Beijing Post

European Union Fines AliExpress Five Hundred and Fifty Million Euros Under Digital Services Act

The European Commission has imposed a record five hundred and fifty million euro penalty on AliExpress, concluding the platform failed to adequately address counterfeit and unsafe products, marking a significant escalation in regulatory ...

China Launches Initiative to Build International Alliance Against Online Fraud

The Ministry of Public Security has announced plans to establish an international anti-fraud coalition at the Global Public Security Cooperation Forum in September, expanding cooperation against telecommunications scams and transnational...

China Sets Renewable Energy Priorities for the Fifteenth Five-Year Plan

The National Development and Reform Commission and the National Energy Administration have released clean energy guidelines for the 2026–2030 planning period, reaffirming renewable energy expansion and industrial upgrading as central pil...

Chinese State Media Highlights Export Growth and Industrial Upgrading After First-Half Economic Results

Following first-half gross domestic product growth of four point seven percent, state media emphasized strong export performance, including a sixty-eight percent increase in electric vehicle exports and record trade volumes of twenty-fiv...

Chinese Mathematicians Wang Hong and Deng Yu Win Historic Fields Medals

Peking University alumni Wang Hong and Deng Yu have become the first scholars trained entirely in mainland China to receive the Fields Medal, earning mathematics' highest honor for breakthroughs on the three-dimensional Kakeya conjecture...

Chinese AI Start-Up Moonshot Unveils Kimi K3 as Markets Reassess Artificial Intelligence Valuations

Moonshot Artificial Intelligence has launched its open-weight Kimi K3 model with two point eight trillion parameters, placing it close to leading Western closed models, while a sharp decline in Chinese semiconductor stocks reflects cooli...

China Issues New Guidelines to Strengthen Communist Party Oversight of Grassroots Governance

The Central Committee and State Council have introduced a broad policy framework to expand Party leadership across new economic organizations, the gig economy, and local communities, emphasizing early dispute resolution through the Fengq...

OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism

Former Florida pastor Scott Winters says the chatbot presented personalized medical guidance with unwarranted confidence, encouraged prolonged inactivity and failed to recognize symptoms preceding a life-threatening pulmonary embolism.

China Completes Key Engineering Milestone for Jintang Undersea High-Speed Rail Tunnel

China Railway Eleventh Bureau Group successfully carried out an ultra-high-pressure deep-sea engineering operation at the Jintang subsea tunnel in Zhejiang province, marking a major technical step forward for what is planned to become th...

Private Companies Account for Nearly Sixty Percent of China's Foreign Trade Growth

Officials from the State Council Information Office said private enterprises generated almost 60 percent of China's foreign trade growth in the first half of the year, underlining their central role in supporting exports and manufacturin...

China Tightens Oversight of Data Centre Expansion as Computing Capacity Reaches New High

Chinese authorities are shifting to centrally managed approval of new data centres after national intelligent computing capacity reached 2,185 exaflops, with policymakers placing greater emphasis on computing efficiency and the use of do...

China Coast Guard Says It Intercepted Philippine Vessels Near Huangyan Island

The China Coast Guard said it intercepted and expelled Philippine vessels that entered waters around Huangyan Island, reaffirming Beijing's claims and continuing tensions over disputed areas of the South China Sea.

Sinopec Begins Mass Production of Aerospace-Grade Carbon Fiber

State-owned energy and chemicals company Sinopec announced the domestic mass production of wet-process T-1000-grade carbon fiber, strengthening China's supply of advanced materials used in aerospace and other high-technology manufacturin...

China Unveils New Renewable Energy Plan Targeting 3.5 Billion Kilowatts of Capacity by 2030

The National Development and Reform Commission and the National Energy Administration have released the Fifteenth Five-Year Plan for Renewable Energy Development, aiming to raise installed renewable capacity to 3.5 billion kilowatts by 2...

China's Record Trade Surplus Highlights Export Strength as Domestic Demand Remains Uneven

Official data showed China's trade surplus reached a near-record 576 billion US dollars in the first half of the year, supported by strong artificial intelligence-related semiconductor exports, while second-quarter economic growth slowed...

