Beijing Post

Hong Kong Unveils New Measures to Expand Offshore Renminbi and Commodities Markets

The People's Bank of China, the Hong Kong Monetary Authority and the Securities and Futures Commission have introduced 11 measures to strengthen Hong Kong's fixed-income and currency markets. The city has also begun trial operations of a...

ChangXin Memory Technologies Launches 29.5 Billion Yuan Initial Public Offering to Expand Advanced Chip Production

ChangXin Memory Technologies will debut on Shanghai's STAR Market on July 16 in a 29.5 billion yuan initial public offering, the largest A-share listing of 2026. The company plans to use the proceeds to expand advanced dynamic random acc...

China's Monthly Vehicle Exports Top One Million for the First Time on Strong New-Energy Vehicle Demand

Chinese automakers exported a record 1.04 million vehicles in June, up 75 percent from a year earlier and surpassing one million monthly shipments for the first time. Exports of electric and plug-in hybrid vehicles rose 160 percent as ma...

China's Second-Quarter Economic Growth Expected to Ease as New Growth Drivers Take Hold

A survey of 14 chief economists by Yicai suggests China's economy likely grew 4.5 percent in the second quarter, down from 5 percent in the previous quarter. Weaker retail spending and continued declines in fixed-asset investment weighed...

People's Bank of China Records Largest Gold Purchase in Twenty Months

The People's Bank of China added 480,000 ounces of gold to its reserves in June, marking its largest monthly purchase in 20 months and extending its recent buying streak. The increase came as global gold prices eased, supporting the cent...

China's Anti-Graft Watchdog Uncovers Fiscal Revenue Manipulation in Nanning

The Central Commission for Discipline Inspection said Nanning's municipal government inflated fiscal revenue through land transactions involving state-owned enterprises. The case highlights the financial pressure facing some local govern...

China Releases New Five-Year Environmental Plan to Cut Industrial Carbon Intensity

The State Council unveiled the Beautiful China Fifteenth Five-Year Plan for 2026 through 2030, requiring industries covered by the national carbon market to reduce carbon emissions per unit of output by three percent while maintaining ti...

Flooding and Typhoon Maysak Leave Dozens Dead in Guangxi

Severe flooding triggered by Typhoon Maysak has killed at least thirty-nine people in Guangxi after torrential rain overwhelmed rivers and reservoirs, causing extensive infrastructure damage and disrupting communities across southern China.

Fitch Upgrades Ratings for Five Major Chinese Banks

Fitch Ratings raised the foreign-currency issuer and viability ratings of five Chinese joint-stock commercial banks, including China Merchants Bank and Shanghai Pudong Development Bank, citing improved asset quality and a continued shift...

China's Property Market Recovery Expected to Remain Concentrated in Major Cities

The China Index Academy forecasts that the real estate market will continue stabilising gradually during the second half of the year, with stronger demand expected mainly in tier-one cities while lower-tier markets remain under pressure.

People's Bank of China Expands Hong Kong Bond Connect to Strengthen Offshore Renminbi Markets

People's Bank of China Governor Pan Gongsheng announced a sixty percent increase in the Southbound Bond Connect quota to eight hundred billion yuan, alongside an expansion of the Renminbi Business Facility to five hundred billion yuan, r...

Shanghai Technology Stocks Rally on Optimism Over China's Artificial Intelligence Sector

The Shanghai STAR Fifty Index climbed sharply after Goldman Sachs upgraded its outlook for China's artificial intelligence industry, citing strong government support and rising global demand for AI hardware and software.

China Successfully Recovers Long March-10B Reusable Rocket Booster

China's National Space Administration successfully launched and recovered the Long March-10B reusable booster, marking a significant advance in reusable launch technology that is expected to reduce satellite deployment costs and strength...

