New Insulation Material Unveiled at CIFTIS

　　A new material displayed at the 2022 CIFTIS may revolutionize the way we clothe. Heating this material to the water-evaporating stage still does not make it problematic to be touched by hand. This material, in general, developed by Matrix shows potentials for replacing feathers and furs as sourcing materials of winter outfits.

　　China's Digital Consumption Keeps Growing in H1

　　According to MIIT, China has a fast-growing digital market with innovations popping up widely in different areas. The market size reached 6.8 trillion RMB in 2021, compared to that of 2.8 trilion in 2014. In the first half of this year, the country boasted a 3.2 trillion RMB's digital consumption, a rise of about 6 percent year on year.

　　Enterprises March Toward Wider AI Implementation

　　At the 2022 World Artificial Intelligence Conference which closed on September 3, entrepreneurs discussed positively about the future of AI implementation. China now has the largest proportions of AI applications among enterprises and is expected to integrate the metaverse model into AI adoption in coming years.

　　Hydrogenic Energy Witnesses Progress

　　Hydrogenic energy as a new form of clean energy is becoming increasingly popular in China. During the first half of this year, 21 rounds of financing events were initiated targeted for this industry, totaling 1.59 billion RMB, which represented a rise of 137 percent compared to last year, according to Kang Yong, chief economist of KPMG China at CIFTIS.