The Business Source

The Business Source is a valuable business news and commentary platform at The Global Times, under the People's Daily. Web:

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China has issued a guideline on Friday requiring to fully ensure #equal treatment for domestic and foreign-invested enterprises in government #procurement according to relevant laws. This was a follow-up to a September notice regarding the implementation of domestic product standards and related policies for government procurement, which was scheduled to enter into force from January 1, 2026. https://t.co/CSHzbEAcF8

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#GraphicAnalysis 2025 is a truly extraordinary year for China. #AI, humanoid #robots, fastest high-speed train in test... These graphics show China’s sci-tech achievement in 2025 and indicate how sci-tech innovation can support the country in navigating cycles and securing the future. New quality productive forces will be the “new engines” for steady economic growth. https://t.co/AhonEnSHSY

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China’s Ministry of Commerce (MOFCOM) has received and approved some general #export license applications for #rareearth-related items submitted by Chinese exporters, a spokesperson for the MOFCOM said on Thursday, when asked whether the ministry can confirm EU officials’ claim that China has begun issuing longer-term rare earth export licenses to European companies. https://t.co/s75fCtQ0bn

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The world's largest ice-and-snow theme park #Harbin Ice-Snow World officially opened its gates to visitors on Wednesday, elevating interactive experience with #AI and other cutting-edge technologies. Analysts said that China's technological edge in smart manufacturing, AI, and extreme-cold equipment enables the country to unleash new consumption potential in ice and snow economy. #ChinaTravel
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#GraphicAnalysis The annual Central Economic Work Conference was held in Beijing from Wednesday to Thursday as Chinese leaders decided priorities for the economic work in 2026. Here are key takeaways from the conference. These graphics also illustrate the solid economic foundation of China over the past several years and how it ensures great start of 15th Five-Year Plan (2026-30), as well as growing global confidence in China’s development. #CEWC2025 https://t.co/0fT1gZF4Vf

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Huawei has surged back to the top of China’s smartphone market for two straight weeks, overtaking Apple, powered by the launch of its Mate 80 series on November 28, according to media reports on Thursday. https://t.co/BasQZlmMsl

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In response to widespread public attention on the State Administration for Market Regulation's (SAMR) recent announcement approving, with restrictive conditions, the establishment of a new joint venture between the National Copper Corporation of Chile (Codelco) and Chilean chemical company Sociedad Química y Minera (SQM), SAMR spokesperson Wang Qiuping said on Tuesday that the case “represents an important practice of China's antitrust review in the critical minerals sector, with significant enforcement outcomes.” #lithium https://t.co/FmLpjilHvD

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Hainan provincial government officially issued a notice on Tuesday announcing that the Hainan Free Trade Port (FTP) will commence island-wide special customs operations starting Thursday.
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Can you imagine that power generation, animal husbandry and ecological protection can be done simultaneously? This is happening in Qinghai’s Talatan Gobi Desert. Once a barren wasteland, it has now become the world's largest solar park – and home to "photovoltaic sheep." Solar panels reduce wind and evaporation, reviving grass by creating a favorable a microclimate. However, rapid grass growth began to shade panels, reducing the output and risking fires. The solution: sheep grazing beneath the panels. This agrivoltaic model has also boosted local farmers’ income. This is one of the stories of China’s #green development and one of the solutions China offers to the world. #yearender
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Attending field visits, delegates expressed deep admiration for the modernization achievements of Shenzhen and the Guangdong-Hong Kong-Macao Greater Bay Area, said Guo.

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The first event (#APEC Symposium and Informal Senior Officials' Meeting) organized by China as the host of the 33rd APEC Economic Leaders' Meeting in 2026 was held in #Shenzhen, South China's Guangdong Province from Thu to Fri, kicking off the APEC "China Year." Major outcomes include: 2026 APEC theme confirmed, priority areas for 2026 cooperation defined, full-year meeting schedule finalized, Chinese Foreign Ministry spokesperson Guo Jiakun said on Friday.

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The 33rd #APEC Economic Leaders' Meeting will be held in Shenzhen, South China's Guangdong Province on November 18-19, 2026, the Xinhua News Agency reported.

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The #US Congress set to vote on controversial bill with curbs on China tech #investment, #biotech ties, despite flawed rationale, Chinese analysts said. Both provisions – the Biosecure Act and the FIGHT China Act – failed last year, are now tucked into the “must-pass” defense bill to bypass previous opposition. Analysts noted that such overreach will hurt American companies’ interests, undermine global tech cooperation, accelerate decoupling and blocking US investment won’t stop China’s tech advance. https://t.co/4OxOGRMOqI

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The essence of China-US economic and trade relations is mutual benefit and win-win cooperation, and there is no question of who takes advantage of whom, Chinese Foreign Ministry spokesperson Guo Jiakun said on Monday, when asked to comment on the latest US National Security Strategy (NSS) report, which reportedly placed emphasis on its economic and trade relations with China - criticizing some of China's trade practices, while also expressing the desire to build a mutually beneficial economic relationship. https://t.co/VncyMXKUOD

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China's premier scientific institutions announced the results of their 2025 academician elections on Friday, recognizing 144 outstanding experts for their groundbreaking contributions to science and engineering, with expertise in areas including #semiconductors, metamaterials, and advanced electronic manufacturing, according to announcements by institutions on Friday. https://t.co/bii7PVpgeC

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“If Japan insists on going its own way and continues to go further down the wrong path, China will resolutely take necessary measures, and Japan will bear all the consequences,” He Yongqian, a spokesperson for China’s Ministry of Commerce, said on Thursday at a regular press conference, when asked to comment on Japanese Prime Minister Sanae Takaichi’s recent erroneous remarks concerning the island of Taiwan, which have already seriously and negatively affected China-Japan economic and trade exchanges and cooperation, and on whether China is considering taking economic countermeasures against relevant Japanese individuals or entities in accordance with China’s Anti-Foreign Sanctions Law and other relevant laws and regulations.

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“Recently, Japanese Prime Minister Sanae Takaichi openly made erroneous remarks on Taiwan-related issues, fundamentally undermining the political foundation of China-Japan relations and bringing serious negative impact on economic and trade exchanges and cooperation between the two sides. China urges Japan to adopt a responsible attitude toward history and China-Japan relations, withdraw its erroneous remarks and actions, earnestly fulfill its commitments to China, and create a favorable environment for economic and trade cooperation between the two countries,” the Commerce Ministry spokesperson stated.

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#GraphicAnalysis In the era of artificial intelligence (#AI), open-source technology and open industry have become key engines of innovation. In recent years, China has gradually emerged as a major global force in technological innovation, including AI. These graphics illustrate how China’s AI development offers immense opportunities for the world. https://t.co/RGLlZZjiVU

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Industrial integration should ignite momentum, strengthening #AI as a growth engine. China holds vast potential for deep AI fusion with the real economy. Internalizing AI in industries can empower sectors such as mining, chemicals, light industry, and #shipbuilding, Baidu founder Robin Li Yanhong wrote in an article published on People’s Daily. https://t.co/N3XuzzeX2E

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Alibaba Group condemned an FT report citing a White House memo claiming Alibaba is helping the Chinese military target the US, according to a statement Alibaba sent to GT on Sunday. “The assertions and innuendos in the article are completely false,” Alibaba said. This is not the first time that US governmental agencies claim that Chinese tech companies have connections with military, using such accusations to defame or suppress Chinese firms, from Huawei to Tencent, analysts said. https://t.co/MjvQ5L6q4C