Beijing Post

China’s Central Bank Maintains Moderately Loose Monetary Policy to Support Technology and Private Firms

The People’s Bank of China has pledged to maintain ample liquidity in the second half of the year while encouraging financial institutions to support technology innovation bonds and strengthen credit mechanisms for small and medium-sized...

China Begins Weekly Arctic Freight Services to Europe Along the Ice Silk Road

Chinese state-owned logistics companies have begun regular weekly commercial freight operations through the Arctic Ocean to Europe, opening a polar shipping route that reduces reliance on the Strait of Malacca and other Indo-Pacific mari...

China’s Luxury Home Sales Rise 38% as Broader Property Market Remains Under Pressure

Sales of ultra-premium homes priced between 30 million and 50 million yuan rose 38% in the first half of the year, highlighting a sharp divide between China’s luxury property market and the broader housing sector’s continuing weakness.

China Expands Electricity Spot Trading as Wind and Solar Capacity Drives Price Volatility

The rapid expansion of wind and solar power is pushing China’s electricity system toward broader real-time spot trading as grid operators contend with greater fluctuations in supply, prices and balancing costs for industrial users.

Meta Abandons $2 Billion Acquisition of Chinese AI Startup Manus After Regulatory Intervention

Meta Platforms has dropped its planned multibillion-dollar acquisition of the Chinese-founded artificial intelligence startup Manus following regulatory intervention by Beijing, highlighting growing restrictions on cross-border deals inv...

China’s Renewed Anti-Gang Campaign Raises Private Sector Concerns Over Enforcement

China’s latest campaign against criminal syndicates and online extortion has prompted legal experts to warn that arbitrary enforcement targets and improper seizures of corporate assets could further weaken confidence among private busine...

China Tests One-Megawatt Perovskite Solar Farm With Higher Efficiency Than Silicon Panels

Chinese researchers have demonstrated a one-megawatt perovskite solar installation that outperformed traditional silicon panels in industrial-scale testing, providing a boost to efforts to commercialize the next generation of solar techn...

DJI Wins New Judicial Review Opportunity in U.S. Defense Department Blacklist Case

Shenzhen-based drone maker DJI has secured a new opportunity to challenge its inclusion on the United States Defense Department’s investment blacklist, potentially affecting the company’s access to restricted American supply chains and f...

Southern Chinese Cities Offer Incentives to Retain Artificial Intelligence Talent

Municipal governments in Guangdong are introducing financial and operational incentives to retain artificial intelligence engineers and founders after high-profile departures from leading startups raised concerns over talent moving to co...

Zhipu AI Launches New Foundation Model for Cybersecurity and Autonomous Agents

Chinese artificial intelligence developer Zhipu has introduced a new foundation model designed for cybersecurity applications and autonomous digital agents, as Beijing pushes for more standardized and domestically aligned approaches to A...

Former Chinese Premier Zhu Rongji Dies at 98, Marking the Passing of a Reform-Era Leader

Former Chinese Premier Zhu Rongji, a key figure in China’s economic reforms and its accession to the World Trade Organization, has died at 98 and will be cremated in Beijing following a state funeral, prompting reflection within China’s ...

Chinese Electric Vehicle Sales Fall at Home as Overseas Shipments Jump 148%

China’s electric vehicle market is showing a widening split between weaker domestic sales over the first seven months and a 148% surge in overseas shipments, intensifying international concerns over Chinese manufacturing capacity and tra...

Yangtze Memory Enters Global Top Three Flash Memory Suppliers With 14% Market Share

Yangtze Memory Technologies Corporation has reached an estimated 14% share of the global flash-memory market, placing the Chinese chipmaker among the world’s top three suppliers despite United States export controls and underscoring the ...

China’s C919 Jet Program Faces Supply Bottlenecks as Domestic Airline Demand Rises

Commercial Aircraft Corporation of China is struggling to keep pace with growing domestic orders for its C919 narrow-body passenger jet, with aviation executives pointing to supply-chain constraints that extend beyond long-standing diffi...

China Tightens Immigration and Border Controls Under New Regulations Taking Effect in September

China will introduce stricter immigration and border-control rules in September under a State Council decree signed by Premier Li Qiang, giving authorities greater scrutiny over entry and exit applications and expanded powers to reject t...

