XI’AN, China, July 3, 2026 /PRNewswire/ — Under the theme “Digital Convergence Revitalizes the Silk Road, Smart Innovation Shapes the West’s Future,” the 7th Western Digital Economy Expo (WDEE Expo) has successfully concluded in the ancient capital of Xi’an on June 28.

The expo brought together delegations from Singapore, South Korea, Thailand, Cambodia, and other countries, as well as government and enterprise representatives from over 30 Chinese cities and 119 leading digital economy companies. The event facilitated the signing of 34 key projects, marking a new record in the expo’s history.

This year’s WDEE Expo has introduced the “Digital Economy Enterprise Going Global” exchange event for the first time, demonstrating that Xi’an has moved beyond the traditional role of facilitating industrial transfer and is actively exporting digital capabilities. The event released the “Silk Road Cross-Border Data Flow and Operations White Paper” providing practical guidance for standardized digital trade among Belt and Road partner countries. In addition, the signing of “GEO Industry Standard Self-Regulatory Convention” further consolidated the foundation for the compliant development of cross-border digital businesses.

As a key hub for the digital economy in western China, Xi’an is accelerating the construction of an open and shared digital ecosystem. In 2025, core digital economy industries above the designated size reached 129 billion yuan (9.28% of GDP).

Infrastructure has been reinforced through five new‑infrastructure initiatives covering networks, cloud, computing, data, and security, to support government‑enterprise collaboration and public services.

Xi’an drives digital growth through scenario‑based openness, releasing 303 application requirements across smart tourism, XR, new energy, and more. The city has built technology centers for open-source chip, AI algorithms, and industrial software, forging industrial chain clusters from R&D to large‑scale deployment.

In Xi’an, a robust enterprise ecosystem has been established through echelon building, white‑list institutional arrangements, and innovation funds, attracting industry leaders like Huawei and JD.com while nurturing specialized SMEs, creating a balanced environment where enterprises of all sizes thrive together.

As Xi’an advances its vision of becoming a hub for digital technology innovation, a launchpad for next-generation digital products and applications, and a thriving ecosystem for the integrated growth of digital enterprises, the city warmly invites partners from across the global big data, cloud computing, and artificial intelligence value chains to join as its “City Partners.”

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SOURCE Xi’an Municipal Government

BEIJING, July 3, 2026 /PRNewswire/ — On July 3, iQIYI, China’s leading online entertainment platform, announces that its original hit comedic variety show “The King of Stand-Up Comedy” returns for its third season. The new season will be available simultaneously on iQIYI and iQIYI International, bringing the latest chapter of the platform’s comedy franchise to a global audience.

Carrying forward the series’ core spirit of “from nobody to somebody,” the new season gathers a diverse lineup of stand-up comedians and manzai duos from various comedy clubs across China. Welcoming back old friends alongside fresh talent, the season gives performers a broader stage to share authentic stories rooted in everyday life, showcasing a wide range of comedic perspectives.

A Franchise with Proven Cultural Pull

Now entering its third year, “The King of Stand-Up Comedy” has established itself as one of China’s most influential comedy franchises and a signature title in iQIYI’s summer lineup. The first season‘s iQIYI popularity index broke 9,400, propelling the show to the top of iQIYI’s 2024 variety popularity index and dominating variety show rankings across several prominent third-party data platforms.

Season 2, which premiered in July 2025, sustained that momentum, generating over 5,100 trending topics and topping the third-party platform Enlightent’s August 2025 “Dominating Screen Chart of Variety Shows,” making it the only comedy program to earn that distinction that year.

The series’ appeal goes beyond ratings and popularity. In Season 2, one comedian’s routine about airline uniform policies prompted policy reviews at several Chinese carriers, a demonstration of how the show’s humor connects to broader public conversations.

From Hit Shows to Lasting Franchises

“The King of Stand-Up Comedy” is a testament to iQIYI’s ongoing efforts to develop long-running seasonal IPs. Alongside established franchises such as “The Rap of China,” which brought hip-hop culture into the mainstream in China, and “The Blooming Journey,” a travel-themed reality show anchored in female-centric storytelling, iQIYI has built a portfolio of standout seasonal IPs that speak to the full breadth of consumer tastes.  

With Season 3 of “The King of Stand-Up Comedy,” iQIYI continues to deepen that portfolio, reinforcing its position as China’s leading destination for original content that resonates season after season.

Contact: iQIYI Press, press@qiyi.com

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SOURCE iQIYI Inc.

NEW DELHI, July 3, 2026 /PRNewswire/ — Mach Travel Solutions Limited (BSE: MACHLTD), a publicly listed technology-enabled travel solutions company, will voluntarily publish its quarterly financial results commencing from Q1 FY27, despite being listed on the BSE SME Platform, where publication of financial results on a half-yearly basis is the prescribed regulatory requirement.

The decision reflects the Company’s commitment to enhanced corporate governance, greater transparency and proactive engagement with its shareholders, investors and the broader investment community. This initiative is aligned with the Company’s philosophy of adopting governance practices that go beyond the minimum regulatory requirements wherever they contribute to greater transparency and long-term shareholder value.

As Mach Travel Solutions continues to transform into a diversified travel solutions platform, the Company believes that more frequent financial disclosures will provide stakeholders with better visibility into its operational and financial performance. Over the past three months, the Company has significantly expanded its presence across Corporate Travel, MICE, B2B, Leisure and Government & Institutional Projects, while continuing to strengthen its technology capabilities and progress towards the launch of its B2C Online Travel Agency (OTA) platform.

Commenting on the decision, Mr. Amit Bhatia, Chairman & Managing Director, Mach Travel Solutions Limited, said:

“At Mach Travel Solutions, we believe that transparency and timely communication are fundamental to building lasting investor confidence. While companies listed on the BSE SME Platform are required to publish financial results on a half-yearly basis, we have voluntarily decided to publish our financial results every quarter beginning with Q1 FY27.

As our business continues to evolve from a specialist MICE company into a technology-enabled travel solutions company with multiple growth engines, we believe more frequent financial disclosures will enable our shareholders and the investment community to better understand our progress and the execution of our long-term strategy.”

About Mach Travel Solutions Limited

Mach Travel Solutions Limited (formerly Mach Conferences & Events Ltd.) is a publicly listed technology-enabled travel solutions company listed on the Bombay Stock Exchange (BSE: MACHLTD). Incorporated in 2004, the Company provides technology-enabled end-to-end travel solutions across Corporate Travel, MICE, B2B, Leisure and Government & Institutional Projects. The Company is also developing a B2C Online Travel Agency (OTA) platform as part of its strategy to build a comprehensive travel ecosystem.

The Company has a strong pan-India presence with offices in Noida, New Delhi, Kolkata, Mumbai, Bengaluru and Bhubaneswar, and is accredited by and associated with leading national and international travel associations, including IATA, PATA, IATO, ADTOI, OTOAI, SKÅL International, JATA, ICPB, EGAC and NIMA. For more information, please visit: https://www.machtravelsolutions.com 

Contact Details

Mach Travel Solutions Limited
Ms. Yashashvi Srivastava
Company Secretary & Compliance Officer
Email: compliance@machtravel.com
Website: https://www.machtravelsolutions.com 

Safe Harbour

This release contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Mach Travel’s future business developments and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, several risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance. Mach Travel Solutions undertakes no obligation to publicly revise any forward-looking statements to reflect future/likely events or circumstances. 

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