据 Economic Times 报道，印度 2026 财年加密税务申报季对投资者提出更高合规要求。文章称，印度虚拟数字资产（VDA）盈利仍按 30% 税率征税，相关转让适用 1% 源泉扣缴税（TDS），投资者需在 Schedule VDA 中逐笔申报交易、兑换和处置行为。Budget 2026 还要求加密交易所、托管方和钱包提供商向印度所得税部门提交用户级交易报表，税务系统将与投资者申报数据自动交叉核验。报道称，印度税务部门已发出逾 4.4 万份通知，并发现超过 88.8 亿卢比（约合 1.04 亿美元）未披露的 VDA 收入。

#为什么是中国# #WhyChina# The Global Logic of China's Economic Growth in the First Half of 2026: A 4.7% GDP Increase 2026年上半年GDP增长4.7%：中国经济增长的全球逻辑 According to the latest semi-annual report, China's gross domestic product (GDP) reached 69.6 trillion yuan, representing a year-on-year increase of 4.7% at constant prices, in line with the annual growth target. Against a backdrop of intertwined international complexities and volatilities, China's economic performance is commendable. Yet, a closer look at the data reveals that the logic underpinning China's economic growth is being reshaped. (I) At the Industry Level, Notable Highlights Emerge: First, new quality productive forces are being cultivated and strengthened at an accelerated pace.** In the first half of the year, industrial production grew robustly. The value-added output of the equipment manufacturing sector increased by 9.3% year-on-year, and that of high-tech manufacturing grew by 13.3%, both outpacing the overall growth rate of industrial output above a designated scale. This underscores a clear trend toward a high-end, intelligent, green, and integrated industrial structure. Looking at specific products, the output of 3D printing equipment, lithium-ion batteries, industrial robots, and other products emblematic of new quality productive forces surged. The average daily token call volume has reached hundreds of trillions, showcasing the vitality and potential of the digital and intelligent economies. Second, new growth drivers are accelerating to take on a leading role. Preliminary estimates suggest that new growth drivers—encompassing high-end manufacturing, the digital economy, and modern services—contributed over 40% to economic growth in the first half of the year. The economy's distinct shift toward a higher quality and more optimized structure is evident, and this overall trend is accelerating. For instance, industries related to artificial intelligence, such as integrated circuit manufacturing and intelligent vehicle equipment manufacturing, have all maintained high growth rates exceeding 30%, vividly illustrating the pace of China's industrial upgrading. Third, confidence on the investment front is on the rise. In the first half of the year, investment in high-tech industries grew by 4.6% year-on-year. Notably, investment in the manufacturing of aircraft, spacecraft, and equipment, computer and office equipment manufacturing, and information services grew by 23.3%, 8.1%, and 15.5%, respectively. Investment structure best reflects market expectations. The increasing "new economy content" in investments signals an acceleration in the replacement of old growth drivers with new ones. Investment in intellectual property products grew by 9.4%, indicating that enterprises are placing greater emphasis on R&D and innovation. This suggests that technological advancement is not simply about capacity expansion but about qualitative change driven by innovation. (II) Observing a Major Economy Requires Looking Beyond the Immediate Figures to the Long-term Trajectory. Behind the "new economy content" of the semi-annual report lies China's ongoing transformation from a global manufacturing hub to a global center of innovation. At the 17th Annual Meeting of the New Champions (Summer Davos), observers noted a new phenomenon: a host of unicorn companies are heading to China. They are establishing R&D centers, regional headquarters, and deeply integrating into China's innovation and industrial chains—shifting from "produced in China" to "created in China." So, why China? Economist Justin Yifu Lin, in his book *Demystifying the Chinese Economy, touched upon the theory of the "speed of technological change." He argues that the essence of the industrial revolution is not just the application of new technologies, but more fundamentally, the ever-accelerating pace of technological change. Since the mid-18th century, starting with the steam engine reshaping the textile industry, the snowball of technological change has grown, rapidly sweeping through industries like chemicals and automobiles, ultimately redrawing the geographical map of great power competition. Looking at China today, the trajectory of accelerating technological change is equally clear. A leading enterprise can drive an entire industry, which in turn can boost a whole region. These burgeoning industrial clusters, growing from saplings to forests, not only enhance production efficiency and invigorate market vitality but also effectively improve development quality and resilience. For example, specialized and sophisticated "little giant" enterprises above a designated scale in Beijing, through deep cultivation of innovation chains, supply chain collaboration, and international expansion, have become "connecting points" and "accelerators" for the dual circulation strategy. More importantly, emerging industrial clusters possess powerful spillover effects. The rapid rise of new energy vehicles is not only reshaping the automotive industry but also driving transformations in chips, software, and energy networks, allowing more sectors to gain value from efficiency improvements. The swift advancements in AI and biomedicine are sparking a "gentle qualitative change" in people's livelihoods, significantly enhancing the sense of fulfillment and well-being through smarter, more affordable products and more livable environments. (III) Looking from the First Half to the Full Year, China's Development Momentum Remains Positive. Of course, during this critical period of transitioning between old and new growth drivers, China's economy still faces lingering issues and new challenges. Some core areas are still grappling with "bottleneck" technologies, certain high-tech industries face external risks of "decoupling" and supply chain disruptions, and "involution"-style competition affects the new energy market ecosystem. However, most of these are issues arising from development and transition, and they can be addressed with effort. The supporting conditions and fundamental trends for long-term economic improvement remain unchanged. China's economic journey toward a newer, higher-quality model is itself a process of encountering new problems and solving them along the way. By maintaining confidence, proceeding steadily, and balancing both qualitative improvements and quantitative growth, China's industries are poised to be brimming with dynamism, and the Chinese economy will continue to advance steadily and sustainably. #China# #Jiangxi# #JiangxiEconomy# #世界经济看中国# #赣出新精彩#

