Beijing Post

Leading Robotics Producer Suspends Shanghai IPO Amid Increased Regulatory Scrutiny

A prominent manufacturer of robotics components has abruptly withdrawn its planned listing on the STAR Market, highlighting the difficult regulatory and liquidity environment currently facing hardware startups in China.

China Tightens Sentencing for Chemical Precursors to Enhance US Counter-Narcotics Cooperation

Judicial and public security authorities have introduced much stricter sentencing standards for crimes involving fentanyl and its chemical precursors as part of an effort to address bilateral friction points with Washington.

People's Bank of China Warns Against Currency Speculation as Offshore Yuan Rallies

China's central bank has issued a public warning against market speculation following a period of rapid yuan appreciation against the US dollar, even as regulators officially opened offshore trading platforms to overseas brokerages.

China Deploys 800 Billion Yuan Policy Fund to Stimulate Domestic Demand

The National Development and Reform Commission has launched a massive funding initiative using 800 billion yuan in new policy financial instruments alongside a long-term consumption strategy through 2030 to counter macroeconomic headwind...

Xi Jinping and Donald Trump Finalize Trade Truce Extension and AI Security Guardrails

Chinese and United States Presidents concluded a White House state visit by securing an eight-point consensus that extends the bilateral trade truce for two months and establishes a direct notification system for artificial intelligence ...

Gas Leak at BASF Shanghai Facility Disrupts Chemical Supply Chains

Operations at a critical wastewater treatment unit within the BASF complex in Shanghai have been suspended following a gas leak, raising concerns for the domestic supply chain as the facility produces roughly 10% of China’s toluene diiso...

Geely Unveils AI-Powered Charging System for Rapid Electric Vehicle Charging

Chinese automaker Geely has demonstrated a new charging architecture using the Xingrui PowerMind AI model, which coordinates battery and grid dynamics to achieve a 97% charge in less than nine minutes.

People’s Bank of China Warns Against Currency Speculation as Renminbi Rally Accelerates

The People’s Bank of China has set the central parity rate for the renminbi at 6.7489 against the US dollar, pledging to maintain a loose monetary policy while warning domestic financial institutions against speculative "herd behavior" d...

Beijing Proposes New Legislation to Standardize and Centralize Regulatory Reviews

The National People's Congress is weighing draft legislation designed to consolidate fragmented regulatory frameworks across state institutions, potentially giving central authorities the power to revoke unlawful or contradictory regulat...

China Approves Expansion of Offshore Renminbi Platform to International Brokerages

Financial regulators in Beijing have approved the expansion of the offshore renminbi trading platform to include international brokerages, a move intended to increase global liquidity and accelerate the internationalization of the Chines...

Beijing Announces Major Provincial Leadership Reshuffles in Anhui, Henan, and Fujian

The Communist Party of China has implemented sweeping personnel changes for provincial party secretaries in Anhui, Henan, and Fujian, repositioning regional administrators ahead of national policy shifts targeting local debt resolution a...

Tencent Reallocates Resources by Shutting Down Enterprise Assistant Application

Shenzhen-based technology giant Tencent is terminating its QClaw enterprise assistant as part of a broader restructuring to reallocate engineering talent and capital toward full-stack artificial intelligence integration.

China’s Youth Unemployment Hits Record High Amid Slowing Fiscal Revenue

New macroeconomic indicators show youth unemployment has breached previous historic highs, as the Ministry of Finance reports a simultaneous contraction in government spending and a significant slowdown in national fiscal revenue growth.

US and China Commit to Artificial Intelligence Guardrails During Washington Summit

President Xi Jinping and President Donald Trump have opened their bilateral summit in Washington with formal commitments to establish technical guardrails and strategic stability frameworks for AI deployment, marking a diplomatic effort ...