Foreign Investment in China's High-Technology Industries Climbs More Than 33 Percent

Vice Commerce Minister Yan Dong said nearly 4,800 foreign-funded enterprises expanded their investments in China during the first half of the year, lifting investment in high-technology industries by 33.2 percent despite a challenging gl...

China Approves Major Renewable Energy Expansion Across Western Provinces

The National Energy Administration has finalized its latest renewable energy plan, authorizing large-scale solar and hydrogen projects in western China to accelerate the country's transition toward domestically generated clean energy.

China Implements New Mineral Resources Rules to Strengthen Strategic Supply Chains

The State Council has put new regulations under the revised Mineral Resources Law into effect, tightening oversight of mineral extraction, reserves management, and environmental restoration while strengthening control over strategic reso...

XPeng Debuts New SUV Simultaneously in China and Germany

XPeng launched its L03 compact sport utility vehicle in Munich at the same time as its domestic release, underscoring the company's push into overseas markets as intense price competition squeezes profit margins in China.

China Awards First National Level Three Certifications for Autonomous AI Devices

Regulators granted the country's first Level Three artificial intelligence certifications to 66 smart devices from 17 technology companies, establishing a unified national framework for more advanced AI hardware operating directly on edg...

People's Bank of China Steps Up Monetary Easing with Fresh Liquidity Injection and Lower Deposit Rates

The People's Bank of China injected 200 billion yuan through a rare second medium-term lending facility operation in July, while the country's five largest state-owned banks cut deposit rates below two percent after broader benchmark red...

Chinese Regulators Encourage Market-Led Mergers to Revitalize A-Share Market

Securities regulators are promoting market-driven mergers and acquisitions to improve capital allocation and accelerate corporate restructuring, signaling a greater role for consolidation in maintaining the health of China's domestic equ...

China and Russia Complete First Joint Submarine Operations During Pacific Naval Exercises

Chinese and Russian naval forces concluded Joint Sea-2026 exercises near Qingdao with the first coordinated deployment of Chinese Type 039B and Russian Kilo-class submarines, highlighting closer military cooperation and expanded operatio...

Collapse in Land Sales Drives Chinese Local Governments to Tighten Tax Collection

China's fiscal revenue strengthened in June despite a 65 percent decline in residential land sales from peak levels, as local governments stepped up corporate tax collection and sought alternative revenue sources to offset weaker propert...

People's Bank of China Directs More Than 760 Billion Yuan to Private Sector Lending

The central bank said it provided more than 760 billion yuan in targeted funding during the first half of the year, aiming to channel low-cost credit through financial institutions to private manufacturing and technology companies.

Huawei Unveils Atlas 950 AI Supernode at Shanghai Conference

Huawei introduced its Atlas 950 SuperPoD at the World Artificial Intelligence Conference, combining 1,024 AI chips into a single computing platform as China intensifies investment in large-scale artificial intelligence infrastructure.

China Ends Tax Exemption for Electric Vehicle Lithium-Ion Batteries

Beijing will phase out the consumption tax exemption for lithium-ion batteries used in electric vehicles, seeking to balance fiscal revenue while signaling a shift in industrial support toward next-generation battery technologies.

SMIC Launches $5.8 Billion Acquisition to Consolidate China's Semiconductor Industry

Semiconductor Manufacturing International Corporation is acquiring domestic chip assets in a state-backed transaction worth $5.8 billion, marking the start of a broader effort to consolidate China's foundry sector and strengthen domestic...

Shenzhen Launches 10 Billion Yuan Fund to Expand Semiconductor and Advanced Technology Industries

Shenzhen has established a 10 billion yuan industrial investment fund to support semiconductor manufacturing, advanced robotics and core electronic components. The initiative is intended to strengthen research, development and production...

