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CIBF 2026 Anchors Global Value Chains to Power Next-Gen Energy Storage

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TIANJIN, China, June 10, 2026 /PRNewswire/ — The 18th China International Battery Fair (CIBF 2026) concluded its three-day run at the Shenzhen World Exhibition & Convention Center. As the leading global gathering for the battery industry in the first year of China’s 15th Five-Year Plan period, the event united nearly 3,200 leading companies across a massive 280,000-square-meter showcase. Under the theme “Connecting the World, Empowering Green, and Driving the Future,” CIBF 2026 drew over 400,000 attendees across 14 specialized halls, setting a historic benchmark for the global energy storage and battery sectors.

Expanding Global Reach

The exhibition featured a dedicated international pavilion and attracted exhibitors and buyers from more than 90 countries and regions, providing opportunities for international business engagement and technology exchange. As participation from overseas stakeholders continues to grow, CIBF is increasingly serving as a platform for dialogue and collaboration across the global battery industry. The event also highlighted the role of international cooperation in addressing the opportunities and challenges facing the energy sector during China’s 15th Five-Year Plan period.

At the opening ceremony, Wang Zeshen, Secretary General of the China Industrial Association of Power Sources, highlighted three priorities for the industry: encouraging innovation over price competition, aligning more closely with international standards, and strengthening collaboration across the value chain. Meanwhile, Huatai Securities released a research report projecting continued growth in demand across the lithium battery value chain and identifying sodium-ion and solid-state batteries as promising areas for future development.

Innovation Across the Battery Value Chain

CIBF 2026 showcased the latest developments across the battery industry. In the field of solid-state batteries, attendees explored advances in electrolyte technologies and dry-electrode manufacturing. In the sodium-ion battery segment, exhibitors presented the latest progress in large-scale commercial applications. Meanwhile, innovations in high-nickel ternary cathodes, silicon-based anodes, and other key lithium battery materials highlighted the industry’s pursuit of multiple technology approaches, each advancing toward greater maturity and commercialization.

Industry leaders also drew significant attention with the introduction of their latest products and technologies. CATL presented its Qilin Condensed Battery and Naxtra sodium-ion battery series. The company’s recently announced energy storage supply agreement with HyperStrong—currently the world’s largest sodium-ion battery energy storage order to date—was prominently featured during the exhibition and widely reported as a milestone development for the sector. BYD showcased its second-generation Blade Battery and FLASH Charging Technology, which address two longstanding industry challenges: charging speed and low-temperature charging performance. Across the broader supply chain, SEMCORP unveiled three new products aimed at the premium market segment. Its “Disruptive Technology Experience Zone” became one of the exhibition’s most popular attractions, highlighting emerging technologies under development across the sector.

Energy Storage Emerges as a Key Growth Driver

For the first time, energy storage batteries surpassed power batteries in industry attention, becoming one of the exhibition’s dominant themes. Industry data showed that China’s lithium battery production schedule for May reached a record monthly high, with energy storage cells accounting for a significantly larger share of total output. The segment has become a key contributor to overall production growth, reflecting growing demand for energy storage applications.

International expansion was another key focus of this year’s event. Hall 12, the exhibition’s dedicated international pavilion, brought together leading grid operators, system integrators, and energy developers, providing an effective platform for Chinese battery companies to engage with global partners. The initiative supports the industry’s shift from product exports to the export of technologies and standards. According to reports from xhby.net, several high-profile partnerships were announced during the exhibition. Among them, BYD Energy Storage signed a strategic cooperation agreement with Norway’s Corvus Energy to jointly promote the large-scale deployment of high-rate lithium iron phosphate (LFP) marine battery systems, further extending the global reach of Chinese battery technologies.

Major Partnerships Announced

Partnership formation was among the exhibition’s notable outcomes. On the opening day alone, Cornex New Energy signed agreements with five leading industry partners, securing a combined order volume of 50 GWh. The agreements span applications from residential energy storage to utility-scale projects. Meanwhile, Shandong Huate Magnet entered into strategic partnerships with three battery manufacturers, further strengthening collaboration across the value chain. Beyond domestic deals, exhibitors also reached a broad range of agreements with international customers covering battery supply, technology development, and capacity expansion, demonstrating continued international engagement.

