Business Brief (July 29): China Backs AI Token Business Innovation
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The National Data Administration encouraged innovation in token-based business models for AI and the exploration of new trading models such as token trading.
Chipmaker CXMT is set to be included in the MSCI China All Shares Index.
ByteDance’s Volcano Engine launched its Doubao search service.
The Hong Kong government and the Ministry of Industry and Information Technology signed a cooperation agreement to jointly build a manufacturing innovation center.
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