Beijing Post

Beijing Launches Three-Year Plan to Expand Edge Computing and AI Infrastructure

Beijing’s municipal government has introduced a policy program through 2028 focused on inference chips, lighter AI models and domestic intelligent-computing infrastructure as the city seeks to expand artificial intelligence deployment an...

China Targets 3.5 Trillion Yuan Pharmaceutical Industry by 2030

Beijing has outlined a five-year plan aimed at expanding China’s pharmaceutical sector to 3.5 trillion yuan by 2030, with policymakers targeting annual growth of more than 20% for innovative drugs and stronger global competitiveness amon...

Huawei Says Ascend Chips Have Overtaken Nvidia in China and Could Lead AI Training by 2027

Huawei Deputy Chairman Eric Xu Zhijun said use of the company’s Ascend processors has surpassed Nvidia in the Chinese market and projected that domestic hardware will become the main platform for AI model training in China by 2027.

Chinese Researchers Explore 3-Nanometer Chip Production With Older Lithography Equipment

Researchers at the Chinese Academy of Sciences have demonstrated an approach to producing 3-nanometer semiconductors using older lithography systems, potentially offering China another route to advance chip manufacturing despite restrict...

Shanghai Hosts 48th WorldSkills Competition to Promote Advanced Technical Training

Shanghai has opened the 48th WorldSkills Competition, bringing together young vocational competitors from around the world as China seeks to strengthen technical skills for advanced manufacturing and industrial automation.

Hong Kong Establishes Joint Cybersecurity Laboratory to Address Artificial Intelligence Threats

Hong Kong authorities and Cyberport are developing a joint cybersecurity capability focused on detecting artificial intelligence-enabled attacks and other emerging threats to critical digital networks.

Geely Founder Li Shufu Expands Professional Management Model at Automotive Group

Geely founder Li Shufu is moving further toward professional management rather than family succession as the Chinese automotive group strengthens institutional governance for its expanding international business.

Chinese AI Company Z.AI Opens Coding Tool After Data Privacy Backlash

Z.AI released the source code for its ZCode programming framework after scrutiny over the software’s handling of user workspaces, highlighting growing attention to data privacy and transparency in China’s artificial intelligence sector.

China’s Top 500 Private Companies Report Combined Revenue of 44.93 Trillion Yuan

The All-China Federation of Industry and Commerce said operating revenue among the country’s 500 largest private enterprises increased 4.35% to 44.93 trillion yuan, with JD.com and Alibaba retaining leading positions.

China’s Largest Cities Record Sixth Month of Rising Pre-Owned Home Prices

Secondary-market housing prices in Beijing, Shanghai, Shenzhen and Guangzhou increased for a sixth consecutive month in August, signalling some stabilisation in major urban markets despite continued weakness across China’s broader proper...

CXMT Begins Mass Production of Fifth-Generation DRAM Platform

Chinese memory-chip maker Changxin Memory Technologies has started mass production of its G5 DRAM platform, using quadruple-patterning technology to achieve an 11.95-nanometre active-area half-pitch and narrow the gap with leading global...

Evergrande Electric Vehicle Unit Abandons Car Production as Financial Crisis Deepens

China Evergrande New Energy Vehicle Group has halted automobile production and shifted toward battery trading and technical services, with the heavily indebted company employing only seven people as its financial difficulties continue.

Airbus Delivers First Aircraft From Second A320 Assembly Line in Tianjin

Airbus has delivered the first A320-family aircraft built on its second final assembly line in Tianjin, expanding its Chinese manufacturing footprint as the company works toward higher global production rates.

XPeng Plans G9L Electric SUV Rollout Across More Than 60 Overseas Markets

Chinese electric vehicle maker XPeng plans to introduce its new G9L sport utility vehicle in more than 60 international markets by year-end as the company expands overseas amid intense competition at home.

United States and China Hold High-Level Economic Talks Ahead of Trump-Xi Summit

United States Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng held talks in New York covering trade and artificial intelligence risks as Washington and Beijing prepared for an upcoming meeting between Presidents Donal...

People’s Bank of China Pledges Further Financial Opening as Lending Rates Stay at Record Lows

People’s Bank of China Governor Pan Gongsheng told major foreign financial institutions that China will continue expanding market access and improving cross-border payment services as policymakers seek to attract international capital an...

China Proposes New Restrictions on AI Companions and Online Services for Minors

Chinese cyberspace authorities have proposed rules barring virtual companion services for minors and requiring stronger protections for younger users accessing artificial intelligence and other online services.

China Reports Sharp Growth in AI Chip and Smart Vehicle Manufacturing Revenue

Chinese tax data show sales revenue from artificial intelligence-related integrated circuit manufacturing rose nearly 68% in the first eight months of 2026, while intelligent vehicle equipment manufacturing increased 39%.

China Sentences Two Former IPO Review Officials for Bribery

Two former members of China’s securities regulator’s initial public offering review system have received prison sentences for bribery, extending Beijing’s anti-corruption campaign into capital-market oversight.

Airbus Delivers First A320 From Second Tianjin Assembly Line

Airbus has delivered the first aircraft assembled on its expanded Tianjin production line, increasing manufacturing capacity in China as the European aerospace group responds to long-term aviation demand.

Beijing Launches 2026-2028 Plan to Expand AI Models, Chips and Computing Capacity

Beijing authorities have introduced a three-year programme supporting advanced artificial intelligence models, inference-focused chips and greater computing capacity as the capital seeks to deepen its technology industry.

China’s August Electricity Consumption Tops One Trillion Kilowatt-Hours

National electricity use reached about 1.03 trillion kilowatt-hours in August while peak load hit a record 1.56 billion kilowatts, supported by industrial and high-technology demand.

