AGP Executive Report
Last update: 9 hours agoAI and Industry: China’s first fully AI-generated feature film opened to weak demand: presales were about 80,000 yuan, far below its reported 10-million-yuan production cost. New government guidelines also aim to use AI to create jobs while limiting displacement and strengthening worker protections. Space: Beijing’s new position paper calls for stronger global rules to prevent an arms race in space. Separately, Hainan’s commercial spaceport is expanding; once four launch pads are operational, it could support about 60 launches a year. Research at Sea: China has ordered a $413 million self-propelled floating marine research vessel, designed for long-term work in rough seas and scheduled for delivery in 2030. Health Technology: A domestically developed heavy-ion cancer therapy accelerator has reached the testing stage in Guangdong, with clinical trials expected by year-end. Disaster Response: After a magnitude-7.0 earthquake in Xizang killed 16 people, China used satellites and drones to assess damage, support communications and guide rescue teams.
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