Looking Ahead: Five Trends Shaping the Battery Industry

Drawing on developments showcased throughout the exhibition, CIBF 2026 highlighted five trends shaping the future of the global battery industry. Battery technologies continue to diversify, with solid-state and sodium-ion batteries accelerating toward large-scale commercialization. At the same time, battery applications are expanding into the low-altitude economy, embodied AI robotics, and other emerging sectors, generating new sources of demand. Competitive advantage is also shifting from capacity expansion toward full-lifecycle economics and compliance with increasingly complex global regulatory requirements. Meanwhile, companies are moving beyond product exports toward integrated solutions that combine technology, standards, and manufacturing capabilities. These developments are accompanied by greater collaboration across the value chain, reflecting a growing emphasis on coordinated innovation throughout the industry.

CIBF 2026 was far more than a record-breaking industry gathering. It served as a forum for discussion on the future direction of the global battery sector. One theme emerged consistently throughout the exhibition: technological innovation and deeper integration with real-world applications are becoming increasingly important priorities across the industry. With a more diversified, open, and innovation-driven approach, China’s battery industry is playing an increasingly important role in the global energy transition.

While the exhibition has come to a close, innovation across the battery industry continues. Building on the discussions and partnerships formed at CIBF 2026, stakeholders will continue to push the boundaries of core technologies, deepen international collaboration, and support the global energy transition and carbon neutrality goals. The industry will gather again in Shenzhen in 2027 to explore new opportunities for sustainable, low-carbon development.

 

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Regional Business Growth (2026): Registered Agents Inc Analyzes Business Formation Trends Across the U.S. by Better Business Advice

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NEW YORK, Nov. 13, 2026 /PRNewswire/ — Better Business Advice has recognized Registered Agents Inc for its analysis of regional business growth through the company’s Business Formation Report, which tracks new business registrations across the United States. The monthly report provides state-level data on business formation activity, offering insights into changing entrepreneurial trends and the geographic distribution of new business entities.

The October 2026 report recorded 576,818 new business formations nationwide. The findings also showed that approximately 5.9 million business entities have been formed during the first ten months of 2026, a 16% increase compared with the same period in 2025.

The Registered Agents Inc Business Formation Report  provides a timely view of business creation across all 50 states and Washington, D.C. By tracking monthly formation totals and year-over-year changes, Registered Agents Inc helps economists, policymakers, journalists and entrepreneurs examine where business activity is increasing and where regional trends are shifting.

Business Formation Data Highlights Regional Growth

The October 2026 findings demonstrate that business formation activity remains substantial across the country. The national total increased approximately 8% compared with the 532,456 formations recorded in October 2025. Monthly activity saw a jump, with October formations increasing 4.5% compared to September.

Registered Agents Inc reported that 37 of the 51 tracked jurisdictions posted year-over-year growth in October, pointing to broad-based gains in business formation across the country. Looking beyond national totals offers a clearer picture of where entrepreneurial activity is taking hold and how growth varies by state.

Registered Agents Inc projects approximately 6.7 million business formations for 2026, compared with 5.9 million in 2025. The projection reflects the elevated pace recorded during the first ten months of the year, although final totals will depend on activity during the remaining months.

State-Level Differences Reveal Changing Formation Patterns

The October report highlights significant differences in business formation activity across the country. Florida led with 62,687 new formations, followed by Texas with 46,446 and California with 41,156. Delaware and Wyoming rounded out the top five, with 32,193 and 25,935 formations, respectively.

All three of the nation’s leading states posted year-over-year growth in October. Florida increased 6.6%, Texas gained 11.8% and California rose 2.2%. While these established markets continue to attract the largest share of new registrations, growth across other states reveals a broader shift in where entrepreneurial activity is gaining momentum.

Growth Gains Momentum Beyond the Largest Markets

Several states outside the traditional high-volume markets posted notable year-over-year gains in October. Colorado led with a 46.7% increase, followed by Kentucky at 38.7%, Louisiana at 34.9% and Missouri at 32.6%.