China’s AI Adoption in Large Manufacturers Surpasses 30 Percent as State Council Pushes Industrial Deployment

More than 30 percent of designated large manufacturing enterprises in China are now using advanced artificial intelligence, according to official data. State Council guidelines for the Artificial Intelligence Plus initiative call for bro...

China Tightens Exit, Entry and Immigration Consulting Rules Under New State Council Decree

State Council Decree Number 841 will take effect in September 2026, introducing stricter requirements for cross-border travel and immigration services. The rules include enhanced verification of foreign visas, formal compliance obligatio...

China’s Coastal Export Hubs Pull Further Ahead of Inland Provinces as AI and Green Technology Demand Grows

Economic indicators show a widening divide between coastal manufacturing centers benefiting from global demand for artificial intelligence components and green technologies and traditional inland regions facing weak domestic demand and l...

SMIC Considers Unplanned Capacity Expansion as AI Chip Demand Pushes Utilization to 93.7 Percent

Semiconductor Manufacturing International Corporation reported second-quarter factory utilization of 93.7 percent and is considering additional production equipment at existing facilities. The company also warned of potential price incre...

China Reports Record July Contraction in Bank Lending as Regulators Shut Hundreds of Rural Lenders

New bank lending in China contracted sharply in July as weak demand from companies and households continued to weigh on borrowing. At the same time, financial regulators have eliminated more than 700 legal-entity financial institutions, ...

China’s Central Bank Unveils First Stand-Alone Five-Year Financial Plan for 2026-2030

The People’s Bank of China has released its first stand-alone five-year plan, setting out measures to expand international use of the renminbi, strengthen macro-prudential regulation and upgrade financial infrastructure including the dig...

Xi Jinping Calls for AI and Satellite Technology to Strengthen China’s Disaster Prevention

President Xi Jinping has called for greater use of artificial intelligence and satellite remote sensing to improve China’s flood-control and disaster-prevention systems. In an essay published by Qiushi, Xi said global warming is increasi...

Former Chinese Premier Zhu Rongji Dies at 98

Former Chinese Premier Zhu Rongji, a leading figure in China’s economic reform era, has died at the age of 98, the Communist Party of China Central Committee and the State Council announced. Zhu was credited with guiding China through th...

Chinese AI Startup Manus Buys Back Meta Stake as Tencent Emerges as Lead Investor

Manus has secured a two-billion-dollar valuation in a buyback of equity from Meta after Chinese regulators ordered the unwinding of the American technology company’s acquisition, with Tencent emerging as the startup’s leading backer.

China Directs Flying Vehicle Industry to Develop Freight Applications Before Passenger Services

Chinese aviation regulators have told electric vertical takeoff and landing manufacturers to establish viable cargo businesses before pursuing more complex urban passenger operations, reflecting a cautious approach to commercializing fly...

Alibaba Opens Qwen Artificial Intelligence Platform to Third-Party Consumer Developers

Alibaba is allowing outside developers to integrate its Qwen artificial intelligence agents into smartphones, personal computers and smart devices as the company seeks to expand the technology’s consumer reach.

Ecuador President Daniel Noboa Plans State Visit to China

President Daniel Noboa is scheduled to visit Beijing in a move aimed at strengthening political trust and economic cooperation between Ecuador and China, including broader trade and infrastructure ties.

Chinese and Egyptian Air Forces to Hold Joint Military Exercises

China and Egypt are preparing bilateral air force exercises that will expand defense cooperation between Beijing and Cairo and extend China’s military engagement across the Middle East and North Africa.

China Rejects Philippine and Australian Protests Over South China Sea Operations

China’s Defense Ministry has defended recent coast guard operations near Ren’ai Jiao as restrained responses to Philippine vessels, rejecting diplomatic criticism from Manila and Canberra over activities in the disputed maritime area.

Former Chinese Premier Zhu Rongji Dies at Ninety-Eight

Zhu Rongji, a key architect of China’s economic reforms who oversaw major state-owned enterprise restructuring and China’s entry into the World Trade Organization, has died at the age of 98.

