Beijing Post

ByteDance Enterprise AI Division Says It Has Processed 120 Trillion Tokens

ByteDance’s enterprise technology division reported processing 120 trillion tokens through its large language model systems, highlighting intensifying competition among Chinese technology companies developing commercial generative AI ser...

China’s State Council Weighs New Property Support as Economic Growth Slips Below Target

China’s State Council discussed additional measures to inject liquidity into the struggling property sector and support domestic consumption after indicators showed economic growth falling below the government’s full-year target.

US and China Reach Major Coal Purchasing Agreement at Bilateral Summit

The United States and China agreed a significant coal purchasing deal during a leaders’ summit, while Beijing separately warned the European Union against further escalation of trade tensions.

Tencent Signs $7 Billion Oracle Deal for Offshore AI Computing Capacity

Tencent secured a five-year agreement with Oracle covering access to 100,000 advanced processors housed in Southeast Asian data centres, allowing the Chinese technology group to expand artificial intelligence computing capacity outside m...

China's Golden Week Travel Surges While Spending Remains Cautious

Early National Day holiday data showed strong domestic travel volumes, while per-person spending continued to trail historical levels as consumers favored lower-cost cultural and rural trips.

China Marks 77 Years of Diplomatic Relations With Russia

China's Foreign Ministry commemorated the 77th anniversary of diplomatic relations with Russia as Beijing and Moscow continue expanding economic and political cooperation.

China Faces Persistent Youth Employment Pressure as Graduate Numbers Rise

Economic and labor-market analysts warned that existing employment measures are struggling to absorb new university graduates, highlighting a mismatch between available jobs and the skills of younger workers.

Chery Plans Solid-State Battery Testing as Chinese EV Competition Intensifies

Chery Automobile plans to begin testing next-generation solid-state batteries next year, targeting improvements in energy density and safety as Chinese manufacturers race to develop new battery technologies.

FAW and GAC Alignment Points to Further Consolidation Among China's State-Owned Automakers

A proposed alignment between FAW Group and GAC Group could mark a significant step in the restructuring of China's state-owned auto industry as authorities seek greater efficiency during the transition to electric vehicles.

Chinese AI Model GLM-5.3 Draws Cybersecurity Concerns Over Vulnerability Exploitation

Cybersecurity executives and US technology company Anthropic raised concerns about the ability of Chinese generative AI model GLM-5.3 to identify and exploit software vulnerabilities, highlighting intensifying competition in advanced art...

Zhu Zhongming Elected Mayor of Shanghai

Former vice finance minister Zhu Zhongming was elected mayor of Shanghai, formalizing a leadership transition in China's financial center and making him one of the country's youngest provincial-level government chiefs.

China Expands Trade Barrier Investigations Into US Green Technology and Supply Chains

China's Ministry of Commerce broadened its trade barrier investigations to additional parts of US supply chains and the green technology sector as economic tensions between Beijing and Washington continue.

China Imposes 55% Additional Tariff on Brazilian Beef After Quota Is Exhausted

Chinese authorities imposed a 55% supplementary tariff on Brazilian beef imports from October 1 after the country's annual quota was exhausted, tightening access for one of China's major agricultural suppliers.

Huawei Expands Tau Chip Deployment as Mate XT 2 Sales Approach One Million

Huawei is accelerating deployment of its proprietary Tau semiconductor architecture as sales of its Mate XT 2 foldable smartphone remain on course to exceed one million units.

China Accelerates Infrastructure Spending While Holding Back From Broad Stimulus

China's State Council ordered faster progress on major projects in computing networks, water systems and next-generation communications, while favoring targeted financing and ultra-long special treasury bonds over broad economic stimulus.

China Launches Mortgage Interest Subsidies for First-Time Homebuyers

China's central bank and Finance Ministry introduced a nationwide subsidy from October 1 that reduces annual interest rates on eligible first-home commercial mortgages by one percentage point for properties priced below 1.5 million yuan.

China Opens Four New High-Speed Rail Lines Ahead of National Day Holiday

China State Railway Group inaugurated four regional high-speed rail corridors ahead of the National Day Golden Week, expanding transport links across the world’s largest high-speed rail network.

China’s Generative AI User Base Surpasses 700 Million

China reported more than 700 million generative artificial intelligence users as national research and development spending approached 4 trillion yuan and 5G subscriptions exceeded 1.3 billion.

