Beijing Post

Chinese Auto-Parts Makers Expand Direct Online Sales to Overseas Consumers

Chinese automotive component manufacturers are increasingly using cross-border e-commerce platforms to sell directly to overseas consumers, bypassing traditional international distributors.

Beijing Targets Creation of 10,000 Artificial Intelligence Startups by 2028

Beijing authorities have unveiled incentives including tax support, subsidized computing capacity and faster regulatory approvals as the city seeks to incubate 10,000 artificial intelligence startups by 2028.

China to Issue 300 Billion Yuan in Special Bonds to Recapitalize State Financial Institutions

China’s Finance Ministry will issue 300 billion yuan in special treasury bonds to strengthen the core capital of major state financial institutions and banks, supporting their balance sheets and lending capacity.

China’s Central Bank Injects 500 Billion Yuan to Maintain Financial-System Liquidity

The People’s Bank of China carried out a 500 billion yuan reverse-repurchase operation to keep banking-system liquidity ample ahead of policy-loan maturities and the autumn industrial and property sales season.

China Orders AI Integration Across Traditional Industries Including Silk, Tea and Porcelain

The Ministry of Industry and Information Technology has issued guidelines encouraging artificial intelligence, algorithmic design and smart manufacturing across traditional sectors including silk, tea and porcelain.

China and Qatar Expand Investment Cooperation Beyond Energy

Chinese Premier Li Qiang and Qatar’s prime minister agreed in Beijing to broaden bilateral investment beyond liquefied natural gas into technology, digital infrastructure and advanced manufacturing.

CATL Expects New-Energy Vehicles to Reach Half of China’s Heavy-Truck Market by 2028

Battery manufacturer CATL expects electric and hydrogen-powered trucks to account for half of China’s domestic heavy-truck market within two years as battery costs fall and emissions requirements tighten.

China Says Local Government Hidden Debt Has Fallen 50% Since 2024

Chinese regulators say off-balance-sheet local government borrowing has been cut by half through a debt-swap program replacing higher-risk financing with more transparent provincial bonds.

China Directs Local Governments to Shift Housing Market Toward Completed-Home Sales

Chinese authorities have instructed local governments to prioritize sales of completed homes over presales, with tighter controls on buyer deposits and mortgage funds aimed at reducing risks tied to unfinished projects.

China Expands Domestic Iron Ore Recovery to Reduce Import Dependence

Chinese metallurgical companies are increasing extraction from low-grade ore and industrial tailings as Beijing seeks to reduce reliance on iron ore imports from Australia and Brazil.

Chinese Robotics Firms Scale Production of Quadruped Inspection Systems

Companies including Unitree and Yuejia Dynamics are expanding manufacturing capacity in cities such as Chengdu and Shenzhen, targeting annual production of tens of thousands of autonomous robots for infrastructure inspection.

China Rejects US Criticism of Technology Partnerships in the Caribbean

The Chinese Embassy in Trinidad and Tobago has rejected US objections to Beijing’s growing telecommunications and digital infrastructure investments across Latin America and the Caribbean.

Beijing Land Auctions Show Weaker Developer Confidence After Pre-Sale Rule Changes

Property developers showed greater caution in recent Beijing land auctions as tighter regulations on pre-sales of unfinished homes add to ongoing liquidity and confidence pressures in the real estate sector.

Hong Kong Regulator Raids Huatai Securities Over Suspicious Options Trading

Hong Kong’s Securities and Futures Commission has carried out an enforcement action at Huatai Securities’ local office as part of an investigation into irregular US options trading.

Sugon Unveils 64-Thread Mobile Workstation Built on Domestic Processor Architecture

Chinese hardware manufacturer Sugon has introduced what it says is the world’s first 64-thread mobile workstation powered entirely by a domestically produced processor, advancing China’s effort to replace foreign chips in enterprise syst...

PLA Advances Testing of High-Altitude Unmanned Stealth Aircraft

Satellite imagery from the Malan test facility in Xinjiang indicates that China’s military is testing a large unmanned flying-wing aircraft designed for long-range surveillance and strike missions.

China Proposes Tighter Rules for Insurers and Private Investment Funds

Financial regulators have drafted new rules strengthening shareholder oversight at insurance companies and tightening capital requirements for private funds as authorities seek to reduce speculative financial risks.

DeepSeek Builds Massive Huawei Ascend AI Cluster in Inner Mongolia

Chinese artificial intelligence developer DeepSeek is constructing a gigawatt-scale inference center using 160,000 Huawei Ascend processors, underscoring Beijing’s push to expand domestic computing infrastructure for large language models.

Chinese Shipbuilders Win 82.5% of Global New Vessel Orders

China’s shipbuilding industry secured 82.5% of new international vessel orders in the first half of the year, extending its dominance across both conventional commercial ships and more advanced liquefied natural gas carriers.

Xi Jinping and Vladimir Putin Reaffirm China-Russia Energy Cooperation

Chinese and Russian leaders have pledged deeper cooperation on fossil-fuel supply chains and clean-energy infrastructure, reinforcing Russia’s role as a major energy supplier to China amid global market volatility.

China Moves to Curb Solar Industry Price War as Overcapacity Deepens

Chinese industrial regulators are intervening in the domestic solar manufacturing sector to stabilize pricing and encourage consolidation after excess capacity pushed profit margins sharply lower.

China Says Hidden Local Government Debt Has Fallen 50% Since 2024

China’s Ministry of Finance says off-balance-sheet liabilities held by local governments have been cut in half over two years as Beijing continues efforts to reduce financial risks linked to municipal borrowing.

