Beijing Post

Pinglu Canal Reaches Full Channel Connectivity Ahead of Planned Navigation Phase

Water has been introduced into the Madao hub of Guangxi's 134.2-kilometer Pinglu Canal, completing full channel connectivity for a project designed to provide western Chinese provinces with a more direct route to the South China Sea.

Overseas Investment Fund Quota Shortages Force Chinese Funds to Restrict New Inflows

More than half of China's Qualified Domestic Institutional Investor funds have suspended or limited subscriptions after available overseas investment quotas were exhausted, reflecting strong demand from domestic investors seeking greater...

Chinese Listed Companies Report Rising Back-Tax Assessments Amid Stronger Revenue Enforcement

Eight companies listed in Shanghai and Shenzhen disclosed a combined 400 million yuan in tax arrears and penalties over several days, suggesting local authorities are intensifying tax collection efforts to strengthen fiscal revenues.

China Highlights Global Leadership in Automated Ports and Green Shipping at Tianjin Expo

Officials at the Fourth Tianjin International Shipping Industry Expo said Chinese operators now manage 30 automated container terminals, accounting for 27 percent of the global total, while the country's commercial fleet capacity exceeds...

China Sets New Food Security and Agricultural Modernization Targets Through 2030

A State Council framework for the Fifteenth Five-Year Plan establishes binding goals to raise national grain production capacity to 725 million tonnes and maintain food safety pass rates above 98 percent by 2030.

Chinese Humanoid Robotics Startups Attract Fresh Funding Ahead of Planned Stock Market Listings

Astribot, Spirit AI, and XYZ Embodied AI have each completed new financing rounds, highlighting growing investor interest in embodied artificial intelligence and accelerating preparations for potential public offerings on China's domesti...

Tencent Gains Market Value as WeChat Artificial Intelligence Rollout Advances

Tencent added an estimated US$53 billion in market capitalization after reports indicated the company is testing generative artificial intelligence agents within WeChat, with a broader public launch potentially beginning as early as June...

China's Electric Vehicle Industry Shifts Focus From Rapid Expansion to Profitability and Exports

As growth moderates following years of rapid expansion, leading manufacturers are increasingly prioritizing cost control, ultra-fast charging technologies, hybrid vehicle platforms, and overseas markets in response to tighter margins and...

China Moves to Curb Excess Capacity by Tightening Credit to Competitive Manufacturing Sectors

The People's Bank of China is working with financial regulators to limit excessive lending to highly competitive industries, including electric vehicles and parts of advanced manufacturing, as policymakers seek to improve profitability a...

China Introduces Outbound Investment Security Reviews to Tighten Oversight of Overseas Technology Transfers

New State Council regulations taking effect on July 1, 2026, give Chinese authorities expanded powers to review overseas investments, monitor cross-border technology transfers, investigate foreign trade restrictions, and deploy counterme...

Anti-Corruption Authorities Investigate Shanxi Official After Deadly Coal Mine Explosion

China’s top disciplinary watchdog has opened an investigation into Qinyuan County Party Secretary Zhao Yongjin following a fatal gas explosion at a coal operation and allegations that safety issues were concealed.

Rising Cross-Regional Medical Treatment Costs Add Pressure to China's Health Insurance System

A regulatory assessment found that medical treatment obtained outside patients’ home regions now accounts for more than a quarter of national health insurance expenditures, increasing financial pressure on local administrations.

Investment Accelerates in China's Embodied AI and Robotics Sector

Funding for domestic robotics and embodied artificial intelligence companies has increased as firms including Astribot, Spirit Artificial Intelligence and XYZ Embodied Artificial Intelligence prepare for potential public listings and man...

Chinese Tax Audits Drive Sharp Increase in Back-Tax Payments by Listed Companies

The National Tax Administration said 69 mainland-listed firms have paid more than 4.9 billion yuan in back taxes, penalties and late fees this year as authorities intensify corporate compliance reviews.