Enflame Technology Wins Approval for Major Artificial Intelligence Chip Listing

China's securities regulator approved the initial public offering of Tencent-backed chip designer Shanghai Enflame Technology on the STAR Market, supporting the expansion of domestic semiconductor capabilities as China continues to devel...

State Council Expands Anti-Sanctions Powers, Raising Compliance Risks for Multinational Companies

China's State Council has implemented Decree Number 835, giving prosecutors broader authority to penalize foreign companies that comply with Western export controls. The measure adds another layer of legal and regulatory complexity for m...

MiniMax Raises Two Billion Dollars to Expand Artificial Intelligence Infrastructure

Chinese artificial intelligence developer MiniMax Group secured sixteen billion Hong Kong dollars through equity and convertible bond financing. The company plans to devote most of the funding to next-generation computing hardware and ne...

China Allocates One Hundred Ninety-Three Billion Yuan to Strategic National Projects

The National Development and Reform Commission approved the final tranche of ultra-long special treasury bond funding for 2026, directing one hundred ninety-three billion yuan toward scientific innovation, underground infrastructure upgr...

China Mobilizes for Super Typhoon Bavi as Southern Provinces Brace for Landfall

Authorities are preparing for the arrival of Super Typhoon Bavi, the second major tropical cyclone in a week, as emergency agencies work to protect communities and infrastructure across southern China.

President Xi Jinping Calls for Closer Integration of Scientific Research and Industry

President Xi Jinping has urged stronger coordination between frontier scientific research and industrial development, emphasizing strategic fields including quantum technology and life sciences to accelerate innovation-driven growth.

China Prepares to Host World Artificial Intelligence Conference in Shanghai

Shanghai will host the 2026 World Artificial Intelligence Conference and a high-level summit on global AI governance next week, bringing together senior officials and international participants to discuss the future regulation of autonom...

China Drops Fixed Urban Employment Target for 2026–2030

The Ministry of Human Resources has abandoned a numerical target for urban job creation in the next five-year period, adopting a more flexible approach as artificial intelligence and automation reshape the labor market.

China Strengthens Industrial Artificial Intelligence Adoption Across Manufacturing

The Ministry of Industry and Information Technology said more than thirty percent of the country's large industrial enterprises now use artificial intelligence technologies, with manufacturers leading the shift toward smarter production ...

China's Humanoid Robot Production Set to Reach One Hundred Thousand Units

Annual production of humanoid robots is projected to reach one hundred thousand units this year as manufacturers increasingly deploy advanced robotics across factory production lines.

High-Tech Exports Continue to Drive China's Trade Performance

Customs data showed exports of high-value mechanical and electrical products rose more than eighteen percent in the first five months of 2026, with advanced manufacturing accounting for over sixty percent of total exports.

Service Consumption Seen as China's Next Long-Term Growth Engine

Deutsche Bank economists said spending on leisure, healthcare and elderly care remains well below international benchmarks, pointing to significant room for domestic services to support future economic growth.

China's Artificial Intelligence Device Shipments Surpass One Hundred Million Units

Annual shipments of artificial intelligence-enabled smartphones and personal computers have exceeded one hundred million units, highlighting the rapid adoption of AI-powered consumer electronics across the domestic market.

Property Market Weakness Continues to Weigh on Consumer Confidence

The prolonged downturn in China's property sector remains a drag on household wealth and spending, with stagnant or falling home prices continuing to dampen buyer sentiment despite stronger performance in high-tech industries.

China's Export Sector Helps Offset Higher Energy Costs and Trade Uncertainty

Strong performance in high-tech and value-added manufacturing has helped China's export sector absorb the impact of higher energy prices and shipping disruptions linked to the Strait of Hormuz.

China Expands Anti-Sanctions Rules to Strengthen Response to Foreign Trade Restrictions

Beijing has introduced two new regulations giving authorities broader powers to respond to foreign entities deemed to threaten supply chain security or enforce extraterritorial sanctions, underscoring a firmer stance amid ongoing trade t...