Qatari Prime Minister to Visit Beijing for High-Level Talks

Qatar’s prime minister is scheduled to hold talks in Beijing focused on energy security, infrastructure investment and wider strategic cooperation between China and the Gulf state.

Chinese Cloud Providers Step Up AI Infrastructure Spending

China’s largest cloud companies are accelerating investment in artificial intelligence infrastructure, with Tencent opening its enterprise AI platform to more than 100 third-party hardware and software developers.

Chinese Auto-Parts Makers Expand Direct Online Sales to Global Consumers

Chinese automotive component suppliers are increasingly using cross-border e-commerce platforms to sell directly into international aftermarket markets, reducing reliance on traditional export intermediaries and targeting higher-margin p...

China and Singapore Begin Joint Maritime Military Exercises

The People’s Liberation Army and Singapore Armed Forces have launched joint naval exercises as Beijing continues to expand defence cooperation and maritime engagement with Southeast Asian partners.

Zhipu AI Revenue Surges 400% as It Expands Models for Chinese-Made Chips

Chinese large-language-model developer Zhipu AI has reported a 400% increase in revenue, driven by application programming interface services, while launching new generative models designed to run entirely on domestically produced semico...

China Plans Earth-Moon Communications Network and Mars Sample Mission to Search for Life

China’s space agency is advancing plans for an international communications constellation spanning Earth and the Moon, while the Tianwen-3 mission will seek to return Martian samples for analysis of possible signs of extraterrestrial life.

Chinese AI Startup Manus Drops Planned Meta Acquisition and Remains Independent

The proposed acquisition of Chinese artificial intelligence company Manus by Meta Platforms has collapsed amid regulatory barriers, highlighting growing restrictions on cross-border technology investment.

More Than 40 Dead and 500 Missing After Mudslide Hits Tibet Border Port

More than 2,500 rescue personnel have been deployed to China’s Tibet Autonomous Region after catastrophic mudslides struck a key border port, killing more than 40 people, leaving 500 missing and severely disrupting local infrastructure.

China’s Major State-Owned Banks Plan Equity Placements to Strengthen Capital

Leading Chinese state-owned banks have announced coordinated plans to raise core capital through domestic equity markets as regulators seek to reinforce the financial system against economic pressures.

Hong Kong IPO Fundraising Jumps 153% in First Eight Months of the Year

Hong Kong recorded a 153% increase in initial public offering fundraising during the first eight months of the year, supported by stronger market liquidity and deeper financial links with Belt and Road partner economies.

XPeng Raises $900 Million for Robotics Unit at $6.3 Billion Valuation

Chinese electric-vehicle maker XPeng has secured $900 million from investors including IDG Capital, Tencent and Alibaba for its robotics and embodied artificial intelligence business, valuing the division at $6.3 billion.

China’s Tianyu Telescope Begins Scientific Observation After First-Light Tests

The domestically developed Tianyu telescope has entered its scientific observation phase after completing calibration and capturing more than one million stars during initial testing.

China Targets 22,000 Specialized Technology Enterprises by 2030

The Ministry of Industry and Information Technology has issued a 2026-2030 plan to expand the number of specialized technology companies while targeting annual research and development spending growth of 8%.

China Rewrites Stock Refinancing Rules to Draw More Long-Term Institutional Capital

Securities regulators have drafted new refinancing guidelines aimed at attracting pension funds, insurance companies and bank wealth-management products into private placements and encouraging longer-term participation in the A-share mar...

Huawei Prepares New Kirin Processor and Tri-Fold Smartphone Launch

Huawei is preparing to unveil its Mate 90 series, with industry sources indicating that the devices will use a next-generation Kirin processor designed to deliver performance comparable with advanced semiconductor nodes.

China Launches International Earth-Moon Satellite Constellation Program

China’s space agency has begun a multinational project to develop a continuous observation and communications network between Earth and the Moon to support future lunar research missions.

Momenta Moves Toward Mass Production of Level 3 Autonomous Driving Systems

Chinese autonomous-driving company Momenta is preparing to mass-produce Level 3 driving technology under a subscription model as competition intensifies in the country’s intelligent vehicle market.

China Proposes Insurance Law Overhaul to Strengthen Shareholder Oversight

Draft changes to China’s insurance law would expand regulators’ powers to trace illicit capital, intervene in troubled institutions and address problematic ownership structures in the financial sector.

Chinese EV Makers Accelerate Exports as Domestic Demand Slows

BYD exported nearly 190,000 vehicles in August while Geely’s overseas shipments rose 205%, highlighting a growing push by Chinese automakers to expand abroad as competition intensifies at home.

DeepSeek Reportedly Orders 160,000 Huawei AI Chips

Chinese artificial intelligence developer DeepSeek has reportedly ordered 160,000 Huawei processors instead of Nvidia alternatives, reinforcing efforts to build a more domestically supplied AI computing infrastructure.

China Says Hidden Local Government Debt Has Fallen 50% Since 2024

Chinese financial authorities say off-balance-sheet local government debt has been cut by half over two years as Beijing tightens controls on new borrowing and continues efforts to contain fiscal risks.

Hong Kong IPO Fundraising Jumps 153% as Mainland Listings Recover

Fundraising through Hong Kong initial public offerings rose 153% in the first eight months of the year, led by renewed technology and consumer listings from mainland China.

China Expands Technology Lending Quota to 1.2 Trillion Yuan

The People’s Bank of China has increased its dedicated technology lending facility to 1.2 trillion yuan, directing more financing toward high-tech manufacturing, industrial upgrading and private-sector research.