China Launches Frontier Science Initiative Ahead of 2026-2030 Five-Year Plan

Beijing unveiled a new program focused on breakthroughs in frontier science as policymakers prepare the Fifteenth Five-Year Plan and seek to strengthen China’s capabilities in foundational research.

China Imposes Additional 55% Tariff on Brazilian Beef

China’s Ministry of Commerce imposed an additional 55% tariff on Brazilian beef imports from Oct. 1, marking a sharp change in agricultural trade relations between the two countries.

Chinese and Malaysian Officials Call for More Integrated Regional Supply Chains

Officials from China and Malaysia called for deeper China-ASEAN investment partnerships and technology transfers as regional governments seek to make supply chains more resilient to global trade disruption.

Former Chinese Securities Regulator Yi Huiman Charged With Bribery

Chinese prosecutors formally charged former China Securities Regulatory Commission chairman Yi Huiman with accepting bribes in one of the most prominent cases involving the country’s financial regulatory establishment.

China Warns European Union of Retaliation Over Potential New Trade Restrictions

China’s Ministry of Commerce warned that Beijing would respond with countermeasures if the European Union proceeds with proposed trade restrictions that Chinese officials view as discriminatory toward domestic industries.

China’s Manufacturing Activity Returns to Growth in September

China’s official manufacturing purchasing managers’ index rose to 50.1 in September, ending two months of contraction as stronger production offset continued weakness in employment and pressure from higher input costs.

Xi-Trump Summit Ends Without Expected Chinese EV Manufacturing Agreement

Chinese President Xi Jinping and U.S. President Donald Trump concluded their Washington summit without finalizing a widely anticipated agreement that would have allowed Chinese electric vehicle manufacturers to establish production facil...

China Posts $378 Billion First-Half Current Account Surplus as AI Trade Surges

China recorded a $378 billion current account surplus in the first half of the year as two-way trade in artificial intelligence products increased 48%, although advanced computing hardware generated an $88 billion deficit.

Shanghai Moves Away From Property Presales in Major Housing Market Reform

Shanghai introduced regulations prioritizing sales of completed homes over the traditional presale model, aiming to reduce risks for buyers and increase financial discipline among property developers.

People’s Bank of China Cuts Targeted Lending Rate and Expands Mortgage Support

The People’s Bank of China lowered its Pledged Supplemental Lending rate to 1.5% and expanded targeted relending and mortgage interest subsidies as policymakers seek to support housing demand and technology investment.

China Demonstrates Deep-Sea Drilling Beyond 5,000 Metres

State-backed Chinese energy and engineering groups successfully demonstrated drilling operations at depths exceeding 5,000 metres, expanding the country’s technical capacity for subsea resource exploration.

BioShanghai Week Highlights Growing Use of AI in Biopharmaceutical Research

BioShanghai Week opened at the Zhangjiang Science Hall with a focus on artificial intelligence in drug development and medical technology as Shanghai seeks to expand its biotechnology and high-end medical-device industries.

China Plans Next-Generation Geological Map of Mars by 2028

Chinese space authorities plan to complete a new comprehensive geological map of Mars by the end of 2028, adding to the country’s expanding programme of deep-space scientific exploration.

China’s High-Tech Manufacturing Sector Drives Double-Digit Industrial Profit Growth

National industrial data show profits continuing to grow at a double-digit pace, led by high-technology manufacturing and new-energy industries even as more traditional sectors remain under pressure.

China Outlines 2030 Blueprint to Strengthen A-Share Markets and Monetary Policy Framework

Financial regulators published a plan to deepen capital markets and modernise monetary policy through 2030, with a focus on attracting longer-term institutional investors and improving the flexibility of open-market operations.

Shanghai Moves Housing Market Toward Completed-Home Sales

Shanghai introduced new property rules designed to reduce reliance on presales and encourage the sale of completed homes, aiming to lower construction-completion risks and rebuild confidence among buyers.

China Opens Four New High-Speed Rail Lines

China inaugurated four additional high-speed rail corridors as authorities continue expanding transport links between regional cities and using infrastructure investment to support economic activity.

Geely and Nio Agree to Integrate EV Charging and Battery-Swap Networks

Geely and Nio formed a strategic partnership to connect their electric vehicle charging and battery-swapping infrastructure, advancing efforts to standardise China’s rapidly expanding battery-swap ecosystem.

China Sets 2030 Target for Broad Commercialisation of Solid-State Batteries

The Ministry of Industry and Information Technology released a five-year plan aimed at making solid-state batteries a mainstream technology by 2030 while introducing digital tracking and battery-passport standards covering carbon-footpri...