High-Tech Manufacturing Outpaces Broader Industrial Growth in China

The National Bureau of Statistics said value-added output from high-tech manufacturing rose 13.3 percent in the first half of the year, well above overall industrial growth. The sector contributed more than 40 percent of China's economic...

Shanghai World AI Conference Showcases Artificial Intelligence Governance and Rapid Industry Growth

The 2026 World AI Conference concluded in Shanghai after bringing together international participants to discuss open-source artificial intelligence governance. Chinese data authorities also reported that nationwide daily AI token usage ...

Chinese Manufacturers Report Advances in Key Electronic Materials

Major domestic electronic component producers, including Fenghua Advanced Technology, announced progress in multilayer ceramic capacitor technology and the localization of critical raw materials. The developments are expected to reduce r...

China Promotes Regional Economic Cooperation at ASEAN Foreign Ministers' Meeting

Foreign Minister Wang Yi attended regional meetings in Manila, where discussions focused on expanding trade links, strengthening supply chain resilience and deepening cooperation between China and ASEAN members. The talks highlighted Bei...

China Welcomes Papua New Guinea's Decision to Close Taipei Economic Office

China's Foreign Ministry welcomed Papua New Guinea's decision to close the Taipei Economic Office, saying the move reflects adherence to the one-China principle. The statement was made during a regular ministry press briefing.

China's Green Technology Exports Climb 51.6 Percent in First Half

Official customs figures showed exports of electric vehicles, lithium-ion batteries and solar cells increased 51.6 percent year on year during the first half of 2026. Electric vehicle exports alone exceeded one million units in June, hig...

China Reports 4.7 Percent First-Half Economic Growth as High-Tech Manufacturing Offsets Property Weakness

China's economy expanded 4.7 percent year on year in the first half of 2026, according to the National Bureau of Statistics. Resilient high-tech manufacturing and strong foreign trade helped sustain growth despite continued weakness in t...

People's Bank of China Maintains Accommodative Monetary Policy to Support Industrial Upgrading

The People's Bank of China said it will keep monetary policy appropriately accommodative following a quarterly policy meeting. The central bank said it will use counter-cyclical measures to reduce financing costs while directing more cre...

China's Chip Production Jumps 23 Percent as Semiconductor Capacity Expands

National Bureau of Statistics data showed integrated circuit output rose 23 percent in the first six months of the year to nearly 280 billion units. The increase reflects continued expansion of domestic semiconductor manufacturing capaci...

China Accelerates Digital Infrastructure Integration Across Manufacturing Supply Chains

The Ministry of Industry and Information Technology and other agencies are expanding the deployment of fifth-generation mobile networks, industrial internet platforms, and secure cloud computing facilities to improve supply chain resilie...

Yangtze River Delta Industrial Parks Report Faster Growth in Advanced Manufacturing

Economic planners across eastern China said high-tech manufacturing output continued to rise in the first half of the year as factories expanded the use of industrial robots, advanced lithium-ion battery production, and digital factory m...

China Unveils Broad Plan to Modernize the Domestic Service Sector

The Ministry of Commerce and nine other government departments have issued new measures to improve professional standards, expand commercial insurance coverage, and encourage the growth of large branded service providers to strengthen do...

Chinese Vaccine Makers Shift Toward Adult Immunizations and Overseas Markets

Domestic vaccine producers are expanding into adult vaccination programs and export markets after the number of doses administered in China fell below four hundred million for the first time in more than a decade amid demographic changes.

Key Trends to Watch

Infrastructure investment is shifting from network expansion to modernization and efficiency improvements.

Global Aircraft Manufacturers Forecast Strong Long-Term Demand from Chinese Airlines

Leading aerospace companies expect Chinese carriers to account for around one-fifth of global aircraft demand over the next two decades, intensifying competition among international manufacturers for aircraft sales and long-term service ...

Shanghai Stock Exchange Speeds Up Listings for Semiconductor and Hard-Tech Companies

The Shanghai Stock Exchange is accelerating initial public offering reviews for semiconductor and silicon photonics companies on its Science and Technology Innovation Board, using capital markets to support domestic innovation and critic...