China’s Outbound Foreign Direct Investment Hits Record $214 Billion

New economic data shows China's outbound investment has reached a historic peak of $214 billion, driven by a strategic shift away from large-scale acquisitions toward greenfield manufacturing and the integration of localized supply chain...

Zhu Zhongming Appointed Acting Mayor of Shanghai

Zhu Zhongming has been appointed acting mayor of Shanghai, taking charge of the municipal government as China’s largest commercial centre seeks to support consumption, manage debt pressures and attract foreign investment.

China Plans Statistical Overhaul to Better Track Digital Economy and Employment

The National Bureau of Statistics has announced a five-year modernisation programme aimed at improving measurements covering economic output, youth employment and service consumption as China’s economy becomes more digitally focused.

China Names Officials in Crackdown on Hidden Local Government Debt

China’s anti-graft watchdog and Finance Ministry have publicised cases involving officials accused of mishandling or misreporting hidden local government debt as authorities tighten oversight of off-balance-sheet borrowing.

China to End Tax Breaks for Several Energy-Saving and New-Energy Vehicles in 2027

China will withdraw existing vehicle and vessel tax concessions for qualifying energy-saving vehicles and several categories of new-energy commercial vehicles from January 2027.

Beijing Launches Three-Year Push for AI Chips and Edge Computing

Beijing authorities have unveiled a three-year programme supporting inference-focused chips, lighter artificial intelligence models and edge computing as the capital expands domestic advanced-computing capabilities.

China Links Data Centre and AI Expansion to Renewable Energy Goals

A multi-agency plan requires China’s digital infrastructure expansion to incorporate measures including greater renewable-energy use, liquid cooling and lower-power chips as computing demand increases.

China’s Gold Imports Top 1,000 Tonnes in First Eight Months of 2026

China imported more than 1,000 tonnes of gold worth about US$158 billion in the first eight months of the year as demand for bullion increased amid volatility in domestic investment markets.

China Introduces New Cost Rules to Identify Low-Price Industrial Dumping

The National Development and Reform Commission and market regulators have introduced a unified cost-accounting methodology to help authorities determine when manufacturers are engaging in disorderly below-cost competition.

China Issues Financial Sector Roadmap Through 2030

Chinese authorities have outlined a financial-sector plan through 2030 focused on stronger regulation, risk management, improved monetary transmission and deeper domestic capital markets.

China Plans Price Law Revisions to Curb Destructive Low-Cost Competition

China’s market regulator plans to strengthen rules against malicious low-price competition as authorities seek to curb price wars that have pressured manufacturers and corporate profitability.

China’s Outbound Investment Reaches Record US$214 Billion

Chinese outbound direct investment reached about US$214 billion as companies increasingly favoured greenfield projects and supply-chain expansion abroad while cross-border mergers and acquisitions remained subdued.

China’s Industrial Output Rises 5.2% as Retail Sales Growth Slows to 0.4%

Chinese industrial production increased 5.2% year on year in August, supported by manufacturing and exports, while retail sales rose just 0.4%, highlighting continued weakness in household consumption.

Trump and Xi Extend U.S.-China Trade Truce by Two Months

U.S. President Donald Trump and Chinese President Xi Jinping agreed in Washington to extend their bilateral trade truce for two months, temporarily averting renewed tariff increases while also discussing artificial intelligence and inter...

People’s Bank of China Keeps Benchmark Lending Rates Unchanged

China’s central bank held the one-year loan prime rate at 3% and the over-five-year rate at 3.5% in September as policymakers sought to balance currency stability with domestic economic conditions.

China Expels Senior Generals Zhang Youxia and Liu Zhenli After Corruption Investigation

China expelled former Central Military Commission Vice Chairman Zhang Youxia and Joint Staff Chief Liu Zhenli from the Communist Party and military, with state media citing allegations of bribery and political disloyalty.

AMEC Unveils Six Semiconductor Manufacturing Systems as China Expands Domestic Chip Capacity

Chinese semiconductor equipment maker Advanced Micro-Fabrication Equipment introduced six new chipmaking systems as the domestic industry seeks to reduce its reliance on Western fabrication equipment subject to export restrictions.