People’s Bank of China Keeps Benchmark Lending Rates Unchanged

China kept its one-year loan prime rate at 3.0% and the five-year rate at 3.5% in September, maintaining its current lending benchmarks as policymakers balance economic weakness with currency and financial stability concerns.

China’s CXMT Begins Mass Production of Fifth-Generation DRAM

ChangXin Memory Technologies has started mass production of its fifth-generation DRAM platform using an 11.95-nanometre active-area half-pitch and quadruple-patterning technology, advancing China’s push to expand domestic memory-chip pro...

Xi Jinping to Make State Visit to United States for Talks With Donald Trump

Chinese President Xi Jinping will visit the United States from September 23 to 25 at President Donald Trump’s invitation, with the trip putting trade and artificial intelligence among the issues in focus for Washington and Beijing.

China-ASEAN Expo Launches Artificial Intelligence Marketplace in Nanning

The 23rd China-ASEAN Expo has introduced an artificial intelligence marketplace intended to connect Chinese technology providers with commercial and institutional users across Southeast Asia.

Former Liaoning Political Adviser Dai Yulin Placed Under Anti-Corruption Investigation

Dai Yulin, a former senior political adviser in Liaoning province, is under investigation for suspected serious violations of discipline and law, according to China’s Central Commission for Discipline Inspection.

Ant International Deploys AI Agents Across Cross-Border Financial Operations

Ant International has introduced artificial intelligence agents designed to automate parts of global treasury and financial operations as Chinese fintech companies increase their use of autonomous systems in digital payments.

Guangzhou Schools Cut Contract Teachers as Student Enrolment Declines

Public schools in Guangzhou are reducing contract teaching positions as lower birth rates translate into falling enrolment, bringing the effects of China’s demographic contraction into one of its largest cities.

China’s Green Technology Exports Continue Rising Despite Trade Barriers

Chinese exports of electric vehicles, batteries and other clean-energy technologies continue to grow despite higher tariffs and trade friction, reflecting sustained overseas demand for the country’s manufacturing capacity.

Hong Kong Expands Cash, Tax and Housing Incentives to Encourage Larger Families

Chief Executive John Lee has announced higher newborn bonuses and tax allowances for second and subsequent children alongside housing measures intended to encourage more births in Hong Kong.

ByteDance Profit Reportedly Falls to $20 Billion as Artificial Intelligence Spending Surges

ByteDance’s first-half net profit reportedly declined to about $20 billion as the TikTok and Douyin owner sharply increased spending on artificial intelligence infrastructure and computing capacity.

China’s Fiscal Revenue Growth Slows as Government Spending Contracts

New fiscal data show weaker revenue growth alongside a contraction in government expenditure, adding pressure to local authorities already dealing with constrained finances and softer land-sale income.

Evergrande’s Electric Vehicle Unit Ends Car Production as Delisting Looms

China Evergrande New Energy Vehicle Group has ceased automotive manufacturing as the troubled subsidiary approaches possible delisting, ending the property group’s attempt to build a major electric vehicle business.

Alibaba Open-Sources Medical AI Model for Cancer and Other Conditions

Alibaba’s DAMO Academy has released an open-source artificial intelligence model designed to detect cancers and nearly 150 abdominal conditions, with research based on almost 40,000 real-world clinical examinations.

China Targets 3.5 Trillion Yuan Pharmaceutical Industry by 2030

A new five-year plan calls for revenue at major Chinese pharmaceutical companies to exceed 3.5 trillion yuan by 2030, while the innovative-drug sector is targeted to grow by more than 20% annually.

Huawei Accelerates Ascend 960 Artificial Intelligence Chip Roadmap

Huawei is bringing forward its next-generation Ascend 960 artificial intelligence processors and developing new supernode architecture as it expands domestic computing capacity and competes with foreign chip suppliers.

Chinese Yuan Strengthens Past 6.7 Per Dollar to Three-Year High

China’s onshore and offshore yuan have strengthened beyond 6.7 against the US dollar, reaching their highest levels in three years as changing global monetary conditions and capital flows reshape the currency outlook.

Chinese Researchers Outline Route to 3-Nanometre Chips Using Legacy Lithography

Chinese Academy of Sciences researchers have demonstrated a potential pathway for producing advanced 3-nanometre semiconductors with older deep-ultraviolet lithography equipment, although large-scale manufacturing remains distant.

China’s Youth Unemployment Reaches Record Under Current Measure

Official data show joblessness among young Chinese workers at a record level under the current statistical measure, highlighting continued difficulty matching graduates with jobs as the economy shifts toward technology-intensive industries.

China Completes Six Orbital Launches in Six Days as Commercial Space Activity Accelerates

China recorded six successful orbital launches in less than a week, including a Kinetica-1 mission carrying nine satellites for applications including artificial-intelligence computing and space-to-ground laser communications.

China Targets 3.5 Trillion Yuan Pharmaceutical and Biotechnology Industry by 2030

Beijing has unveiled a five-year plan aimed at expanding China’s pharmaceutical and biotechnology sector to 3.5 trillion yuan by 2030, with policy support focused on faster growth in domestically developed innovative medicines.

China Drafts Plan to Consolidate Local Government Levies Into Single Surtax

China’s State Council is preparing legislation that would allow provincial governments to merge multiple local levies into a single surtax of between 11% and 13% as authorities seek more stable revenue following the decline in land-sale ...

China Tightens Oversight of Overseas Investments by Individual Residents

Revised overseas investment rules would require Chinese resident investors to obtain formal approval or state filing notices before deploying capital abroad, expanding government oversight of private offshore investment.