Beijing Post

China Targets AI, Robotics and Advanced Manufacturing in Next Five-Year Plan

Chinese leaders are preparing a new five-year policy framework that prioritizes artificial intelligence in manufacturing alongside increased state investment in robotics and advanced hardware.

China’s Central Bank Governor Blames Protectionism for Global Economic Imbalances

The governor of the People’s Bank of China told a Group of Twenty meeting that rising protectionism is worsening global economic imbalances and rejected claims that Chinese industrial overcapacity is disrupting international supply chains.

Hong Kong Hosts Greater Bay Area Summit on Green Technology and Digital Services

Hong Kong Chief Executive John Lee and mainland officials have outlined plans to combine Hong Kong’s financial strengths with Shenzhen’s manufacturing base to expand green technology and digital services.

Xi Says China Ready to Help Safeguard Gulf Shipping Routes During Egypt Visit

Chinese President Xi Jinping used a state visit to Cairo to propose a new regional security framework and signed multibillion-dollar agreements covering data centers, semiconductors and clean energy in the Suez Canal Economic Zone.

China Orders Disciplinary Action for Officials Who Miss Carbon Targets

China’s State Council has introduced rules allowing formal disciplinary measures against local officials and state-owned enterprise leaders who fail to meet carbon-peaking and carbon-neutrality objectives.

China Rolls Out Nationwide Cross-Border Cash Pooling for Multinational Companies

The People’s Bank of China and foreign exchange authorities have expanded cross-border cash pooling nationwide, allowing multinational companies to centrally manage domestic and overseas funds in two currencies.

China’s Summer Tourism Shift Reflects Growing Demand for Lower-Cost Domestic Travel

Chinese travellers are increasingly favouring budget-conscious, small-group and county-level trips as weaker-than-expected summer tourism data points to more cautious household spending.

China Deepens Diplomatic Engagement With Pacific Island Nations at Palau Forum

Chinese special envoy Qian Bo used the Pacific Islands Forum in Koror to promote closer strategic ties with regional governments as Beijing continues expanding its diplomatic and economic presence across the Pacific.

China’s Caixin Manufacturing PMI Rises to 51.5 as Export Orders Strengthen

The Caixin manufacturing index climbed to 51.5 in August, remaining in expansion territory for a ninth consecutive month as new export orders grew at their fastest pace in six months despite continuing weakness in the domestic economy.

China’s $10.8 Billion Pinglu Canal Nears Opening After Successful Trial Navigation

Trial vessels have passed through the locks of the Pinglu Canal in Guangxi, bringing the $10.8 billion waterway closer to operation and opening a faster maritime route for inland Chinese manufacturers trading with Southeast Asia.

China’s Three Largest State Airlines Post 8.2 Billion Yuan First-Half Loss

China’s three major state-owned carriers reported combined losses of 8.2 billion yuan despite higher revenue, as fuel costs, weak pricing power and competition from the country’s expanding high-speed rail network weighed on profitability.

Hungary Halts Operations at CATL Battery Plant Over Workplace Safety Concerns

Hungarian environmental and labour authorities ordered Contemporary Amperex Technology to suspend operations at its new battery facility while safety deficiencies linked to a nickel exposure incident are addressed.

Tencent-Backed Enflame Seeks $9 Billion Valuation in AI Chip IPO

Chinese semiconductor designer Enflame plans to raise about $911 million in a public listing that would value the company at roughly $9 billion as domestic demand grows for alternatives to restricted foreign artificial intelligence proce...

Huawei Profit Falls Sharply as Research and Development Spending Surges

Huawei reported profit of 23.4 billion yuan despite revenue growth of nearly 10%, with higher material costs and heavy investment in semiconductor and artificial intelligence technologies weighing on earnings.

Beijing Orders Automakers to Curb Price Wars and Strengthen Overseas Compliance

Three national regulators told Chinese vehicle manufacturers to avoid destabilising price swings and tighten compliance with labour, data and intellectual property rules as they expand into foreign markets.

Chinese State Research Institutions Build Global Lead in AI Inference Patents

Chinese universities and government-affiliated laboratories filed more than 5,300 patents related to artificial intelligence inference and accelerators over the past five years, strengthening China’s position in advanced computing research.

China’s Solar Capacity Overtakes Coal as Country’s Largest Power Source

Installed solar capacity has surpassed coal to become China’s largest single source of electricity generation capacity, marking a major energy transition milestone even as the renewable sector struggles with overcapacity and intense pric...

China Overhauls Property Financing by Withholding Mortgages Until Projects Are Completed

Chinese regulators will withhold mortgages for presold homes until construction is finished, dismantling a core part of the traditional pre-sale model while extending maximum personal mortgage terms from 30 to 40 years to support afforda...

People’s Bank of China Sets Five-Year Plan to Expand Global Use of the Renminbi

China’s central bank outlined a 2026-2030 strategy to increase use of the renminbi in international trade and finance, strengthen the Cross-Border Interbank Payment System and expand offshore renminbi markets while tightening financial r...

China Expands Amphibious and Space-Based Military Capabilities for Potential Taiwan Operations

The People’s Liberation Army is accelerating development of Type 076 amphibious assault ships, landing vessels and low-Earth orbit satellite networks designed to support communications and navigation during high-intensity military operat...

China Rejects Vietnam’s Protest Over New Construction in Disputed Paracel Islands

Beijing rejected Vietnamese objections to new infrastructure activity in the Paracel Islands and reiterated its sovereignty claims as tensions persist over competing territorial interests in the South China Sea.

Galactic Energy Completes PALLAS-1 Reusable Rocket Test Flight

Chinese commercial launch company Galactic Energy successfully tested its PALLAS-1 reusable rocket, advancing efforts to develop lower-cost launch technology for satellite deployments.

Chinese Scientists Identify Genes Enabling Asian-African Rice Crossbreeding

Researchers identified three genes linked to reproductive barriers between Asian and African rice varieties, opening a potential path to new crossbreeding methods aimed at improving crop yields and resilience.

China Expands QDII Quotas to Increase Access to Overseas Investments

China’s foreign-exchange regulator has increased Qualified Domestic Institutional Investor allocations to expand the supply of regulated offshore investment products and channel cross-border capital through approved institutions.

AMEC Launches Six New Chip-Making Machines as China Pushes Semiconductor Self-Reliance

Advanced Micro-Fabrication Equipment has introduced six semiconductor manufacturing machines as Chinese suppliers accelerate development of domestic equipment amid tighter Western export controls.

BYD Reports $1.2 Billion Quarterly Profit Amid Intense Chinese Auto Price Competition

BYD posted a quarterly profit of $1.2 billion as the automaker adjusts its product mix toward hybrid models to protect margins amid domestic price competition and rising overseas tariff barriers.

China’s Solar Capacity Reaches 31.5% of Installed Power, Driving Grid Investment

Solar generation capacity now accounts for 31.5% of China’s installed power capacity, increasing pressure for investment in electricity grids and energy storage to accommodate intermittent renewable generation.

China’s Caixin Manufacturing PMI Slows to 50.9 as Domestic Demand Weakens

China’s Caixin manufacturing purchasing managers’ index fell from 51.7 to 50.9, signaling slower factory expansion as subdued domestic demand continues to weigh on the industrial recovery.

China Fast-Tracks Brain-Computer Interface Approvals to Support Domestic Neurotechnology Firms

Chinese regulators have accelerated approvals for locally developed brain-computer interface products as domestic startups seek to expand in the emerging neurotechnology market.