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Digital Currency Showcase The 2026 China International Finance Exhibition, held June 16-18 in Shanghai under PBOC guidance, featured a dedicated digital yuan zone. The event deepened cooperation with the Digital Currency Research Institute around the e-CNY operation management center and
Income Stable, Spending Subdued China's household consumption showed weakness in Q1 2026, characterized by 'stable income, weak consumption, and cautious expectations,' according to a report released May 26. Per capita annual household income stood at 52,
Hong Kong Becomes Primary Listing Venue Chinese companies raised 277.7 billion yuan through 161 IPOs globally in the first half of 2026, up 93.75% year-on-year. Hong Kong emerged as the main fundraising channel for Chinese enterprises, according to
Record-Breaking NEV Export Growth China's new energy vehicle (NEV) exports reached 430,000 units in April 2026, up more than 110% year-on-year, setting a new record for the period, according to the China Association of Automobile Manufacturers. Cumulative
Strong First Quarter Performance Hong Kong's economy expanded 5.9% year-on-year in Q1 2026, matching preliminary estimates and outpacing the previous quarter's 4.4% growth. The Hong Kong SAR government released the figures on May 15,
Foreign Direct Investment Moderates China attracted 327.29 billion yuan in actual foreign direct investment (FDI) in the first five months of 2026, down 8.6% year-on-year, according to the Ministry of Commerce. However, the number of newly established foreign-invested
Major AI Summit Opens in Shanghai President Xi Jinping delivered a keynote speech at the opening ceremony of the 2026 World AI Conference and AI Global Governance High-Level Meeting on July 17 in Shanghai. The event brought together global leaders,
Loan Prime Rates Remain Unchanged The People's Bank of China (PBOC) announced on July 20, 2026 that the loan prime rate (LPR) remained steady: the 1-year LPR held at 3.0%, while the 5-year LPR stayed at 3.
PMI Rebounds Into Expansion Territory China's manufacturing purchasing managers' index (PMI) rose to 50.3% in June 2026, up 0.3 percentage points from May and returning to expansion territory above the 50-point threshold, NBS data showed.
Growth Slows but Remains Resilient China's economy expanded 4.7% year-on-year in the first half of 2026, according to the National Bureau of Statistics (NBS) on July 15. Gross domestic product reached 69.57 trillion yuan (approximately $10.