Beijing Post

China Mobile Creates Dedicated AI Services Division

China Mobile has established a new "Token Office" as part of a broader restructuring aimed at expanding artificial intelligence and computing services, reinforcing its shift toward AI-driven business growth.

Shanghai Stock Exchange Speeds Up IPO Pipeline for Semiconductor and AI Companies

The Shanghai Stock Exchange has accelerated listings for semiconductor and artificial intelligence firms on the STAR Market, with updated listing policies placing greater emphasis on long-term growth potential to support China's drive fo...

Xi Jinping Marks Communist Party Anniversary With Call for Modern Socialist Development

Speaking at an event marking the Communist Party of China's 105th anniversary, President Xi Jinping said the country faces both strategic opportunities and significant risks, urging strict party self-governance and renewed commitment to ...

China Tightens Outbound Investment Rules With New National Security Framework

New regulations that took effect on July 1 establish a broad legal framework governing outbound investment, extending oversight of cross-border capital, technology and personnel while requiring national security reviews for investments i...

China Semiconductor Industry Association Warns AI Investment Boom Is Driving Market Imbalances

The China Semiconductor Industry Association said the global surge in AI infrastructure spending and rising memory chip prices are creating an overheated market, with supply constraints increasing costs for Chinese smartphone and persona...

China Imposes Provisional Anti-Dumping Measures on Canadian Pea Starch Imports

Chinese customs authorities have begun collecting security deposits of 73.5% on Canadian pea starch imports following an anti-dumping investigation, marking a further escalation in trade tensions between Beijing and Ottawa.

China Tightens Oversight of Overseas Investment With New National Security Rules

China has introduced a new "full-process supervision" framework requiring companies to report and justify overseas investments throughout their lifecycle, with stricter scrutiny of artificial intelligence, semiconductor and electric vehi...

China Rolls Out Fully Digital Tax Refund System to Encourage Tourist Spending

A new departure tax refund policy took effect on July 1, introducing paperless processing and longer refund windows as part of the "Shopping in China" initiative to simplify procedures for international visitors and support retail consum...

ChangXin Memory Technologies Reports Strong Revenue Growth as AI Chip Demand Surges

ChangXin Memory Technologies posted first-quarter 2026 revenue of about 50.8 billion yuan (US$7.3 billion), highlighting the rapid expansion of China's domestic memory chip industry as global demand for AI-focused semiconductors continue...

Shanghai Launches Standardized Medical Escort Service for Older Residents

Shanghai will introduce a regulated medical escort service for people aged 60 and above from July 1, establishing standardized qualifications and pricing to improve access to healthcare for the city's growing elderly population.

People's Bank of China Proposes Updated Rules for Gold Imports and Exports

The People's Bank of China and the General Administration of Customs have released draft revisions to regulations governing gold imports and exports, seeking to streamline administrative procedures and clarify customs oversight for indiv...

China Opens New High-Speed Railway Linking Xi'an and Shiyan

A new Fuxing high-speed rail service connecting Xi'an in Shaanxi province with Shiyan in Hubei province has entered operation, cutting travel times and strengthening economic links between western and central China as part of broader reg...

Xi Jinping Leads High-Level Meeting on Flood Control and Drought Relief

President Xi Jinping chaired a Communist Party Political Bureau meeting focused on coordinating national flood prevention and drought relief efforts, underscoring the government's priority of protecting food security and social stability...

China's Manufacturing Activity Returns to Expansion in June as Economic Recovery Firms

China's official manufacturing purchasing managers' index rose to 50.3 in June from 50.0 in May, while the composite index reached its highest level this year at 50.6, suggesting targeted stimulus measures and easing trade tensions are s...

Shandong Pharmaceutical Production Line Suspended Over Quality Deficiencies

Regulators in Shandong have ordered the suspension of a production line at Beida Gaoke Huatai Pharmaceutical after identifying serious quality-management shortcomings in the production of amiodarone hydrochloride injection as part of bro...

China Expected to Drive Global Growth in Data Center Electricity Demand

Energy assessments project that China and the United States will account for around 80% of the increase in global data center electricity consumption by 2030, prompting Beijing to accelerate investment in power grids and computing infras...

Chinese Portable Air Conditioner Exports Surge as Europe Endures Extreme Heat

Exports of portable air conditioners from China to Western Europe rose by more than 70% during the first five months of 2026 as prolonged heatwaves drove exceptionally strong demand for cooling equipment across the region.

China Tightens Oversight of National Drug Procurement Program

Chinese regulators have disqualified more than 10 pharmaceutical and medical-device suppliers from the national bulk procurement program this year after identifying serious production and quality-management deficiencies, reinforcing effo...

Premier Li Qiang Promotes "China Opportunity 2.0" at Summer Davos

Speaking at the 17th Annual Meeting of the New Champions in Dalian, Premier Li Qiang said China's economy maintained steady momentum with first-quarter growth of 5%, presenting the country's domestic market and advanced manufacturing as ...

