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Delhi High Court closes all proceedings against Delhi Health Minister Satyendar Jain under amended benami law_我的网站
A | New Delhi, Oct 10 (UNI) Delhi High Court has passed an order to close all proceedings against Delhi Health Minister Satyendar Jain under the Benami Transaction (Prohibition) Amendment Act as per the judgment of Supreme Court on Benami law.
Justice Yashwant Varma after hearing a number of petitions filed by Jain and others against the initiation of proceedings under the Benami Transactions (Prohibition) Amendment Act, 2016 passed an order that in view of judgment passed by Supreme Court the writ petitions are allowed and the proceedings initiated under the enactment shall consequently closed.
Delhi High Court on last date of hearing passed an order that no coercive action shall be taken against Delhi's Health Minister Satyendar Jain and other petitioners under the Benami Transactions (Prohibition) Amendment Act, 2016.
The Supreme of India has held in a case that Benami Transactions (Prohibition) Amendment Act, 2016 did not have retrospective application and the authorities cannot initiate or continue confiscation proceedings for transactions entered into prior to the coming into force of the legislation.
Counsel for Jain had filed a petition in 2017 against the proceedings initiated against him under the new Benami law by submitting that the Benami proceedings against him were in the nature of political persecution.
Counsel further submitted that the alleged Benami transactions, from the proceeds of which certain attached assets were claimed to have been purchased, took place between 2011 to March 31, 2016 so the amendment which came into effect in November 2016 would not apply.
UNI XC SHK2234。
A Xinjiang local resident dances with a robot at the temporary exhibition hall at the region's first robotics 9S center on July 31, 2026. Photo: courtesy of the Xinjiang Future Era Information Technology Co, the operator of the project
China's market landscape experienced a structural optimization in the first half of 2026, powered by a lineup of emerging and future-oriented industries.
Official data from the State Administration for Market Regulation (SAMR) shows 561,000 new enterprises were registered across China's strategic emerging and future industries, spanning next-generation information technology, high-end equipment manufacturing, generative artificial intelligence (AI) and humanoid robotics.
The rapid expansion of these new market players is revamping China's industrial layout and fast-tracking the cultivation of new quality productive forces, underpinning steady high-quality economic upgrading, experts said.
Cutting-edge technology sectors stood out as the brightest growth spots, posting explosive year-on-year expansion. The generative AI industry recorded a 28 percent surge in new start-ups with 55,000 newly established firms, while the humanoid robot sector saw a 9.5 percent rise, adding 116,000 new enterprises.
"It shows that China's innovation momentum is exceptionally strong and remarkably broad-based — a trait that is virtually unique in the global landscape," Chen Jing, a vice president of the Technology and Strategy Research Institute, told the Global Times on Sunday. "The explosive growth of new enterprises in AI and robotics reflects the extraordinary depth and diversity of China's industrial ecosystem."
Outside high‑tech sectors, 3.957 million new services‑sector enterprises were established and booming emerging‑consumption businesses injected fresh impetus into domestic demand, the SAMR said.
The number of new firms in software and telecommunications services rose 3.3 percent to 322,000. Inspection‑and‑testing businesses soared 43.9 percent, and entities dedicated to the commercialization of scientific‑research achievements climbed 6.8 percent to 459,000.
Manufacturers accelerated industrial upgrading with companies moving up the value‑chain ladder, the SAMR said.
High‑end equipment industries have maintained growth during the first half, with 28,000 newly registered firms and a year‑on‑year increase of 2.5 percent.
A total of 330,000 high‑tech‑manufacturing enterprises were operating as of the end of June, including 15,000 newly established ones. Start‑ups engaged in the production of spacecraft and launch vehicles rocketed 185.7 percent. New producers of fiber optic cables climbed 129.4 percent and integrated‑circuit businesses increased by 24.2 percent.
"We are witnessing a dual-engine growth model, where new consumption in the services sector and high-tech services reinforce each other, while the digital and real economies integrate at an accelerating pace. At the same time, the intelligent transformation of manufacturing is picking up speed," Chen said.
The dividends from this industrial transformation are generating a powerful multiplier effect, creating a virtuous cycle led by innovation, Chen noted.
"The first‑half growth and structural shifts among China's market‑based businesses mirrored the country's overall economic momentum and industrial makeup. New‑emerging sectors, core strategic pillar industries and forward‑looking future industries registered the fastest business expansion," Tian Yun, a veteran economist, told the Global Times on Sunday.
These solid achievements fully reflect the success of China's innovation-driven economic strategy.
Strong policy support for specialized, sophisticated, unique and innovative enterprises has fueled this industrial boom while these market players have helped China shore up, upgrade and extend its industrial chains, Tian noted.
This business boom lines up with this year's stellar foreign trade figures, Tian noted.
China's exports rose 23.9 percent year-on-year in dollar terms in July, data from the General Administration of Customs showed on Friday.
Exports of high-tech products, including industrial robots and 3D printers, surged by more than 50 percent year-on-year, outpacing the 39 percent growth recorded in the first half of the year, according to the Xinhua News Agency.
The growing pool of high‑quality market players signaled lasting improvements in China's global competitiveness, industrial upgrading capacity and the standard of goods and services. Broader product ranges, better‑made commodities and improved supporting services will deliver durable new‑growth momentum, Tian noted.
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