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CSRC reaffirms US listing access, issues first penalty for offshore filing

A new US listing registration by the Chinese securities regulator — the first in four months — signals that compliant channels for Chinese firms seeking to go public in the United States remain open, with authorities still in place to facilitate qualified listings, sources and experts said. The registration comes alongside the first penalty case…

China Eastern Airlines adds Shanghai to Tbilisi flights

Direct flights linking East China’s Shanghai and Tbilisi, the capital city of Georgia, are scheduled to begin service on July 15 by China Eastern Airlines, becoming the first route operated by the Shanghai-based carrier between China and Georgia. The Shanghai-Tbilisi route — a new destination added to China Eastern’s network in countries involved in the…

Ministry files complaint over EU bill’s foreign investment restrictions

China has submitted a complaint to the European Commission over the EU’s proposed Industrial Accelerator Act, warning that the legislation would create “serious investment barriers and institutional discrimination” against Chinese companies and vowing countermeasures if Brussels pushes ahead, the Ministry of Commerce said Monday. The ministry submitted its official comments to the European Commission on…

Aumovio deepens China-for-global strategy

Aumovio CEO Philipp von Hirschheydt delivers a speech at the Beijing auto show on April 25, 2026. [Photo provided to chinadaily.com.cn] German automotive supplier Aumovio announced two strategic partnerships on Saturday at the Beijing auto show, as it steps up efforts to support Chinese automakers’ global expansion. The company signed a global cooperation agreement with…

Property mkt may still need policy easing

A property project under construction in Dalian, Liaoning province. LIU DEBIN/FOR CHINA DAILY While China’s housing market has shown tentative recovery signals, a sustained rebound still hinges on continued policy easing, analysts and policy advisers said, with further scope remaining for interest rate reductions and purchase restriction removals. Their comments come as the sector is…

CNOOC sees record output in first quarter

CNOOC employees work at an oil and gas processing facility in Tianjin on Dec 1. DU PENGHUI/XINHUA China National Offshore Oil Corporation (CNOOC) achieved a net output of 205.1 million barrels of oil equivalent in the first quarter of 2026, a year-on-year increase of 8.6 percent, hitting a new historical high. Among them, the net…

EU Act poses serious investment barriers, institutional discrimination: Chinese commerce ministry

BEIJING — China’s Ministry of Commerce said Monday that the European Union (EU)’s Industrial Accelerator Act (IAA) poses serious investment barriers and constitutes institutional discrimination. A ministry spokesperson said the Act imposes multiple restrictive requirements on foreign investment in four strategic emerging industries — batteries, electric vehicles, photovoltaics and critical raw materials — and includes…

Auto China 2026 spotlighting AI-driven shift in car industry

Huawei showcases models featuring its Harmony Space 6 cockpit at Auto China 2026 in Beijing on April 24. LI FUSHENG/CHINA DAILY For years, auto shows have been primarily about new models. At Auto China 2026 in Beijing, it is increasingly about new systems — from AI-driven driving to centralized computing architectures. This year’s show, the…

Smartphone makers eye robotics as second growth curve

On a factory floor inside tech firm Xiaomi, its humanoid robot Cyber-One is learning to work. Another humanoid robot built by smartphone maker Honor is preparing to run a half marathon in Beijing. Two scenes, miles apart, but one question connecting them. Why are Chinese smartphone makers moving quickly to develop humanoid robots? That contrast…