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State Council Unveils 2026–2030 Urban Renewal Blueprint China's State Council has released a comprehensive Urban Renewal Action Plan covering 2026 to 2030, targeting the redevelopment of aging urban infrastructure, the expansion of affordable housing, and the integration
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.
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.
Fiscal Revenue Accelerates as Industry Mix Shifts Shanghai's local public budget revenue grew more than 5% year-on-year in the first half of 2026, the city's statistics bureau reported on July 20 — a performance that reflects both
From Auto to Appliances: A Consumption Policy Powerhouse China's trade-in subsidy programme — a multi-round effort to stimulate domestic consumption by subsidising the replacement of old consumer goods — has cumulatively channelled more than 1 trillion yuan in effective consumer
Xi Opens China's AI Showcase Chinese President Xi Jinping delivered the opening keynote at the 2026 World Artificial Intelligence Conference (WAIC 2026) in Shanghai on July 17, the State Council Information Office confirmed. This marks the ninth consecutive
A New Milestone for Food Security China harvested a record 150 million tonnes of summer grain in 2026, the first time the milestone has been crossed, the Ministry of Agriculture and Rural Affairs confirmed on July 10. The figure represents
Aging China Sets Ambitious Health Goals China's National Health 15th Five-Year Plan (2026–2030), published in 2026, has set a headline target of raising the national average life expectancy to 80 years by 2030, up from 79.25
From Building New to Renewing Old The State Council released the Urban Renewal 15th Five-Year Plan (2026–2030) in May 2026, charting a strategic shift in China's urban development model from greenfield construction toward the regeneration and upgrading