Beijing Post

China Approves Major Renewable Energy Expansion Across Western Provinces

The National Energy Administration has finalized its latest renewable energy plan, authorizing large-scale solar and hydrogen projects in western China to accelerate the country's transition toward domestically generated clean energy.

China Implements New Mineral Resources Rules to Strengthen Strategic Supply Chains

The State Council has put new regulations under the revised Mineral Resources Law into effect, tightening oversight of mineral extraction, reserves management, and environmental restoration while strengthening control over strategic reso...

XPeng Debuts New SUV Simultaneously in China and Germany

XPeng launched its L03 compact sport utility vehicle in Munich at the same time as its domestic release, underscoring the company's push into overseas markets as intense price competition squeezes profit margins in China.

China Awards First National Level Three Certifications for Autonomous AI Devices

Regulators granted the country's first Level Three artificial intelligence certifications to 66 smart devices from 17 technology companies, establishing a unified national framework for more advanced AI hardware operating directly on edg...

People's Bank of China Steps Up Monetary Easing with Fresh Liquidity Injection and Lower Deposit Rates

The People's Bank of China injected 200 billion yuan through a rare second medium-term lending facility operation in July, while the country's five largest state-owned banks cut deposit rates below two percent after broader benchmark red...

Chinese Regulators Encourage Market-Led Mergers to Revitalize A-Share Market

Securities regulators are promoting market-driven mergers and acquisitions to improve capital allocation and accelerate corporate restructuring, signaling a greater role for consolidation in maintaining the health of China's domestic equ...

China and Russia Complete First Joint Submarine Operations During Pacific Naval Exercises

Chinese and Russian naval forces concluded Joint Sea-2026 exercises near Qingdao with the first coordinated deployment of Chinese Type 039B and Russian Kilo-class submarines, highlighting closer military cooperation and expanded operatio...

Collapse in Land Sales Drives Chinese Local Governments to Tighten Tax Collection

China's fiscal revenue strengthened in June despite a 65 percent decline in residential land sales from peak levels, as local governments stepped up corporate tax collection and sought alternative revenue sources to offset weaker propert...

People's Bank of China Directs More Than 760 Billion Yuan to Private Sector Lending

The central bank said it provided more than 760 billion yuan in targeted funding during the first half of the year, aiming to channel low-cost credit through financial institutions to private manufacturing and technology companies.

Huawei Unveils Atlas 950 AI Supernode at Shanghai Conference

Huawei introduced its Atlas 950 SuperPoD at the World Artificial Intelligence Conference, combining 1,024 AI chips into a single computing platform as China intensifies investment in large-scale artificial intelligence infrastructure.

China Ends Tax Exemption for Electric Vehicle Lithium-Ion Batteries

Beijing will phase out the consumption tax exemption for lithium-ion batteries used in electric vehicles, seeking to balance fiscal revenue while signaling a shift in industrial support toward next-generation battery technologies.

SMIC Launches $5.8 Billion Acquisition to Consolidate China's Semiconductor Industry

Semiconductor Manufacturing International Corporation is acquiring domestic chip assets in a state-backed transaction worth $5.8 billion, marking the start of a broader effort to consolidate China's foundry sector and strengthen domestic...

Shenzhen Launches 10 Billion Yuan Fund to Expand Semiconductor and Advanced Technology Industries

Shenzhen has established a 10 billion yuan industrial investment fund to support semiconductor manufacturing, advanced robotics and core electronic components. The initiative is intended to strengthen research, development and production...

High-Tech Manufacturing Outpaces Broader Industrial Growth in China

The National Bureau of Statistics said value-added output from high-tech manufacturing rose 13.3 percent in the first half of the year, well above overall industrial growth. The sector contributed more than 40 percent of China's economic...

Shanghai World AI Conference Showcases Artificial Intelligence Governance and Rapid Industry Growth

The 2026 World AI Conference concluded in Shanghai after bringing together international participants to discuss open-source artificial intelligence governance. Chinese data authorities also reported that nationwide daily AI token usage ...

