China's foreign trade rose 18.8% in yuan terms during the first nine months of 2026, supported by a sharp increase in September exports. Strong shipments of semiconductors, artificial intelligence components and vehicles ahead of planned European Union tariffs helped drive the growth.
China's Central Bank Reports Lending Rebound as Total Financing Reaches 3.55 Trillion Yuan
China's new bank lending recovered to 1.1 trillion yuan in September, exceeding analysts' forecasts, while total social financing reached 3.55 trillion yuan. Increased government bond issuance also contributed to the rise, suggesting that recent monetary easing measures are beginning to support credit growth.
IMF Warns China's Export-Led Growth Cannot Offset Weak Domestic Demand Indefinitely
The International Monetary Fund has cautioned China against relying too heavily on exports to sustain economic growth. With trade surpluses approaching record levels, the IMF warned that continued weakness in household consumption and the property market requires broader economic reforms.
Nvidia's Share of China's AI Chip Market Falls to 34% Amid US Export Restrictions
US semiconductor company Nvidia saw its share of China's artificial intelligence chip market decline to 34% in the first half of 2026, according to a new industry analysis. The decline reflects tighter American export controls and growing competition from Chinese chipmakers.
China Approves Visa's Domestic Payment Clearing Operations After Nine-Year Wait
The People's Bank of China has authorized US payments company Visa to establish a domestic clearing operation after a nine-year application process. The approval allows Visa to process yuan-denominated card transactions within mainland China, marking a further opening of the country's financial services market.
China Cuts Electric Vehicle Export Tax Rebates as Domestic Sales Share Reaches 61.6%
Chinese authorities have announced plans to reduce export tax rebates for new energy vehicles to 9% from April 2027. The policy change comes as electric and hybrid vehicles account for a record 61.6% of new car sales in China, reflecting the growing maturity of the domestic market.
China's CanSemi Shares Jump 223% in Shenzhen Debut After 6.2 Billion Yuan IPO
Guangzhou-based semiconductor manufacturer CanSemi surged 223% in its first trading session on the Shenzhen stock exchange after raising 6.2 billion yuan. Strong investor demand highlights continued interest in domestic chip manufacturing as China seeks to expand its semiconductor industry.
China's Solar Manufacturers Agree on Minimum Pricing to Ease Industry Price War
Major Chinese polysilicon producers have reached an agreement to establish minimum pricing levels following an industry association meeting. The move aims to curb aggressive price competition that has sharply reduced profit margins across China's solar manufacturing industry.
ByteDance Establishes Independent AI Safety Department for Advanced Language Models
TikTok parent ByteDance has created a dedicated department responsible for artificial intelligence model safety, alignment and risk management. The company is described as the first major Chinese AI developer to establish an independent internal unit focused specifically on these responsibilities.
More Than 150 Chinese Apps Restrict Access for ByteDance's Doubao AI Assistant
More than 150 major Chinese mobile applications, including Tencent's WeChat and Alibaba's Taobao, have declined to allow automated access by ByteDance's Doubao AI phone assistant. The restrictions highlight growing competition between technology platforms and the challenges facing AI tools designed to operate across multiple apps.
Tencent Introduces WorkBuddy AI Agent to Automate Enterprise Office Tasks
Chinese technology company Tencent has integrated its WorkBuddy artificial intelligence agent into its enterprise software services. The tool allows business users to automate multiple office tasks through natural language instructions as Tencent expands its commercial AI offerings.
China Allocates 67% of New Central