China's Second-Quarter Economic Growth Expected to Ease as Property Weakness Persists

Economists expect China's economy to expand by around four point five percent in the second quarter, as the prolonged property downturn and subdued consumer spending offset continued strength in high-tech manufacturing and exports.

International Monetary Fund Raises China Growth Forecast for 2026

The International Monetary Fund has lifted its 2026 growth projection for China to four point six percent, citing stronger-than-expected high-tech manufacturing and sustained public investment during the first quarter.

China Signals More Policy Support to Boost Domestic Consumption

Economists expect Beijing to introduce additional fiscal measures in the second half of the year to encourage household spending, with targeted support for services, childcare and elderly care to complement the export-led recovery.

China and Russia Complete Joint Live-Fire Naval Exercises

Chinese and Russian naval forces have concluded annual joint maritime drills featuring coordinated live-fire and helicopter operations, with military officials describing the exercises as part of their routine bilateral cooperation.

Beijing Issues First Orange Rainstorm Alert of Twenty Twenty-Six

Beijing has issued its first orange rainstorm warning of the year, with meteorological authorities warning of possible flooding and traffic disruption while urging residents and businesses to prepare for severe weather.

China Criticizes Japan's Space Security Policy

A spokesperson for China's Ministry of National Defense criticized Japan's recent actions relating to space security, urging Tokyo to uphold the peaceful use of outer space and expressing concern over activities Beijing says could affect...

China Unveils New Plan to Boost Employment and Domestic Consumption

Government planners have introduced a strategy to support job creation and stimulate consumer spending by expanding the retail sector, integrating cultural and tourism resources with commerce and simplifying tax refund procedures over th...

International Monetary Fund Raises China's Twenty Twenty-Six Growth Forecast to Four Point Six Percent

The International Monetary Fund has lifted its forecast for China's economic growth in 2026 to four point six percent from four point four percent, citing resilience driven by industrial upgrading, high-tech investment, domestic demand, ...

China's New Energy Vehicle Production and Sales Exceed Seven Million in First Half

China's new energy vehicle industry surpassed seven million units in both production and sales during the first half of 2026, reflecting strong domestic demand and continued momentum in electric and hybrid vehicle manufacturing.

Shanghai Opens All National Scientific Research Facilities to Public and Industry Users

Shanghai has opened all ten of its national key scientific and technological infrastructures for public and collaborative access, giving researchers and companies broader use of advanced research facilities as the city strengthens its po...

Southern China Flood Death Toll Rises to Thirty-Nine as Large-Scale Rescue Efforts Continue

Authorities said severe flooding in Guangxi Zhuang Autonomous Region has claimed thirty-nine lives, with nine people still missing after torrential rain linked to Tropical Storm Maysak caused reservoir and dam breaches, including at the ...

Amcor Expands Automated Packaging Facility in Dongguan

Packaging company Amcor has begun a major expansion of its Dongguan operations, adding automated manufacturing and warehousing capacity through a project scheduled for completion in July 2027 to strengthen production and supply chain res...

China's Factory-Gate Inflation Climbs to Four-Year High on Rising Input Costs

China's producer price index rose 4.1 percent in June, its highest level since July 2022, as higher energy and raw material costs increased pressure on manufacturers already facing weak domestic demand and intense international competition.

Southern China Braces for Typhoon Bavi After Deadly Flooding Claims 39 Lives

Authorities are continuing rescue and recovery operations after flooding triggered by Typhoon Maysak killed 39 people in the Guangxi Zhuang Autonomous Region, while coastal provinces including Fujian prepare for the arrival of Typhoon Ba...

Taiwan Warns China's Gray-Zone Maritime Operations Are Reshaping the Status Quo

Officials and security analysts in Taipei say China's steadily expanding maritime activities below the threshold of conventional conflict are creating a new operating environment in the Taiwan Strait through sustained pressure rather tha...