Chinese AI Developers Face Scrutiny Over Alleged Routing of Queries to US Models

Chinese artificial intelligence companies are facing industry scrutiny over allegations that some domestic user queries were redirected to US-developed generative AI systems, highlighting technical and regulatory pressures facing the sec...

China Introduces Preliminary Anti-Dumping Measures on Japanese Chipmaking Chemicals

China imposed preliminary anti-dumping measures on specialised semiconductor chemicals imported from Japan, adding another source of tension to regional technology supply chains already affected by export restrictions.

Chinese Communist Party Reshuffles Senior Leadership in Anhui, Henan and Fujian

China’s Communist Party reassigned senior provincial officials in Anhui, Henan and Fujian, elevating experienced administrators ahead of upcoming regional party congresses.

China Cuts Reserve Ratio and Key Rate in Broad Economic Stimulus

The People’s Bank of China cut banks’ reserve requirement ratio by 0.5 percentage point and lowered the seven-day reverse repo rate to 1.5%, releasing about 1 trillion yuan in long-term liquidity as authorities seek to support the econom...

US Finalises Higher Tariffs on Chinese Electric Vehicles and Semiconductors

The United States finalised tariff increases covering strategic Chinese industries, including a 100% levy on electric vehicles and a 50% tariff on semiconductors, adding further pressure to technology and manufacturing trade between the ...

China Investigates PVH Over Alleged Discrimination Against Xinjiang Products

China’s Commerce Ministry opened an investigation into US apparel group PVH over allegations that it discriminated against products from Xinjiang, requiring the company to provide information as authorities consider action under the coun...

China Cuts Existing Mortgage Rates and Lowers Second-Home Down Payment Requirement

Chinese financial regulators moved to reduce interest rates on existing mortgages by about 0.5 percentage point and set the minimum down payment for second homes at 15%, measures intended to ease pressure on households and support the pr...

China Launches Intercontinental Ballistic Missile Into Pacific Ocean

China’s Rocket Force launched an intercontinental ballistic missile carrying a dummy warhead into the Pacific, with the Defence Ministry describing the unusual test as a routine training exercise not directed at any specific country.

Wang Yi Urges Germany to Oppose Protectionism as China-EU Trade Tensions Persist

Chinese Foreign Minister Wang Yi called on Germany to support free trade and dialogue with Beijing, warning against a China-EU trade war as disputes over market access and Chinese exports continue to strain commercial relations.

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

China consumed 1.03 trillion kilowatt-hours of electricity in August, up 1.7% from a year earlier, while peak load reached a record 1.56 billion kilowatts as industrial activity and summer heat drove power demand higher.

Beijing Launches 2026–2028 Plan to Improve Domestic AI Chip and Model Efficiency

Beijing authorities are backing inference-focused processors, model lightweighting and closer optimisation between chips and AI models as the capital seeks more efficient deployment of domestic artificial intelligence systems.

Huawei Expands Ascend AI Chip Ecosystem as Domestic Demand Outstrips Supply

Huawei is strengthening its Ascend accelerator platform and wider Chinese supply chain as demand for domestically produced AI computing equipment exceeds available capacity, increasing the technology’s role as an alternative to restricte...

China Plans Price Law Overhaul to Curb Destructive Low-Price Competition

China’s market regulator plans revisions to the national Price Law and tougher enforcement against malicious below-cost competition as authorities seek to contain damaging price wars across manufacturing and the platform economy.

SMIC Pushes Ahead With Five-Nanometre Production for China’s Domestic AI Supply Chain

Semiconductor Manufacturing International Corporation is advancing five-nanometre pilot production aimed at supplying processors for Chinese technology groups including Huawei and Alibaba, supporting Beijing’s drive to reduce dependence ...