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An AI town with a construction capacity of over 1 million square meters will be built into a world-class community for scientific innovation. This town will function as a new engine for the district's development, the district authority said.

An Xuejun, deputy director of Beijing Municipal Health Commission, said the city increased its purchase quota for flu vaccines by 20 percent in July and started to give vaccinations to more vulnerable groups, such as the elderly and minors, as early as September.

An analysis from Daniel Li, a principal at Madrona Venture Group, noted that collaboration software companies such as Zoom and Slack have seen share prices increase over the past few months. Meanwhile, companies in software sectors including payments (relies on economic activity) and security (relies on in-person sales + implementation) have taken a hit.

An all-day US-China Mayors' Summit and an Africa Forum focusing on economic development also will be held on July 17.

An estimated 300 million Chinese consumers would be able to afford cruise trips in the near future.