China has inaugurated the world's first operational underwater data center, located off the eastern coast of Xiaoyangshan in Shanghai's Lingang area. This innovative facility, powered by offshore wind energy, represents a significant step in sustainable computing infrastructure. With a total investment of 1.6 billion yuan, the data center boasts a planned capacity of 24 megawatts, with an initial phase featuring 2.3 megawatts of installed capacity. The center houses 2,000 servers, marking a new frontier in green computing. In financial developments, China's central bank reported that the balance of broad money (M2) reached RMB 35.304 trillion at the end of April, marking an 8.6% year-over-year increase. Additionally, the cumulative increase in social financing for the first four months of 2026 was RMB 15.45 trillion, a decrease of RMB 893 billion compared to the same period last year. These figures highlight ongoing shifts in China's financial landscape.