[SMM Shanghai Xi KuaiBao] A small number of downstream enterprises stock up before the festival, Shanghai and tin spot transaction atmosphere is general.

In April, the Cloud Computing and Digitalization Research Institute of the China Academy of Information and Communications Technology (CAICT) officially released the *Research Report on Intelligent Computing Power Services*, based on continuous research and extensive surveys. The report, grounded in the trends of large-scale AI application and computing power servitization, systematically reviewed the development background, conceptual connotations, system architecture, key technologies, typical scenarios, market size, industry chain landscape, and future trends of intelligent computing power services. For the first time, it constructed a three-layer system architecture for intelligent computing power services, proposed three core service forms—intelligent computing power resource services, intelligent computing power interconnection services, and intelligent computing power application services—and estimated that China's intelligent computing power services market size exceeded 130 billion yuan in 2025.

The Chongqing Municipal People's Government issued a notice on the "Chongqing Action Plan for Promoting the Development and Capacity Enhancement of the Chengdu-Chongqing Twin-City Economic Circle (2026–2030)." The notice stated that efforts should be made to promote the mutual empowerment of artificial intelligence and "Digital Chengdu-Chongqing," explore the coordinated linkage of key elements such as computing power, data, application scenarios, and policy ecosystems between Sichuan and Chongqing, and support AI technology R&D, application, and industrialisation in the Chengdu-Chongqing region. By 2030, the intelligent computing power of the Chengdu-Chongqing computing hub period will reach 100,000 PFLOPS, the city will have built more than 10 AI industry application pilot testing bases, and will have cultivated 20 vertical large models and 5 major projects with national influence, with daily average token invocations leading in western China.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 30 Apr , 2026