Binzhou Named National Pilot City for Intelligent Manufacturing Upgrade

China's ministries of industry and finance have selected Binzhou as a pilot city for manufacturing modernization, making the Shandong industrial center eligible for 300 million yuan in national funding to accelerate technological transfo...

China Expands Export Controls on Japanese Organizations Amid Technology Security Tensions

China's Ministry of Commerce has imposed new export restrictions on 40 Japanese organizations covering selected dual-use technologies, marking a further escalation in the economic security dispute between the two countries over strategic...

People's Bank of China Launches First Overnight Reverse Repo Operation to Refine Liquidity Management

The People's Bank of China injected 300 billion yuan into the banking system through its first overnight reverse repurchase operation, introducing a new tool designed to manage short-term liquidity with greater flexibility while leaving ...

Chinese Technology Stocks Track Diverging Impact of Global AI Demand

Investors are closely monitoring differences between hardware manufacturers benefiting from booming artificial intelligence infrastructure spending and consumer technology companies facing limited access to advanced semiconductors, contr...

Zhipu AI Plans STAR Market Listing Under New Technology IPO Framework

Artificial intelligence developer Zhipu AI is preparing a 15 billion yuan listing on the STAR Market after the exchange expanded access for frontier technology companies, providing a new funding avenue for domestic AI businesses.

Chinese Carmakers Face Falling Profits Despite Record Export Volumes

Industrial data showed automakers' profit margins fell 19.8 percent during the first five months of 2026 even as electric vehicle exports reached record levels, highlighting the impact of intense domestic price competition.

China Expands International Cooperation on Green Energy and Climate Initiatives

New policy documents reaffirm China's intention to strengthen collaboration with international partners on clean energy supply chains, industrial decarbonization and global climate governance while advancing domestic industrial upgrading.

China Links Higher-Quality Employment to Stronger Consumer Demand

Employment goals in the 15th Five-Year Plan place greater emphasis on improving job quality and strengthening social protection, reflecting policymakers' view that stable household incomes are essential to boosting domestic consumption.

China's Tier-One Housing Markets Show Early Signs of Stabilization

June property data indicates tentative price gains for new and existing homes in Beijing, Shanghai and Shenzhen, although much of the national housing market remains weak and developers continue to focus on higher-margin projects in majo...

China Approves Three-Year Energy Efficiency Drive Across Heavy Industry

Authorities have launched a nationwide campaign covering sectors including steel, aluminum, cement and oil refining through 2028, using differentiated electricity pricing to encourage efficiency upgrades and reduce carbon emissions.

ChangXin Memory Technologies Seeks Landmark Shanghai IPO to Expand Domestic Chip Production

Memory chip maker ChangXin Memory Technologies has filed for a 29.5 billion yuan listing on the STAR Market, a move that would become China's largest domestic initial public offering of the year if completed and strengthen the country's ...

Shanghai STAR Market Opens Listing Path for AI and Frontier Technology Companies

The Shanghai Stock Exchange has broadened STAR Market listing standards to include large language model developers alongside quantum computing and brain-computer interface firms, creating a larger pipeline for domestic technology initial...

China Accelerates Power Grid Upgrades to Support Distributed Renewable Energy

The Ministry of Industry and Information Technology is advancing infrastructure improvements to accommodate 900 gigawatts of distributed energy capacity, enabling greater integration of rooftop solar systems and residential energy storage.

China's Electric Vehicle and Battery Exports Continue Strong Growth

Customs data showed May exports of electric vehicles climbed 54 percent year-on-year to 10 billion dollars, while lithium battery exports rose 37 percent to 8 billion dollars, reinforcing the importance of high-tech manufacturing to Chin...

China Orders Banks to Increase Credit Support for Key Economic Sectors

The People's Bank of China has instructed major commercial lenders to expand credit allocation as policymakers seek to support industrial development, sustain liquidity and counter weak domestic demand.

China Gives Provincial Governments Greater Powers to Enforce Industrial Energy Standards

Provincial authorities will be able to impose electricity surcharges of up to 0.1 yuan per kilowatt-hour on heavy industrial producers that fail to meet new efficiency requirements, strengthening local enforcement of national carbon redu...

China Unveils 2026–2030 Energy Plan Targeting Cleaner Power Generation

The National Development and Reform Commission has set a goal for clean energy to account for 30 percent of electricity generation by 2030, while introducing new end-user non-fossil energy consumption targets to accelerate industrial dec...

China's Industrial Profits Stay Strong as AI-Driven Manufacturing Offsets Weak Domestic Demand

Official data showed industrial profits rose 21.1 percent year-on-year in May, extending double-digit growth as upstream industries and computer hardware manufacturers benefited from global demand for artificial intelligence infrastructu...