South China Morning Post - China Economy

Five years after graduating from a vocational school in the southern Chinese tech hub of Shenzhen, Chen Hao found himself working as a salesman for a local electronics factory. His daily routine involved exhausting trips between corporate clients, and he had not seen a pay rise for years. The 26-year-old decided he wanted a change. “Everybody in Shenzhen is talking about artific...

On the surface, China’s cutting-edge tech sector – from the algorithmic breakthroughs of DeepSeek and Zhipu AI to the hardware of Unitree Robotics and ChangXin Memory Technologies (CXMT) – mirrors Silicon Valley’s venture capital-backed ecosystem. But a closer look at their financing histories reveals a common investor: the Chinese state. Beijing’s strong presence underscores a ...

China has offered to assist Indonesia in improving its manufacturing sector and increasing the added value of its commodities, likely in a move to position Chinese companies for unique access to Indonesia’s unprocessed minerals, which Jakarta bans from export. Beijing’s ambassador to Jakarta, Wang Lutong, said “supply chain and industrial integration”, among other closer economi...

Chinese companies are deepening their participation in South Korea’s energy sector as state-owned nuclear giant CGN Energy International begins operations at a self-developed power project, helping supply China’s power-hungry neighbour amid a surge in electricity demand driven by an artificial intelligence boom. The gas-fired facility, located in Seosan, northwestern South Korea...

Beijing has pledged to upgrade the China-Europe Railway Express and stepped up development of a southern rail route that bypasses Russia, as the railway network struggles to keep pace with surging demand for Chinese exports such as electric vehicles and air conditioners. The General Administration of Customs would support the construction of assembly centres and hub cities for t...