China's People's Liberation Army has begun coordinated live-fire exercises in the Bohai, Yellow, East China and South China Seas following Taiwanese President Lai Ching-te's National Day address, prompting Taiwan to raise its military readiness amid concerns about potential disruptions to regional shipping routes.
China Prepares Fresh Economic Stimulus to Meet 5% Growth Target
China's top economic planner, Zheng Shanjie, has pledged targeted stimulus measures in the fourth quarter to support the country's 5% annual growth target, while Beijing has authorised local governments to use 550 billion yuan in previously unused borrowing quotas to ease budget pressures and finance infrastructure projects.
China and EU Reach New Trade Arrangement Covering Electric and Hybrid Vehicle Exports
China's Ministry of Commerce has outlined a new trade arrangement with the European Union following negotiations in Brussels, seeking to maintain access for Chinese electric and hybrid vehicles despite European tariff concerns surrounding the expansion of China's $7.5 billion hybrid export market.
China Unveils National Blockchain Infrastructure Plans to Strengthen Technology Independence
China's Communist Party leadership and State Council have issued new policy guidelines calling for the development of a national blockchain network and faster adoption of advanced manufacturing technologies, reinforcing Beijing's efforts to strengthen domestic technological capabilities.
Chinese Financial Regulators Prepare Cross-Border Investment and Digital Market Reforms
The People's Bank of China, the State Administration of Foreign Exchange and the securities regulator plan to announce coordinated reforms at Beijing's Financial Street Forum, focusing on artificial intelligence in capital markets and expanded cross-border financing to support businesses.
China Tightens Food Safety Rules for Online Retailers and Livestream Shopping Platforms
Chinese authorities have introduced stricter food safety guidelines targeting e-commerce marketplaces, rapid delivery services and livestream shopping platforms, alongside plans to strengthen legal enforcement and restrictions on food additives.
Shenzhen-Hong Kong Border Opens Modernised Huanggang Port to Improve Cross-Border Travel
Chinese customs and immigration authorities have opened the upgraded Huanggang Port crossing between Shenzhen and Hong Kong, reducing travel times and improving connections within the Greater Bay Area while increasing competition between mainland and Hong Kong commercial centres.
China's Jinguan Electric Subsidiary Wins $296 Million African Solar Infrastructure Contract
Shares in Chinese electrical equipment manufacturer Jinguan Electric reached their daily trading limit after its Shenzhen-based subsidiary secured a $296 million contract to build 50 solar power, energy storage and charging facilities across Africa, expanding the company's presence in overseas renewable energy markets.