Chinese Manufacturers Report Advances in Key Electronic Materials

Major domestic electronic component producers, including Fenghua Advanced Technology, announced progress in multilayer ceramic capacitor technology and the localization of critical raw materials. The developments are expected to reduce r...

China Promotes Regional Economic Cooperation at ASEAN Foreign Ministers' Meeting

Foreign Minister Wang Yi attended regional meetings in Manila, where discussions focused on expanding trade links, strengthening supply chain resilience and deepening cooperation between China and ASEAN members. The talks highlighted Bei...

China Welcomes Papua New Guinea's Decision to Close Taipei Economic Office

China's Foreign Ministry welcomed Papua New Guinea's decision to close the Taipei Economic Office, saying the move reflects adherence to the one-China principle. The statement was made during a regular ministry press briefing.

China's Green Technology Exports Climb 51.6 Percent in First Half

Official customs figures showed exports of electric vehicles, lithium-ion batteries and solar cells increased 51.6 percent year on year during the first half of 2026. Electric vehicle exports alone exceeded one million units in June, hig...

China Reports 4.7 Percent First-Half Economic Growth as High-Tech Manufacturing Offsets Property Weakness

China's economy expanded 4.7 percent year on year in the first half of 2026, according to the National Bureau of Statistics. Resilient high-tech manufacturing and strong foreign trade helped sustain growth despite continued weakness in t...

People's Bank of China Maintains Accommodative Monetary Policy to Support Industrial Upgrading

The People's Bank of China said it will keep monetary policy appropriately accommodative following a quarterly policy meeting. The central bank said it will use counter-cyclical measures to reduce financing costs while directing more cre...

China's Chip Production Jumps 23 Percent as Semiconductor Capacity Expands

National Bureau of Statistics data showed integrated circuit output rose 23 percent in the first six months of the year to nearly 280 billion units. The increase reflects continued expansion of domestic semiconductor manufacturing capaci...

China Accelerates Digital Infrastructure Integration Across Manufacturing Supply Chains

The Ministry of Industry and Information Technology and other agencies are expanding the deployment of fifth-generation mobile networks, industrial internet platforms, and secure cloud computing facilities to improve supply chain resilie...

Yangtze River Delta Industrial Parks Report Faster Growth in Advanced Manufacturing

Economic planners across eastern China said high-tech manufacturing output continued to rise in the first half of the year as factories expanded the use of industrial robots, advanced lithium-ion battery production, and digital factory m...

China Unveils Broad Plan to Modernize the Domestic Service Sector

The Ministry of Commerce and nine other government departments have issued new measures to improve professional standards, expand commercial insurance coverage, and encourage the growth of large branded service providers to strengthen do...

Chinese Vaccine Makers Shift Toward Adult Immunizations and Overseas Markets

Domestic vaccine producers are expanding into adult vaccination programs and export markets after the number of doses administered in China fell below four hundred million for the first time in more than a decade amid demographic changes.

Key Trends to Watch

Infrastructure investment is shifting from network expansion to modernization and efficiency improvements.

Global Aircraft Manufacturers Forecast Strong Long-Term Demand from Chinese Airlines

Leading aerospace companies expect Chinese carriers to account for around one-fifth of global aircraft demand over the next two decades, intensifying competition among international manufacturers for aircraft sales and long-term service ...

Shanghai Stock Exchange Speeds Up Listings for Semiconductor and Hard-Tech Companies

The Shanghai Stock Exchange is accelerating initial public offering reviews for semiconductor and silicon photonics companies on its Science and Technology Innovation Board, using capital markets to support domestic innovation and critic...

Authorities Move to Stabilize Chinese Equity Markets Through Coordinated Share Buybacks

A broad wave of share repurchases by listed companies, mutual funds, private asset managers, and state-backed investors has helped steady mainland equity markets, while regulators introduced additional measures to reduce volatility in ar...