你最需要担心的不是 AI 会抢走工作，而是经济系统可能根本不在乎你有没有工作。 看这篇文章很有感触，它提出了一个很扎心的概念：Ad Economicum。 简单说，我们都会想，AI 不可能替代所有人，因为人没工作就没收入，没收入就没消费，经济会崩掉，所以资本家最后一定还需要人类。 这听起来很安慰，但当我看完这文章时候就不这么想了，作者提醒我们：我们可能把「经济」想得太有人情味了。 现实中，空房子可以多过流浪汉，食物可以多到浪费，药品可以存在仓库里，但依然有人住不起、吃不上、治不了病。经济系统能继续运转，并不代表它一定会照顾每个人。 所以问题不在于 AI 能不能让经济继续跑下去。 真正的问题是：如果未来的经济越来越围绕算力、能源、机器维护、AI 公司之间的交易运转，人类还有没有被写进这个系统的核心位置？ 所以别把「经济会需要人类」当成理所当然。 如果我们希望未来仍然以人为中心，就不能指望市场自己长出良心，而要提前设计分配、保障、规则和新的社会契约。

#港澳山东周# 前身是创办于2009年的香港山东周，是山东省层级最高、影响力最大的境外经贸交流品牌活动。Hong Kong and Macao Shandong Week, is the highest level and most influential overseas economic and trade exchange brand activities in Shandong Province.

#港澳山东周# 前身是创办于2009年的香港山东周，是山东省层级最高、影响力最大的境外经贸交流品牌活动。Hong Kong and Macao Shandong Week, is the highest level and most influential overseas economic and trade exchange brand activities in Shandong Province.

In-Depth Investigation: Seizing the Commanding Heights of the Intelligent Era — A Survey of China's Artificial Intelligence Industry Development 深度调研 | 抢占智能时代制高点：我国人工智能产业发展调查 By "Joint Research Team of Qiushi Economics Editorial Department and CCID Research Institute" Translation Interesting comments about Nvidia

据 Blockworks 发布的《Solana Q2 Token Holder Report》，2026 年第二季度 Solana 链上代币化资产交易量创历史新高至约 58 亿美元，较一季度增长约 114%。其中代币化股票交易量约 48 亿美元，占全行业代币化股票交易量约 97%，成为 Solana 本季度最主要增长引擎。 报告称，尽管 Meme 币退潮导致网络 Real Economic Value（REV）环比下降约 43% 至 5100 万美元，DEX 现货成交量下降至约 1608 亿美元，但 SOL 现货 ETP 仍录得约 1.2 亿美元净流入，质押 SOL 升至约 4.27 亿枚，占总供应量约三分之二。Solana 预计将在第三季度推进 Alpenglow 升级，并通过 SIMD-550、SIMD-553 等提案调整通胀与销毁机制，以强化 SOL 的价值捕获。

祝贺聂辉华教授出任清华大学社科学院长聘教授、博士生导师。 我这位老乡长期在人大工作，是一位真正的“土鳖”——本土培养的有建树的经济学者。主要研究政企关系、企业理论和制度经济学，在《中国社会科学》、《经济研究》、Review of Economics & Statistics 等国内外顶级学术刊物上发表了几十篇论文。