State Council Introduces New Rules to Review Overseas Investments and Counter Foreign Restrictions

A new 34-article regulation signed by Premier Li Qiang gives Chinese authorities broader powers to scrutinize outbound investments, technology transfers and overseas acquisitions while authorizing responses to what Beijing describes as d...

Vice President Han Zheng to Lead China Delegation at St. Petersburg Economic Forum

Han Zheng is scheduled to visit Russia and Belarus for high-level meetings, with discussions expected to focus on strengthening bilateral cooperation and advancing broader multilateral partnerships.

Caixin Manufacturing PMI Signals Continued Expansion in China's Factory Sector

China’s private-sector manufacturing index rose to 51.8 in May, remaining above the 50-point expansion threshold for a sixth consecutive month despite weaker official data reflecting softer consumer demand and export orders.

China Coast Guard Conducts Patrols Near Taiwan as Beijing Opposes Japan-Philippines Maritime Talks

Chinese maritime authorities launched patrol operations east of Taiwan while the Foreign Ministry argued that any maritime boundary negotiations involving Japan and the Philippines in the area cannot proceed without Beijing's participation.

Macao Joins mBridge Cross-Border Digital Currency Network

Macao has formally entered the mBridge central bank digital currency platform, while PetroChina completed the territory’s first multi-currency transaction involving Hong Kong and the United Arab Emirates to support cross-border settlemen...

China Expands Legal Protections and Insurance Coverage for Workers Beyond Retirement Age

New regulations taking effect on July 1 will provide workers who remain employed after the statutory retirement age with independent legal protections and mandatory workplace injury insurance coverage.

China Launches Space Biology Research on Human Cell Development Aboard Tiangong Station

Scientists from the Chinese Academy of Sciences have begun experiments aboard the Tiangong space station to study how microgravity and space radiation affect early-stage human cellular development during long-duration missions.

China’s Manufacturing Growth Slows as High-Tech Industries Outpace Domestic Demand

Manufacturing activity remained in expansion territory, but weaker consumer and export demand weighed on overall momentum, highlighting a widening gap between strong high-tech production and softer conditions in more traditional sectors.

Tencent Cuts AI Cloud Prices by More Than 97% as Competition Intensifies

Tencent Cloud has sharply reduced pricing for access to its DeepSeek language models, escalating competition among China’s largest technology firms as they race to secure market share in enterprise artificial intelligence services.

China and United States Hold Maritime and Air Safety Talks in Hawaii

Military officials from Beijing and Washington concluded discussions focused on reducing the risk of accidents and misunderstandings at sea and in the air, continuing efforts to stabilize defense communications between the two powers.

China Literature Acquires Controlling Stake in Science-Fiction Animation Studio

The Tencent-owned publishing platform has invested 400 million yuan to gain majority control of YHKT Entertainment, reflecting growing efforts to consolidate valuable domestic intellectual property in China’s entertainment sector.

State Council Tightens Oversight of Chinese Overseas Investment and Technology Transfers

China will introduce a new regulatory framework on July 1 that places overseas investments under expanded national security, data governance, and supervisory controls, while bringing individual investors under formal oversight for the fi...

Lao President Begins China Visit to Seek High-Tech and Manufacturing Investment

President Thongloun Sisoulith has started a five-day visit to Zhejiang province aimed at deepening ties with China, attracting investment in digital infrastructure and advanced manufacturing, and strengthening supply-chain integration.

China’s Central Bank Drains Record Liquidity to Cool Government Bond Rally

The People’s Bank of China withdrew more than 248 billion yuan from the financial system after benchmark 10-year government bond yields fell to a one-year low, signaling growing concern over excess liquidity and speculative demand for sa...

General Mills Sells Häagen-Dazs Mainland China Business to Domestic Investor Group

General Mills has completed the divestment of its Häagen-Dazs operations in mainland China to a local investor consortium that includes beverage company Ningji, allowing the U.S. group to refocus on selected growth categories.