Shanghai Overtakes Beijing as China's Leading Hub for Artificial Intelligence Talent

Industry assessments indicate that AI professionals are increasingly relocating to Shanghai and the Yangtze River Delta as China's technology sector shifts from software development toward industrial robotics and embodied artificial inte...

China Reports Four Point Seven Percent First-Half Economic Growth Driven by High-Tech Manufacturing

Official data from the National Bureau of Statistics showed the economy expanded 4.7 percent in the first half of the year, supported by strong growth in high-tech manufacturing, green energy production, and resilient trade activity as i...

Shenzhen Launches Ten Billion Yuan Fund to Back Semiconductor and Advanced Technology Startups

The Shenzhen municipal government has established a dedicated investment fund to provide equity financing for chip designers, advanced manufacturers, and core technology innovators, reinforcing the city's role as a major high-tech and se...

Ministry of Transport Shifts Infrastructure Strategy Toward Upgrading China's Existing Transport Network

China's Ministry of Transport said the Fifteenth Five-Year Plan will prioritize technological and structural upgrades across the country's six-million-kilometer transport network rather than large-scale new construction, aiming to improv...

Chinese Banks Expand Credit Support for High-Tech Manufacturing

Commercial banks increased targeted financing for advanced manufacturing, green energy projects, and digital transformation initiatives, aligning lending with national industrial development priorities.

China Accelerates Industrial Automation and Humanoid Robot Development

Official manufacturing data showed double-digit growth in industrial robot production alongside the commercial launch of more than 400 humanoid robot models, reflecting faster adoption of advanced automation across the manufacturing sector.

Technology Stocks Fuel Surge in Mainland China Equity Trading

Trading turnover on the Shanghai and Shenzhen stock exchanges nearly doubled from a year earlier in the first half of 2026, with investors concentrating on artificial intelligence chips, optical modules, and semiconductor-related shares.

High-Tech and Equipment Exports Drive China's Manufacturing Expansion

Official data showed export delivery values for equipment manufacturing rose 18.2 percent in the first half of 2026, supported by strong overseas demand for integrated circuits, industrial robots, electric vehicles, and lithium-ion batte...

China Unveils New Artificial Intelligence Software Initiative to Accelerate Industrial Upgrading

The Ministry of Industry and Information Technology announced plans for an "Artificial Intelligence Plus Software" action plan to expand the use of large language models in industrial software, strengthen domestic open-source ecosystems,...

China's Housing Market Shows Further Signs of Stabilization

National Bureau of Statistics data showed the pace of annual declines in residential property prices continued to ease in June, while the number of cities recording monthly new home price increases reached its highest level since May 202...

China Tightens Oversight of Outbound Investment Under New State Council Regulations

New State Council rules governing outbound direct investment have taken effect, establishing a unified regulatory framework that incorporates national security reviews, export controls, and lifecycle compliance requirements for overseas ...

China Achieves First Controlled Seaborne Recovery of Long March Rocket Stage

Chinese aerospace engineers completed the first controlled net-capture recovery of a Long March reusable carrier rocket's first stage at sea after launch from the Hainan commercial spaceport, marking a significant milestone in reusable l...

People's Bank of China Holds Benchmark Lending Rates Steady for Fourteenth Straight Month

The People's Bank of China left the one-year loan prime rate unchanged at 3.00 percent and the five-year rate at 3.50 percent, maintaining a cautious monetary policy stance as policymakers balance slower economic growth with structural a...

China Reports Stronger Industrial Growth as Officials Flag Weak Domestic Demand

China's Ministry of Industry and Information Technology said value-added output from large industrial enterprises grew 5.4 percent year on year in the first half of 2026, led by equipment manufacturing and high-tech industries, while ack...

China's Photovoltaic Industry Faces Heavy Losses Amid Persistent Overcapacity

Listed solar manufacturers forecast combined interim losses exceeding 10 billion yuan as prolonged overcapacity and aggressive price competition continue to weigh on profitability across the photovoltaic supply chain.