The National Financial Regulatory Administration announced the release of new guidelines on the safe development and application of AI in the banking and insurance sectors on Thursday. The guidelines call for stronger risk-based and tiered management of the development and application of artificial intelligence at banking and insurance institutions to effectively address the challenges posed…
Hong Kong is set to launch futures contracts based on renminbi treasury bonds on Aug 3, enriching offshore hedging tools for managing exposure to RMB assets and marking a milestone in the city’s efforts to support yuan internationalization. The product, announced by Hong Kong’s Securities and Futures Commission on Thursday, will use five-year China Government…
A Sino-Pakistani joint venture tire manufacturer debuted on the Pakistan Stock Exchange (PSX) on Monday, in a move market participants described as the first listing by a Chinese-invested company on the country’s bourse. [Photo provided to chinadaily.com.cn] The successful listing of a Sino-Pakistani tire manufacturer on Pakistan’s stock market may have paved the way for…
Business leaders highlighted the unique strengths of Chinese market during the seventh Qingdao Multinationals Summit which was held in Qingdao, East China’s Shandong province, from June 15-17. The summit, themed “Multinationals and China: Advancing with the 15th Five-Year Plan for Innovation and Future Growth”, brought together 357 multinational companies across 44 countries and regions to…
China’s industrial competitiveness is built on intense market competition, a well-coordinated industrial system and an improving business environment, not simply government subsidies, a spokeswoman for the National Development and Reform Commission has said. Li Chao made the remarks in response to media questions on reports attributing Chinese companies’ rising global market shares in some key…
A Tianjin aerospace firm’s homegrown carbon fiber composite payload fairings cut rocket weight by over 20 percent, delivering a game-changing Chinese solution that now serves more than 90 percent of China’s domestic commercial launch vehicles and fuels the fast growth of global commercial spaceflight. “We pioneered an integrated product team R&D model that unites design,…
Beijing has ramped up its consumer goods trade-in program to stimulate market vitality and promote a green transition, driving over 21 billion yuan ($3.1 billion) in sales of new cars and home appliances in the first half of 2026. Lu Huiling, deputy director of Beijing’s municipal commerce bureau, emphasized the importance of broad public mobilization,…
An aerial drone photo taken on Feb 26, 2026 shows China-Europe freight trains waiting for outbound departure at Manzhouli Railway Station in Manzhouli city, North China’s Inner Mongolia autonomous region. [Photo/Xinhua] China’s ongoing industrial upgrading and the launch of the China (Inner Mongolia) Pilot Free Trade Zone in April will create fresh momentum for China-Europe…
While emerging technologies are rapidly reshaping the global market landscape, China will accelerate its capital market reform to facilitate the development of new quality productive forces and the restructuring of traditional industries, which is integral to the country’s high-quality economic growth, said Wu Qing, chairman of China Securities Regulatory Commission. Wu made the comments on…
China will establish a new liquidity facility for overseas central banks and official institutions, said People’s Bank of China Governor Pan Gongsheng, in what analysts describe as a proactive step toward boosting global demand for yuan assets. Pan Gongsheng Speaking at the 2026 Lujiazui Forum on Wednesday, Pan announced the establishment of the RMB Repo…