05/25
2026 Mon.
At the 2026 IEEE International Symposium on Circuits and Systems (ISCAS)in Shanghai on Monday,during a keynote speech titled "Exploration and Practice of New Paths for Semiconductors,"Huawei board member and semiconductor business president HE Tingbo formally introduced what she called the “Tau Law.” According to Huawei, this is the first time a Chinese company has proposed a new principle intended to guide semiconductor industry development globally. HE said Huawei has designed and mass-produced 381 chips over the past six years based on the principle. She also said Huawei plans to launch a new Kirin smartphone chip this autumn using what the company described as "logic folding"technology, which would significantly improve performance.
Six Chinese companies including Nanjing Innovation Investment Group, Shanghai Guosheng Group and Shougang Group issued seven technology innovation bonds worth a combined 8.6 billion yuan on Monday, as issuance in the sector continues to accelerate. Wind data showed 760 technology innovation bonds had been issued as of May 24 this year, with total issuance reaching 801.3 billion yuan, far exceeding the same period last year. Analysts attributed the surge to policy support, lower financing costs and a broader range of issuers entering the market. China has increasingly promoted technology innovation bonds as a financing channel for strategic and hard-tech sectors, as policymakers seek to direct more capital toward industrial upgrading and technological self-reliance.
05/22
2026 Fri.
China has expanded its technology innovation and equipment upgrade relending program from 500 billion yuan to 1.2 trillion yuan this year, as Beijing steps up support for industrial upgrading and equipment renewal. Speaking at a press conference on Friday, Li Chao, deputy director-general of the National Development and Reform Commission's Policy Research Office, said the program's coverage has been broadened to 14 sectors, including electronic information, artificial intelligence, facility agriculture and consumer commercial facilities. The relending rate has been lowered from 1.75% to 1.25%, while fiscal interest subsidies for equipment upgrade loans were raised from 1 percentage point to 1.5 percentage points. Li said private small and medium-sized enterprises with relatively high R&D spending have also been included in the support scope. Authorities have already launched screening for the first batch of 2026 projects and will forward approved project lists to financial institutions to accelerate financing support.
Yonghui Superstores said late Wednesday that an arbitration ruling involving Dalian Yujin Trading, Wang Jianlin, Sun Xishuang and Dalian Yifang Group has officially taken effect. The company said it had applied to a court for enforcement, and the court has accepted the case and formally opened enforcement proceedings. The dispute involves 3.639 billion yuan (US$500 million) in unpaid remaining share transfer payments, as well as related penalties, legal fees and arbitration costs, according to the filing. The arbitration ruling was issued by the Shanghai International Economic and Trade Arbitration Commission. The case adds to mounting financial pressure surrounding Wanda-linked entities as some of the group's past investment and asset transactions continue to face repayment and restructuring challenges.
China's shipbuilding industry extended its global lead in the first quarter of 2026, with new orders, completed vessels and order backlog all ranking first worldwide, according to official data. New shipbuilding orders surged 195.2% year on year, while order backlog rose 43.6%, accounting for nearly 70% of the global total. Several Chinese shipyards have already secured orders through 2030. China ranked first globally in new orders for 15 of the world's 18 major ship types in the quarter, according to the Ministry of Industry and Information Technology. Chinese shipbuilders captured more than 90% of global orders for very large crude carriers, bulk carriers and large container ships with capacities exceeding 10,000 containers. On April 28, the world's first LNG dual-fuel car carrier capable of transporting 10,800 vehicles was delivered in Guangzhou's Nansha district, setting a new capacity record for its class. China has rapidly expanded its position in global shipbuilding in recent years, supported by strong demand for commercial shipping, green vessels and vehicle carriers tied to the country's booming auto exports.
05/21
2026 Thu.
China's General Administration of Customs on Thursday outlined newly introduced measures supporting development of the Guangdong-Hong Kong-Macao Greater Bay Area, highlighting the region's growing role in the country's foreign trade. Speaking at a press conference in Guangzhou, customs officials said total imports and exports in the mainland's nine Greater Bay Area cities exceeded 9 trillion yuan in 2025. Trade in the first four months of 2026 reached a record 3.4 trillion yuan, up 18.4% year on year despite a high comparison base, according to the customs authority. Officials said the region contributed roughly a quarter of China's total foreign trade growth during the period, underscoring the Greater Bay Area's resilience and economic vitality. The Greater Bay Area, which includes Hong Kong, Macau and major Guangdong cities such as Shenzhen and Guangzhou, is one of China's most economically dynamic regions and a major hub for manufacturing, technology and cross-border trade.
05/19
2026 Tue.
China's tablet computer shipments fell 4.8% year on year to 8.11 million units in the first quarter of 2026, according to a new report from IDC. IDC said the market is shifting away from growth driven by device replacement demand and government subsidy policies toward a more rational phase led by product competitiveness and real consumer demand. The research firm said the transition is likely to put short-term pressure on shipments, but reflects a broader maturation of China's tablet market.
Beijing-based GalaxySpace on Monday unveiled a deployable "umbrella antenna"for low-Earth-orbit satellites, which it described as the first high-performance spaceborne antenna of its kind developed by a private Chinese aerospace company. The company said the antenna can deliver communication performance up to 10 times stronger than its earlier mechanically steerable Q/V-band antennas while taking up far less launch space inside a rocket fairing. Designed to fold before launch and automatically deploy in orbit, the antenna is intended for broadband satellite communications and future direct-to-cell connectivity services. GalaxySpace also said it had developed a new mesh-forming manufacturing process that improves production efficiency by more than 70%, reflecting China's broader push toward industrialized commercial aerospace manufacturing.
Xiaomi founder, chairman and CEO Lei Jun said on Tuesday that the Xiaomi YU7 GT had set a new Nürburgring lap record for SUVs, posting a time of 7 minutes and 34.931 seconds. Lei also said Xiaomi Auto chief test driver Ren Zhoucan had become the first Chinese driver to receive official Nürburgring lap certification. Germany's Nürburgring Nordschleife has become a key proving ground for Chinese EV makers seeking to showcase performance and raise their global profile.Xiaomi has increasingly leaned on performance branding as competition in China's EV market intensifies.
Authentic Brands Group and Guess have partnered with Hangzhou-based Ruisi Haishang to oversee the local operations and development of GUESS in mainland China, Jiemian Newshas learned exclusively. The partnership marks the first major move in the Chinese market since Authentic acquired a majority stake in GUESS'intellectual property rights earlier in 2026. Ruisi Haishang, established in March 2026, is a joint venture between Hangzhou Quanshang Technology and Yinian Huasheng. Quanshang Technology operates domestic fashion brands including Duibai and One Moment, while also introducing and managing international labels such as MMLG and Vera Wang in China. Its partner, Yinian Huasheng, is a retail operator for brands including MLB, Hunter, Salomon and Mammut, reflecting growing overlap between fashion, sportswear and outdoor retail in China's consumer market.