Some of these increases coincide with developments that may be creating a more favorable environment for business ownership. In Kentucky, for example, an individual income tax reduction from 4% to 3.5% took effect in January 2026, potentially offering additional financial flexibility to entrepreneurs and owners of pass-through businesses. The state also maintains tax incentives aimed at encouraging business investment and job creation.

Colorado’s growth comes amid continued investment in advanced industries, workforce development and rural business expansion. Meanwhile, Louisiana’s expanding industrial investment and new entrepreneurial support initiatives are creating opportunities for smaller businesses, contractors and service providers.

Missouri has also maintained strong formation activity, with a 32.6% year-over-year increase in October. State efforts to attract business investment, including new incentives for qualifying capital projects, add context to the state’s broader economic development landscape.

Although these developments do not establish a direct cause for increased business registrations, they illustrate how tax policy, investment and entrepreneurial resources can shape the environments in which new businesses emerge. Together, these state-level trends show that business formation growth is extending beyond the country’s largest markets.

Monthly Reporting Provides an Ongoing View of Entrepreneurship

Registered Agents Inc publishes its Business Formation Report on the second Tuesday of each month, covering formation activity from the preceding month. The report draws on filings from Secretaries of State and equivalent agencies across all 50 states and Washington, D.C.

The company cross-references its formation data with U.S. Census information. Its methodology counts newly formed legal entities when formation documents are filed, including single-member LLCs, holding companies and entities that may never hire employees.

This approach differs from datasets that focus on business applications associated with employer activity. The measures reflect different stages and definitions of business creation, so their totals should not be treated as directly interchangeable.

Monthly reporting allows readers to monitor changes over time and compare state-level formation activity across reporting periods. Consistent comparisons can help distinguish temporary movements from patterns that continue over several months.

The report is available to economists, journalists, policymakers, entrepreneurs and other stakeholders interested in current business formation trends. Historical reports also provide context for assessing whether recent changes represent a departure from earlier activity.

Supporting Business Formation and Long-Term Compliance

Registered Agents Inc provides complete identity services that help entrepreneurs establish and maintain legitimate business entities. Its offerings include business formation assistance, registered agent services, compliance support, professional websites, domain names, business addresses and phone numbers.

These services address administrative requirements that can arise when establishing a business and maintaining its legal standing. The company’s broader mission centers on making business ownership more accessible to entrepreneurs from different backgrounds. The Business Formation Report complements that focus by documenting where new entities are being established and how formation activity changes across the country.

As additional monthly data becomes available, continued monitoring will help clarify whether these patterns persist or shift. The Business Formation Report provides a recurring resource for understanding the geographic distribution of new business entities and examining regional changes in American entrepreneurship.

The full review is available at Better Business Advice website.

About Registered Agents Inc

Registered Agents Inc (RAI) is the largest registered agent service provider in the U.S. helping millions of entrepreneurs start and maintain their businesses every year nationwide. The company also offers complete identity services, including websites, domains, professional address and phone number, mail service and more. Because of its extensive internal database, RAI is able to deliver real-time trends and insights about the small business economy through its monthly formation report.

About Better Business Advice: Better Business Advice covers the news and strategies driving modern business success. The information provided by Better Business Advice does not, and is not intended to, constitute legal advice; instead, all information, content, and materials are for general informational purposes only. As an affiliate, Better Business Advice may earn commissions from services mentioned in the links provided.

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VKAISS 2026 Strengthens Vietnam and South Korea Cooperation in AI and Semiconductors

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HANOI, Vietnam, Nov. 13, 2026 /PRNewswire/ — The first Vietnam – Korea AI – Semiconductor Summit (VKAISS 2026) attracted more than 400 delegates representing over 50 semiconductor companies, research institutes, universities and local authorities from both countries, with the participation of leaders from Vietnam’s Ministry of Science and Technology, the Embassy of the Republic of Korea in Vietnam, Bac Ninh City, KAISA and FPT among others.

