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BEIJING X-MAGTECH TECHNOLOGIES Secures Hundreds of Millions RMB Series B Financing to Boost Quantum Precision Magnetometry Commercialization
Beijing X-Magtech Technologies has closed a multi-hundred-million-yuan Series B financing round backed by multiple Beijing municipal industrial funds and institutional investors with existing shareholder CAS Star Ventures continuing investment. Ranking as the largest single financing in China’s disclosed quantum magnetic field measurement sector, the proceeds will fuel R&D upgrade, mass production and industrial rollout of its proprietary quantum weak magnetism measurement technologies, which ar
SpaceX Sets IPO Price at $135 Per Share for Record $75 Billion Offering; China Advances Commercial Space with New Rocket Launch and Tank Technology Breakthrough
SpaceX has priced its IPO at $135 per share, planning to sell 555.6 million shares to raise $75 billion, which would value the company at $1.77 trillion and make it the largest IPO in history. Meanwhile, China successfully launched the Long March 12B rocket on June 1, sending the tenth batch of Qianfan constellation satellites into orbit, and held a space computing forum in Beijing. Separately, a Dalian University team achieved mass production of large rocket propellant tank domes, cutting manuf
Lao president: Closer Laos-China ties, a shared future
This year marks the 65th anniversary of the establishment of diplomatic relations between the Lao People's Democratic Republic and the People's Republic of China. The two sides have designated 2026 as the "Laos-China Friendship Year" and have jointly organized a wide range of meaningful activities to commemorate this historic occasion.
Southwest University Party Secretary Leads Delegation to Hungary and Portugal, Secures Major Agreements on Joint Labs and Academic Cooperation
From May 26 to 31, a delegation led by Party Secretary Zhang Weiguo of Southwest University visited key universities in Hungary and Portugal to deepen partnerships under the Belt and Road Initiative. The trip resulted in key agreements on a China-Hungary joint laboratory for food science, a “3+1” undergraduate program, and a new strategic partnership with NOVA University Lisbon focusing on atomic manufacturing, third-generation semiconductors, and advanced materials. The delegation also received
University of Calabar Delegation Visits Southwest University, Signing MOU for Collaboration
On May 21, a delegation led by Professor Offiong Efanga Offiong, Vice-Chancellor of the University of Calabar (Nigeria), visited Southwest University (SWU). President Wang Jinjun and Vice President Zhao Yufang met with the guests. The two sides discussed joint development of competitive disciplines and industry-university-research innovation models, and signed a memorandum of understanding to formally establish friendly cooperation.
UNESCO International Institute for STEM Education Holds High-Level Expert Seminar and Inaugural Governing Board Meeting
The High-Level Expert Seminar and the first Governing Board meeting of the UNESCO International Institute for STEM Education took place in Shanghai on May 14, 2026. Officials including UNESCO Director-General Anani, Vice Minister of Education Ren Youqun, and Shanghai Vice Mayor Xie Dong delivered speeches. Nobel, Turing, and Fields laureates provided expert advice on the Institute’s strategic plan. The Governing Board elected Gong Ke as its chair and reviewed the Institute’s mid-term strategy, a