Chinese Chipmaker Yangtze Memory Rises to Third in Global NAND Flash Shipments

Yangtze Memory Technologies overtook Kioxia to become the world’s third-largest NAND flash supplier in the second quarter, benefiting from strong artificial intelligence demand and tight industry capacity despite United States export con...

China’s Central Bank Sets Five-Year Plan to Deepen Financial Reform and Renminbi Internationalization

The People’s Bank of China has unveiled a 2026-to-2030 framework to expand cross-border payments, develop offshore renminbi markets and strengthen Shanghai and Hong Kong as international financial centers while containing financial risks.

China’s New Energy Vehicles Surpass Sixty Percent of Domestic Auto Sales

Electric and plug-in hybrid vehicles accounted for more than six in ten new vehicle sales in China in July, marking a historic threshold in the country’s shift away from conventional internal combustion engines.

Beijing Expands World Humanoid Robot Games as China Pushes Embodied AI

The second World Humanoid Robot Games in Beijing will feature more than 2,000 robots from 16 countries across 51 technical categories, quadrupling the scale of last year’s inaugural event as China expands its focus on commercializing hum...

China Extends Anti-Dumping Duties on Indian Optical Fiber for Five Years

China’s Ministry of Commerce will extend anti-dumping duties on single-mode optical fiber imported from India for another five years from August 14, following a review requested by domestic manufacturers and as the country expands next-g...

Standard Chartered-Backed HKDAP Becomes Hong Kong’s First Regulated Stablecoin

A joint venture led by Standard Chartered has launched HKDAP, described as Hong Kong’s first regulated stablecoin, for corporate clients and professional investors as the city develops its digital-asset market amid competition and restri...

China Drafts New 2030 Air Quality Plan With Tighter Regional Pollution Controls

China’s Ministry of Ecology and Environment is preparing a nationwide action plan targeting average fine particulate matter concentrations below 27 micrograms per cubic meter by 2030, with stricter controls planned for major industrial r...

Huawei Holds 20% Weekly Smartphone Share in China Despite Market Contraction

Huawei maintained about 20 percent of China’s weekly smartphone market during the first half of 2026 even as overall domestic sales fell 8.6 percent year on year, reinforcing the company’s position as competition intensifies with Apple a...

Hong Kong Excludes Proprietary Traders From Planned Corporate Tax Break

Hong Kong financial authorities have confirmed that proprietary trading firms will not qualify for a planned corporate tax exemption designed to strengthen the city’s capital markets, limiting the scope of the measure as Hong Kong compet...

China’s Central Bank Signals Greater Focus on Short-Term Rates and Targeted Technology Lending

The People’s Bank of China plans to diversify loan-pricing benchmarks and refine its short-term interest-rate framework to improve monetary policy transmission, while continued strong lending to technology, green energy and digital econo...

China’s New Energy Vehicles Reach Record 65.1% Retail Market Share

China’s new energy vehicles captured a record 65.1 percent of retail car sales in July as battery-electric sales rose 6 percent while internal combustion engine vehicle sales plunged 44 percent year on year, widening the shift toward ele...

Huawei Leads China’s Push Toward Domestic Artificial Intelligence Chip Supply

China’s high-end artificial intelligence processor market is projected to become nearly 90 percent domestically supplied by the end of the year, with Huawei expected to lead local producers as export controls and rising demand accelerate...

China Aligns Administrative Rules With New Ecological and Environmental Code

Premier Li Qiang has approved revisions to 12 administrative regulations and the repeal of three others ahead of the Ecological and Environmental Code taking effect on August 15, strengthening alignment with national pollution controls a...

Senior ICBC Retail Banking Executive Disappears Amid Expanding Corruption Investigation

Zhang Hangyu, a senior retail banking executive at Industrial and Commercial Bank of China, has disappeared amid an expanding graft investigation, adding to recent regulatory and disciplinary actions involving personal banking operations...

China’s Kimi Launches AI-Focused Credit Card With Agricultural Bank of China and American Express

The July launch links credit-card spending and rewards to Kimi memberships and AI computing benefits, although some claims about conversational banking functions go beyond what the companies’ official materials currently confirm.