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China’s Seven Ministries Set 60 Trillion Yuan Retail Target for 2030 in Sweeping Consumption Upgrade Plan
Read more: China’s Seven Ministries Set 60 Trillion Yuan Retail Target for 2030 in Sweeping Consumption Upgrade PlanSeven Chinese ministries led by the Ministry of Commerce have jointly released a comprehensive implementation plan to expand and upgrade goods consumption, setting an ambitious target of lifting total retail sales of consumer goods to approximately 60 trillion yuan (about US$8.4 trillion) by 2030. The Implementation Opinions on Promoting the Expansion and Upgrading of Goods Consumption, issued under…
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Beijing Shifts Investment Promotion From “Preferential Deals” to “Business Environment” as Cabinet Passes Draft Tax Administration Law
Read more: Beijing Shifts Investment Promotion From “Preferential Deals” to “Business Environment” as Cabinet Passes Draft Tax Administration LawThe State Council on Monday steered China’s investment-promotion machinery away from subsidy-and-incentive competition toward a model built on business environment, industrial ecosystem and high-quality government services, while passing a draft revision of the Tax Administration Law that officials say will advance tax fairness and improve fiscal governance. Presiding over the executive meeting, Premier Li Qiang…
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SHEIN Debuts on HKEX: Shares Open Flat, Slide Nearly 10% Intraday Before Closing Slightly Lower
Read more: SHEIN Debuts on HKEX: Shares Open Flat, Slide Nearly 10% Intraday Before Closing Slightly LowerSeptember 1, 2026 (InvestinChina.asia) — SHEIN International Holding Co., Ltd. (stock code: 00625.HK, ticker: SHEIN-W) made its long-awaited debut on the Main Board of the Hong Kong Stock Exchange on Tuesday, opening flat at the final issue price of HKD48.56 per share before sliding as much as nearly 10% intraday to a low of HKD43.72.…
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China Issues Guidelines for Automakers’ Overseas Competition and Compliance, Targeting Pricing, Data Security and Antitrust Risks
Read more: China Issues Guidelines for Automakers’ Overseas Competition and Compliance, Targeting Pricing, Data Security and Antitrust RisksSeptember 1, 2026 (InvestinChina.asia) – China has unveiled its first dedicated guidelines governing the overseas competitive conduct and compliance practices of its automotive companies, in a move designed to rein in disorderly price competition and provide a systematic risk-management framework for an industry rapidly scaling up its global footprint. The Guidelines for Overseas Competition Conduct and…
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China Ends 32-Year Tax Exemption on Foreign Investors’ Dividends from Foreign-Funded Firms
Read more: China Ends 32-Year Tax Exemption on Foreign Investors’ Dividends from Foreign-Funded FirmsSeptember 1, 2026 (InvestinChina.asia) — China has repealed a 32-year-old tax exemption that allowed foreign individuals to receive dividends and bonuses from foreign-invested enterprises (FIEs) without paying personal income tax, the Ministry of Finance (MOF) and the State Taxation Administration (STA) announced on Tuesday. Under Announcement No. 27 of 2026, released by the two departments on…
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China’s Solar PV Capacity Surpasses Coal Power for the First Time, Reshaping Power Supply
Read more: China’s Solar PV Capacity Surpasses Coal Power for the First Time, Reshaping Power SupplySeptember 1, 2026 (InvestinChina.asia) — China’s installed photovoltaic (PV) capacity has surpassed coal-fired power for the first time, making solar photovoltaics the country’s largest power source by installed capacity, the National Energy Administration (NEA) announced on Tuesday. As of the end of July, China’s cumulative PV capacity reached 1.286 billion kilowatts (1,286 GW), narrowly exceeding coal-fired…
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Z.AI (Zhihpu) H1 2026: Revenue Surges 399.7% as Business Model Pivots to Cloud APIs; Adjusted Loss Still Widens
Read more: Z.AI (Zhihpu) H1 2026: Revenue Surges 399.7% as Business Model Pivots to Cloud APIs; Adjusted Loss Still WidensAugust 31, 2026 (InvestinChina.asia) — Z.AI Co., Ltd. (formerly Beijing Zhihpu Huazhang Technology Co.), trading as Zhihpu (02513.HK), on Monday reported its first interim results since listing, with revenue soaring 399.7% year on year to 953.9 million yuan, even as the underlying business model underwent a dramatic restructuring that dragged overall gross margin lower and…
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China’s State-Owned Enterprises: January–July Profit Edges Up 0.6% as Revenue Slips 2.4%
Read more: China’s State-Owned Enterprises: January–July Profit Edges Up 0.6% as Revenue Slips 2.4%August 31, 2026 (InvestinChina.asia) — Profits at China’s state-owned and state-holding enterprises (SOEs) rose a modest 0.6% year on year in the first seven months of 2026, even as total operating revenue declined, the Ministry of Finance said on Monday. Combined profit of the SOE cohort reached 2,508.99 billion yuan (approximately $349 billion) over the January–July period,…
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Domestic AI Compute Boom Confirmed as Metax, Cambricon, Hygon All Report Surging Demand
Read more: Domestic AI Compute Boom Confirmed as Metax, Cambricon, Hygon All Report Surging DemandAugust 31, 2026 (InvestinChina.asia) — Metax Integrated Circuit (Shanghai) Co. (688802.SH) on Monday released its first half-year report since listing on the STAR Market in December 2025, posting revenue of 1.32 billion yuan and a return to headline profit, even as its underlying operating performance remained in the red for the six-month period. The results…