AGP Executive Report
Last update: 2 hours agoAI Race, Open Models: Alibaba unveiled Qwen3.8-Max, its biggest and most capable AI model, as shares jumped and the company pushed open-weight access to developers. AI Price War: DeepSeek’s V4-Flash is reported as the cheapest well-known model to run—over 100x cheaper than top U.S. rivals—fueling a new round of competition. Semiconductors in Beijing: CXMT, fresh off a blockbuster IPO, is reportedly in talks to build a second DRAM plant in Beijing, aiming to expand capacity and narrow the gap with global memory leaders. Cybersecurity, AI Agents: Researchers say a Chinese-speaking actor used DeepSeek in an autonomous hacking campaign, scanning for vulnerabilities and launching attacks with minimal human steering. Trade Friction Over “Overcapacity”: China defended its industrial policy mix and rejected Western claims of excess capacity ahead of EU and U.S. trade talks. Local Life in Beijing: A Beijing program is turning gig workers into “community responders,” using a WeChat reporting system to fix street problems and earn points for help. Tourism Shift: Foreign visitors are increasingly returning to China for deeper experiences beyond landmarks, with Inner Mongolia seeing sharp growth in inbound travel.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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