Huawei Advances 3D Chip Design Efforts Amid Equipment Constraints

Huawei is continuing to develop advanced three-dimensional chip design approaches as it seeks alternatives to leading-edge lithography equipment, focusing on architectural innovation to support future computing and artificial intelligenc...

Local Governments Accelerate Green Energy and Industrial Upgrading Projects

Provincial and municipal authorities across China are expanding investment plans for renewable energy infrastructure and advanced manufacturing, supporting national efforts to modernize industrial capacity and attract high-tech investment.

People’s Bank of China Reaffirms Commitment to Market Stability and Liquidity

China’s central bank has pledged to maintain ample liquidity and a stable renminbi exchange rate throughout 2026, with policy support aimed at encouraging domestic demand, technological innovation, and service-sector growth.

Traditional Manufacturers Draw Investor Attention Through Artificial Intelligence Expansion

Market observers are tracking companies such as BOE Technology Group as established manufacturers expand into AI-related hardware, testing whether new technology partnerships can support sustained long-term growth and valuations.

China Intensifies Enforcement Against Child-Safety Violations in Consumer Goods

The Supreme People's Court and the State Administration for Market Regulation have jointly highlighted landmark cases involving unsafe products and environments for minors, signaling tougher enforcement across sectors including toys, ent...

China Unveils 2030 Agricultural Modernization Plan to Strengthen Food Security

China’s State Council has released its agricultural and rural development blueprint through 2030, prioritizing food security, advanced farming technologies, higher rural incomes, and the consolidation of poverty alleviation gains as part...

U.S. Tightens Restrictions on Advanced AI Chip Exports to Chinese Overseas Subsidiaries

New guidance from the U.S. Commerce Department seeks to prevent Chinese technology companies from accessing advanced artificial intelligence chips through overseas affiliates, expanding the reach of existing semiconductor export controls.

Beijing Researchers Reportedly Prepare Technology Sectors for Potential Export Restrictions

A group of Chinese scientists has compiled a list of sensitive technology fields that could become subject to future export controls, reflecting efforts to safeguard domestic technological advances and strengthen strategic industries.

Peking University Develops Chip Design Software Compatible With Huawei Architecture

Researchers at Peking University have introduced chip design software tailored to Huawei’s LogicFolding architecture, supporting domestic semiconductor development and reducing reliance on foreign electronic design automation tools.

China Tightens Oversight of Local Investment Incentives to Address Overcapacity Risks

Regulators are increasing scrutiny of local government investment promotion practices as part of efforts to curb excessive competition, overcapacity and price wars in mature industries. Authorities say the policy shift is intended to enc...

Defense Spending Set to Rise as Military Modernization Efforts Continue

China is expected to increase defense spending by around 7% this fiscal year as it advances military modernization ahead of the People’s Liberation Army centenary in 2027. Investment remains focused on advanced equipment, cyber capabilit...

China Targets Lower-Tier Cities to Support Consumer Spending Recovery

Policymakers are directing more support toward offline consumption in third-tier and smaller cities through trade-in subsidies for smart products and investment in commercial infrastructure. The strategy reflects stronger consumer confid...

Beijing Broadens Industrial Strategy to Cover Entire Production Chain

Recent policy analysis points to a widening industrial strategy that extends beyond individual sectors to encompass everything from critical mineral supplies and industrial equipment to advanced technologies and downstream services. The ...

Gaotu Techedu Posts Double-Digit Revenue Growth Amid Artificial Intelligence Expansion

Education technology company Gaotu Techedu reported first-quarter revenue of 1.689 billion yuan, up 13.2% from a year earlier, as it continued its transition toward Artificial Intelligence-powered lifelong learning services. Net income f...

China Accelerates Artificial Intelligence Adoption Through Nationwide “AI Plus” Initiative

Chinese policymakers are expanding efforts to integrate Artificial Intelligence across traditional industries, shifting support from research toward large-scale commercial deployment. The initiative targets sectors including aviation, bi...