The event was held under the auspices of the Ministry of Science and Technology and jointly organized by the Department of Digital Technology and Artificial Intelligence, FPT Corporation, the Korea AI Semiconductor Fabless Industry Association (KAISA), and the VINASA Semiconductor Industry Development Committee (VSID).

The event featured two high-level sessions focusing on workforce development and Vietnam–South Korea cooperation policies in AI and semiconductors, alongside a series of keynote presentations and panel discussions.

The conference witnessed the signing of eight MOUs, nearly 100 business matchmaking sessions, and a technology exhibition featuring leading organizations from both countries, including FPT, HanelPT, VSAP Lab, Dnotitia, HyperAccel, ITDA Semiconductor and KAISA.

The eight MOUs covered three key areas: business and supply chain connectivity, technology development, and workforce training. Key partnerships included KAISA and the Bac Ninh Semiconductor Association to connect South Korean semiconductor companies with local businesses; FPT’s cooperation with HANA Micron, Supergate and EdgeAI in semiconductor packaging and testing; and FPT’s partnership with SKAIChips to explore AI and semiconductor applications. Educational cooperation was also established between FPT Polytechnic College, Soongsil University, EdgeAI and the Posts and Telecommunications Institute of Technology with the Institute of Semiconductor Engineers (ISE).

Speaking at the summit, Mr. Tran Trung Tinh, Deputy Minister of Science and Technology emphasized that Vietnam’s ambitions extend beyond attracting investment to mastering technologies and participating more deeply in global value chains. KAISA Chairman Kyungho Kim emphasized that combining Korea’s semiconductor technology and industrial capabilities with Vietnam’s skilled workforce and growing market could create strong synergies, and expressed his hope that VKAISS would develop into a sustainable platform for Korea–Vietnam cooperation in AI and semiconductors.

Senior Executive Vice President of FPT Corporation – Mr. Nguyen The Phuong stressed that the success of cooperation depends on translating agreements into concrete outcomes, including joint research, practical workforce training and commercially viable products. He also highlighted VKAISS 2026 has strengthened Vietnam–South Korea cooperation in technology development, capability building and integration into global semiconductor supply chains.

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SOURCE FPT Corporation

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Weixin Pay Enables Pix QR Code Payments for Chinese Travelers in Brazil

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Weixin Pay makes it easier for Chinese visitors to spend at local businesses during their travels in Brazil

GUANGZHOU, China, Nov. 13, 2026 /PRNewswire/ — Weixin Pay today announced that, through collaboration with local payment partners, Chinese travelers can now scan Pix QR codes via Weixin and pay at participating merchants in Brazil, just as they would when making everyday purchases at home.

For participating Brazilian merchants, the service makes it easier to serve Chinese tourists: they receive payments in Brazilian reais without any additional steps at checkout. Visitors pay in renminbi through Weixin Pay, allowing them to shop and dine locally without having to exchange cash in advance or handle change.

Launched by the Central Bank of Brazil in 2020, Pix is Brazil’s national instant payment system and operates around the clock, every day of the year. According to the central bank, more than 170 million individuals, equivalent to around 80% of Brazil’s population, have used Pix.

Pix is accepted by around 15 million merchants in Brazil, with QR codes commonly found in shopping malls, restaurants, neighborhood stores and beachside stalls.

The service complements Brazil’s efforts to welcome Chinese tourists, including visa-free entry for valid ordinary passport holders through December 31, 2026, for cumulative stays of up to 30 days without extension. A smoother payment experience can make travel more convenient for Chinese visitors and support the development of Brazil’s tourism sector.

About Weixin Pay 

Weixin Pay is a mobile payment solution within Weixin/WeChat app and one of the leading mobile payment methods in China. It is dedicated to providing users and businesses with secure, convenient and professional payment services. In China, Weixin Pay touches almost every aspect of everyday life, providing both online and offline services and giving users a highly efficient and intelligent payment experience. Currently, Weixin Pay’s cross-border payment service is also available in 86 countries and regions, supporting settlement in 39 currencies. It covers a wide range of scenarios including dining, retail, transportation, attraction, and tuition payments, empowering overseas merchants to better connect with the vast China market.

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SOURCE Weixin Pay

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