As the plenary session of the second Senior Officials' Meetings, or SOM2, of APEC 2026 opened in Shanghai on Monday, delegates from across the Asia-Pacific region are urging stronger collaboration on artificial intelligence, trade resilience, and multilateral cooperation in the face of global uncertainty.

About one-quarter of foreign-owned companies currently operating in Russia were founded by Chinese citizens or organizations, according to a study reported by Russian state media, highlighting expanding business ties between Beijing and Moscow.

China is ramping up coordination between fiscal and monetary tools to further unleash consumption potential and energize private investment, in a bid to fuel a broad expansion in domestic demand, officials and business executives said.

State-run oil company Sinopec has just launched a domestically developed 103-octane racing fuel in China's Xinjiang Uygur Autonomous Region, a move that could reduce the country's dependence on imported fuel for top-tier motorsports events, according to media reports.

China's investment in property development decreased in the first four months of 2026, down 13.7 percent year on year, the National Bureau of Statistics said Monday.

China's value-added industrial output increased by 5.6 percent year on year in the first four months of 2026, official data showed on Monday.

China's fixed-asset investment dropped 1.6 percent year on year in the first four months of 2026, official data showed on Monday.

China's South-to-North Water Diversion Project has transferred more than 88 billion cubic meters of water to northern regions since operations began, benefiting nearly 200 million people, according to official data released in May.

FIFA officials visited Beijing on Thursday for talks with Chinese football authorities and state broadcaster CCTV as negotiations continued over television rights for upcoming World Cups, according to Chinese media reports.

Chinese researchers have cloned six high-yield dairy goats for the first time, marking a breakthrough that could help accelerate livestock breeding and improve domestic dairy production, according to Northwest A&F University.
Chinese brands have evolved from being known mainly for affordability to becoming synonymous with technological innovation, creating unique value for global markets, an Azerbaijani economist has said.

LONDON, May 14--Chinese-made electric vehicleshave become increasingly visible in the British market, David Bailey, professor of business economics at the University of Birmingham, said in a written interview with Xinhua on Thursday.

China's digital industry revenue rose 12.9% year on year to 9.5 trillion yuan ($1.4 trillion) in the first quarter, while profits increased 23.6% to 737.8 billion yuan, according to official data released Thursday.

China has approved 235.7 billion cubic meters of proven geological reserves at an ultra-deep shale gas field in the Sichuan Basin, marking a major step in the country's push to expand domestic energy supplies, according to media reports.

The Chinese and U.S. delegations convened on Wednesday for consultations on economic and trade issues at Incheon International Airport in South Korea.
A giant smart aquaculture ship developed in Qingdao, Shandong province has successfully harvested its first batch of premium salmon, marking a breakthrough in China's push toward high-quality deep-sea fisheries.

China's market regulator has conditionally approved Tencent's acquisition of podcasting and audio platform Ximalaya, imposing a series of restrictions aimed at curbing anti-competitive behavior in China's rapidly expanding online audio and music streaming markets.

The International Organization for Standardization (ISO) has issued five international standards in the natural gas sector led by China, according to media reports.

U.S. State Dept: New Round of Economic Fury Sanctions Targets IRGC Oil Operations
Haikou Customs supervised 22.22 billion yuan ($3.08 billion) in offshore duty-free sales since a revised policy took effect in November 2025.
The bullish momentum recently seen in the Chinese market is likely to continue thanks to the structural opportunities provided by the countrys rapid adoption of emerging technologies and ongoing economic recovery, said experts.

A new round of China-US economic and trade talks is vital to reducing business uncertainties and improving global economic confidence amid persistent geopolitical and trade challenges, experts and business executives said on Monday.

China's factory-gate inflation accelerated for a second consecutive month in April, reaching its fastest pace in nearly four years as rising global energy prices linked to Middle East tensions pushed up manufacturing costs.

Chinese regulators fined two social media users a combined 450,000 yuan ($66,000) for spreading false claims about AI chip orders linked to a listed company, in a sign of tighter scrutiny of market rumors.

China purchased more than 338 million metric tons of autumn grain from the 2025 harvest season by the end of April, marking one of the highest levels in recent years, according to official data released on Sunday.

The two sides will be guided by the important consensus reached between the two heads of state at their meeting in Busan and during previous calls, and will hold consultations on economic and trade issues of mutual concern, according to the ministry.

ABUJA, May 10--Chinas implementation of a zero-tariff policy for 53 African countries is beneficial for Nigerian exporters and helps strengthen bilateral trade between the two nations, a Nigerian official said on Sunday.

China issued 3.1 trillion yuan ($456 billion) worth of local government bonds in the first quarter of 2026, including 1.42 trillion yuan in new debt, according to data released by China's Ministry of Finance on Friday.

Two men in China were sentenced to prison for illegally obtaining and selling more than 900 million personal data records used in so-called "open-box" cyberbullying, the Supreme People's Court of China said.

China's property market showed increased activity during the May Day holiday as several cities introduced fresh support measures aimed at boosting home purchases after a prolonged downturn.
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