-related operations could soon produce margins comparable to its legacy search business, an assertion that turns a familiar strategic promise into a measurable profitability question.

  12. China’s Defense Law Brings AI and Drones Into Mobilization Planning

    China has revised its National Defense Mobilization Law for the first time in 16 years, creating a new legal frame for bringing advanced technology, specialized talent, and market entities into national-defense preparations.

  13. Congress Moves to Challenge China’s Open-Source AI Lead

    A U.S. House subcommittee has advanced a bill that would make government support for American open-weight artificial intelligence models an explicit response to Chinese competition. The proposal, the Open-Source AI Leadership Act, would ask the Commerce Department to identify barriers to U.S.