Beijing Post

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.

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.

China’s Investment Slump Deepens as Property Weakness and Youth Unemployment Rise

China’s fixed-asset investment fell 7.2% in the first eight months of the year as real estate development dropped nearly 20%, while August retail sales grew just 0.4% and youth unemployment reached a record high.

People’s Bank of China Holds Benchmark Lending Rates Steady for 16th Month

China’s central bank kept the one-year Loan Prime Rate at 3% and the five-year rate at 3.5%, maintaining borrowing costs as pressure on bank margins and the interest-rate gap with the United States limit room for further easing.

China Threatens Countermeasures Over New US Secondary Sanctions on Russian Energy Buyers

China’s Commerce Ministry opposed new US legislation authorising tariffs on third countries that import Russian energy and said Beijing would take measures to protect Chinese companies from what it described as extraterritorial interfere...

PBOC Adviser Warns AI Could Worsen China’s Supply-Demand Imbalance

People’s Bank of China adviser Huang Yiping warned that rapid artificial intelligence adoption could increase industrial output faster than domestic demand, complicating efforts to rebalance an economy still constrained by weak household...

China Guides Yuan Stronger Ahead of Xi-Trump Trade Talks

The People’s Bank of China set its daily yuan reference rate at 6.7670 per U.S. dollar during its longest run of stronger fixings since late 2025, signaling an effort to limit currency volatility before high-level talks with Washington.

China Places Artificial Intelligence Under National Cybersecurity Legal Oversight

Chinese officials said artificial intelligence is now subject to national cybersecurity laws, regulatory guidelines and ethical standards as Beijing seeks to manage emerging digital risks while continuing to support technological develop...

China Rejects EU Push for Voluntary Limits on Hybrid Vehicle Exports

China’s Ministry of Commerce rejected proposed voluntary restrictions on hybrid vehicle exports to the European Union, arguing that such measures would violate World Trade Organization rules and calling for the dispute to be resolved thr...

Chinese Delegation Joins Opening of Aichi-Nagoya Asian Games

China has sent one of the largest national delegations to the 20th Asian Games in Japan, where more than 11,000 athletes from 45 countries are competing in a major regional sporting and cultural event.

China A-Share Investors Turn More Cautious Despite Corporate Profit Recovery

A third-quarter survey by Cheung Kong Graduate School of Business found investors lowering expected returns and showing less willingness to increase stock holdings even as listed-company profits returned to year-on-year growth.

Hefei Manufacturing Convention Lines Up More Than 400 Billion Yuan in Potential Investment

The 2026 World Manufacturing Convention in Hefei has identified 946 potential projects worth more than 400 billion yuan, with artificial intelligence, quantum technology and next-generation vehicle manufacturing among its main areas of f...

China and U.S. Prepare Final Trade Talks Ahead of Xi-Trump Summit

Chinese Vice-Premier He Lifeng is leading a delegation for another round of high-level negotiations with U.S. officials on tariffs, artificial intelligence restrictions and market access ahead of an expected meeting between Presidents Xi...

Evergrande New Energy Vehicle Ends Automotive Manufacturing Operations

Evergrande New Energy Vehicle Group has abandoned vehicle manufacturing as the heavily indebted company faces possible delisting, marking another consolidation in China’s intensely competitive electric-vehicle industry.

China Expands Elderly Care and Silver-Economy Policies as Population Ages

Premier Li Qiang chaired a State Council meeting calling for stronger elderly care, rehabilitation and nursing services while encouraging products and consumption tailored to China’s ageing population.

Hong Kong Unveils Five-Year Plan to Expand Global Gold Trading Role

Hong Kong Chief Executive John Lee has outlined plans for yuan-denominated gold futures and targeted tax incentives as the city seeks to attract more physical commodity trading and deepen offshore renminbi markets.

China Reports Stronger Foreign Investment in High-Technology Industries

Official data show increased foreign direct investment into China’s high-technology manufacturing and services sectors during the first eight months of 2026, even as broader geopolitical pressures weigh on cross-border investment.

China Targets 3.5 Trillion Yuan Pharmaceutical and Biotechnology Market by 2030

Chinese economic planners have outlined a strategy to expand the pharmaceutical and biotechnology industry to 3.5 trillion yuan by 2030, with priorities including advanced drug development, medical equipment and artificial intelligence i...

BlackRock Wins Expanded Quota for Chinese Outbound Investment

BlackRock’s Chinese regulatory unit has received a new Qualified Domestic Institutional Investor licence, allowing it to channel more domestic capital into overseas assets as Beijing gradually widens investment access.

China Adds Former Jilin Official to Senior Financial Regulatory Leadership

China’s National Financial Regulatory Administration has appointed a former Jilin executive vice governor to its senior leadership, strengthening links between central financial supervision and provincial authorities.

China’s He Lifeng Heads to US for Trade Talks Ahead of Trump-Xi Summit

Chinese Vice Premier He Lifeng will lead a delegation to the United States from September 19 to 23 for economic and trade consultations as Beijing and Washington seek to manage persistent commercial tensions. ([State Council of China][1])

China Rejects Proposed European Restrictions on Hybrid-Vehicle Exports

China’s Commerce Ministry said it opposes proposed voluntary limits on hybrid-vehicle exports to Europe, arguing that such restrictions would violate World Trade Organization rules and harm Chinese automakers. ([MOFCOM][4])

China’s Youth Unemployment Reaches Record 18.9% Under Current Measure

China’s unemployment rate for people aged 16 to 24 excluding students rose to 18.9% in August, matching the highest level recorded under the current methodology as a large cohort of university graduates entered a difficult labour market....

China’s Fiscal Revenue Growth Slows to 4.7% as Government Spending Contracts

China’s fiscal revenue grew 4.7% in August as tax receipts weakened, while public-budget spending declined from a year earlier amid continued pressure on domestic demand and local government finances.

China Coast Guard Warns Philippines After Collision Near Xianbin Jiao

China’s coast guard accused a Philippine vessel of ignoring warnings and colliding with a Chinese ship near Xianbin Jiao, while Beijing demanded that Manila halt what it described as maritime provocations. ([Xinhua English News][3])

China’s Bank Lending and Aggregate Financing Drop as Credit Demand Weakens

New bank lending and aggregate social financing fell sharply in August, reflecting subdued borrowing by businesses and households as China’s financial system increasingly relies on direct bond financing.

Hong Kong Expands Cash, Tax and Housing Incentives for Larger Families

Chief Executive John Lee has announced higher cash bonuses and tax allowances for second and subsequent children alongside housing-related support as Hong Kong seeks to encourage more births.

China Appoints Trade Lawyer Chen Fuli to Lead Intellectual Property Regulator

Beijing has appointed international trade and World Trade Organization specialist Chen Fuli to head the national intellectual property authority as China places greater emphasis on protecting strategic patents amid global technology comp...

China’s Security Ministry Calls for Tighter Oversight of Artificial Intelligence Risks

State Security Minister Chen Yixin has called for stronger data governance, cyber defences and oversight of artificial intelligence as authorities focus on risks associated with foreign models, information manipulation and security vulne...

China Begins Five-Year Overhaul of Economic Statistics for Digital Era

Authorities are preparing reforms to the measurement of gross domestic product, employment and service consumption as Beijing seeks to capture the growing contribution of digital industries more accurately.

China Proposes Raising Blood-Donation Age as Donor Pool Shrinks

Proposed changes to China’s blood-donation rules would raise the maximum donor age from 55 to 65 and shorten the required interval between donations as authorities respond to rising clinical demand and a declining donor base.