01/16
2026 Fri.
China and Canada have renewed a bilateral local-currency swap agreement, extending a framework designed to support trade, investment and financial stability between the two countries. The People's Bank of China said it has renewed the agreement with the Bank of Canada, with a swap size of 200 billion yuan. The agreement has a five-year term and can be extended by mutual consent. Approved by China's State Council, the renewed swap line is intended to strengthen financial cooperation, promote the use of local currencies in bilateral transactions, and facilitate trade and investment, the central bank said.
01/13
2026 Tue.
China has issued a national technical standard to quantify the economic value of ecosystems, providing an official framework to measure the country's long-promoted concept that “lucid waters and lush mountains are invaluable assets". The guideline, released by the State Administration for Market Regulation, sets out standardized methods for calculating Gross Ecosystem Product (GEP) for land-based ecosystems. GEP refers to the total monetary value of ecosystem goods and services generated within a given region during a specific accounting period, net of ecosystem products sourced from outside the area, and is used to assess ecosystems'contributions to economic and social development. The standard establishes a unified technical workflow, indicator system and valuation methodology for GEP accounting, with clear requirements for data use, calculation methods and reporting formats. It is intended to provide a scientifically grounded and operationally consistent basis for ecosystem valuation nationwide, and to support the transition of ecosystem value accounting from pilot programs to institutionalized, routine application, helping translate ecological advantages into broader economic and social gains.
01/12
2026 Mon.
Honor, a Chinese smartphone maker spun off from Huawei, said overseas markets accounted for more than half of its smartphone sales in 2025 for the first time, after global shipments rose to more than 71 million units, up 9% year on year. Overseas shipments jumped 47% from a year earlier, the company said, driving the shift in its sales mix as it accelerates expansion outside China amid intensifying competition in the domestic market. Honor also said it will disclose more details of its first AI concept product, the Honor ROBOT PHONE, at Mobile World Congress in March.
01/07
2026 Wed.
by XIAO Fang TikTok Shop's gross merchandise value (GMV) approached $100 billion in 2025, as the short-video platform's e-commerce arm scaled rapidly across global markets, people familiar with the matter told Jiemian News. Active consumers on TikTok Shop reached about 400 million last year, the sources said. By GMV, the platform ranked fifth among major e-commerce players, behind Amazon, Walmart, Shopee and eBay, while recording the fastest growth. Fourth-quarter GMV exceeded $25 billion, lifted by Black Friday promotions and surpassing eBay over the period, the sources said. In December alone, TikTok Shop's globalGMV overtook Shopee. Launched in 2021, TikTok Shop now operates in 17 markets worldwide, including the United States, Japan, and countries across Europe, Southeast Asia and Latin America.
01/06
2026 Tue.
Chinese large language model startup MiniMax closed its Hong Kong IPO subscription on Jan 6, with the retail tranche oversubscribed 1,209 times, Chinese financial media outlet China Business Network reported, citing data from Futu Securities. Margin financing for the offering topped HK$253.3 billion, the report said. A filing from Hong Kong Exchanges and Clearing showed that MiniMax is expected to start trading on Jan 9. The company plans to offer 25.4 million shares in Hong Kong at an indicative price range of HK$151 to HK$165 per share, raising an estimated HK$3.83 billion to HK$4.19 billion.
01/05
2026 Mon.
Samsung Electronics and SK Hynix are reportedly seeking to raise prices for server DRAM by as much as 70% amid tightening supply and strong demand driven by AI data center expansion.
by XU Meihui AgiBot said its robot shipments exceeded 5,100 units in 2025 and are projected to reach "tens of thousands"in 2026 if the current pace is sustained, according to ZHU Jie, the company's director of government affairs. The company delivered its 5,000th general-purpose embodied robot in December, marking the start of scaled mass production. Founderand chairman DENG Taihua has said AgiBot generated revenue in the tens of millions of yuan in 2024, with 2025 revenue potentially exceeding 1 billion yuan, and that both shipments and revenue are expected to grow by multiples in 2026 as commercialization accelerates.
12/26
2025 Fri.
China's gross domestic product in 2024 was revised slightly lower after final verification, while the growth rate remained unchanged, the National Bureau of Statistics said on Friday. GDP at current prices totaled 134.81 trillion yuan, down 101.8 billion yuan from the preliminary estimate. In real terms, the economy grew 5.0% year on year, the same as initially reported. The downward revision mainly came from the secondary sector, whose value added was cut by 178.2 billion yuan, while the primary and tertiary sectors were revised up. The financial industry saw the largest single adjustment, with value added revised down by 158.8 billion yuan. Despite the technical revision, the outlook remains steady. International institutions including the International Monetary Fund and Goldman Sachs have recently raised their growth forecasts for China, while officials expect GDP growth this year to remain around 5%.
12/22
2025 Mon.
Hong Kong's initial public offering market ranked first globally by funds raised in 2025, Hong Kong Exchanges and Clearing said on Dec 22. Average daily turnover in the cash market reached a record HK$230.7 billion in the first 11 months of the year, up 43% from a year earlier, the exchange said. As of Dec 19, 106 companies had listed in Hong Kong this year, raising a combined HK$274.6 billion. Four of the deals ranked among the world's top 10 IPOs by proceeds in 2025. Listed companies also raised $66 billion through follow-on offerings, HKEX said.
A new company, Hubei New Internet Exchange Centre Co., has been established in Hubei with registered capital of 100 million yuan, according to corporate registry Tianyancha. The firm is jointly owned by Tianyi Capital under China Telecom, Hubei Big Data Group, telecom equipment maker FiberHome Technologies, and Hubei Radio and Television, with YIN Binglin as its legal representative. Compared with traditional internet exchange points, China's new-type internet exchange centres adopt new operating models and technologies to improve data and resource flows while lowering deployment costs for companies. The model is being promoted nationwide, with pilot projects in Hangzhou, Shenzhen's Qianhai, Shanghai's Lingang and Wuhan, and is positioned to support emerging services such as computing power scheduling.
