中美达成共识，将减少贸易摩擦
2025-10-31
| Chinese President Xi Jinping and US President Donald Trump, after a 90-minute meeting in South Korea on Thursday, agreed to roll back some tariffs and trade barriers that have flared tensions.
China's Ministry of Commerce said the agreement calls for the US to reduce a fentanyl-related tariff, continue a suspension of 24 reciprocal tariffs on Chinese imports, pause investigations targeting China's shipping and logistics industries, and delay a blacklist expansion that could affect some 20,000 Chinese companies. Trump said the accord calls for China to suspend tighter export controls on rare earth minerals for a year, resume buying US soybeans and take stronger steps to curtail exports of chemicals used in making illicit fentanyl. Trump also said the agreement leaves an overall average tariff rate of about 47 percent on Chinese imports, and he said the meeting didn't cover the sale of Nvidia's advanced AI Blackwell chips to China, which had earlier been signaled. |
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| 来源: Shanghai Daily |
中国即将发射载人航天器
2025-10-31
| China announced it will launch the Shenzhou-21 manned spacecraft to its Tiangong space station tonight. It will be crewed by spacecraft pilot and flight commander Zhang Lu, flight engineer Wu Fei and payload specialist Zhang Hongzhang. The three will relieve the Shenzhou-20 crew aboard the space station, then stay aboard the orbiting station for about six months to carry out scientific experiments. It is China's 37th manned spaceflight. The China space agency said the nation is on track for sending astronauts to the moon by 2030. It also said it is selecting two Pakistani astronauts for future space flight, following a February agreement between Beijing and Islamabad. | |
| 来源: Shanghai Daily |
比亚迪第三季度盈利出现下滑
2025-10-31
| BYD, China's biggest electric carmaker, reported a 33 per cent drop in third-quarter profit as a domestic industry price war overwhelmed stronger sales overseas. The Shenzhen-based company said profit tumbled to 7.8 billion yuan (US$1.1 billion) from a year earlier. Revenue slipped 3.1 per cent year on year to 195 billion yuan. The carmaker said it delivered a total of 1 million electric and hybrid vehicles in the latest quarter, a 1.8 percent drop from a year earlier. Overseas deliveries, however, surged 146 percent to 232,800 vehicles, with the company forecasting up deliveries of up to 1 million outside the Chinese mainland this year, comprising a fifth of total sales. BYD over-the-counter shares in New York fell nearly 4 percent. | |
| 来源: Shanghai Daily |
日美领导人签署稀土协议
2025-10-29
| Japanese Prime Minister Sanae Takaichi and US President Donald Trump signed a framework agreement in Tokyo for securing supplies of rare earths key to industrial production of smartphones, electric cars, wind turbines, submarines and a host of other technologies. The agreement comes as both countries seek to reduce their reliance on China, which produces about 90 percent of the world's refined rare earth minerals. It calls for both countries to cooperate in the development of a more diversified market for the mined elements, with possible accumulations of complementary stockpiles. | |
| 来源: Shanghai Daily |
中国强化IPO监管，保障中小投资者权益
2025-10-29
| China's securities regulator is tightening rules on initial public offerings to protect the interests of smaller investors and curb price manipulation. The China Securities Regulatory Commission on Monday issued new guidelines that tie institutional allocations of shares more closely to investor lock-up periods, rewarding those willing to hold shares longer with higher allotments of stock. The move reflects pilot reforms already implemented on the Shanghai STAR Market. The guidelines also call for stricter oversight of institutional bidding, targeting those who intentionally inflate or suppress prices, and require more transparent valuation reports from underwriters. | |
| 来源: Shanghai Daily |
富士康将加大人工智能投资
2025-10-29
| Taiwan-based Foxconn, the world's largest contract electronics maker, said it will spend NT$42 billion (US$1.3 billion) to procure equipment for an AI computing cluster and supercomputing center, Reuters reported. The company said it plans to expand its cloud computing service platform and accelerate the development of three smart platforms. The company, also known as Hon Hai Precision Industry, has been stepping up investment in AI and cloud technologies to expand beyond its traditional manufacture of smartphones and other consumer electronics. | |
| 来源: Shanghai Daily |
亚洲主导全球外交，美中贸易框架成形
2025-10-27
| The focus of global diplomacy and trade shifts to Asia this week, with two regional summits of world leaders set amid hopes of easing global tensions. The three-day meeting of the Association of Southeast Asian Nations (ASEAN) began on Sunday in Malaysia. It will be followed by a four-day meeting of the Asia-Pacific Economic Organization (APEC) that begins on Friday in South Korea. US President Trump will attend both meetings; Chinese President Xi Jinping will be attending the APEC meeting. Japan's new prime minister Sanae Takaichi, the first woman ever to hold the post, will be making her diplomatic debut at the twin summits.
Concurrent with the ASEAN summit, Chinese and US negotiators meeting in the Malaysian capital of Kuala Lumpur said they reached preliminary consensus on a trade framework addressing bilateral concerns. US Treasury Secretary Scott Bessent said the agreement covers Chinese-owned social media platform TikTok, Chinese export controls on rare earth minerals and Chinese purchases of US soybeans, and it also removes Trump's threat of additional 100 percent tariffs on China that were to take effect on November 1. He said the framework deal will be the basis of talks between Xi and Trump when they meet in South Korea on Thursday. The Chinese side said the preliminary agreement involves tariff suspension, trade in agricultural products, export controls and US measures targeting shipbuilding and maritime trade, but made no comment on a possible meeting between both leaders. China's Vice Minister of Commerce and top negotiator called the discussions "in-depth" and "candid," adding that "the US has a tough stand, and China is firm in safeguarding our own interest." At the start of the ASEAN summit, Trump presided over the signing of a peace accord between Thailand and Cambodia, after summer military skirmishes along their disputed border, even though his involvement in brokering the ceasefire was peripheral. Trump also signed trade deals with ASEAN members Malaysia, Thailand, Vietnam and Cambodia. |
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| 来源: Shanghai Daily |
上海迪士尼游客量增长5%
2025-10-27
| Shanghai Disney Resort was the world's fifth most-visited theme park in 2024, according to a new report from global Themed Entertainment Association. Attendance at the Shanghai attraction rose 5 percent to 14 million visitors, making it the fastest-growing site among the world's Top 10 parks. Since its opening in 2016, Shanghai Disneyland has added Pixar Toy Story and Zootopia themed attractions. | |
| 来源: Shanghai Daily |
上海放行两家芯片公司上市申请
2025-10-27
| Moore Threads Technology and MetaX, two Chinese developers of graphics processing units seeking to raise money for research and development, received approval from Shanghai's stock exchange for initial public offerings on the STAR Market, an exchange for science and technology startups. Beijing-based Moore Threads seeks to raise 8 billion yuan (US$1.1 billion), according to its prospectus. The company posted a 1.5 billion loss for 2024 on revenue of revenue of 438 million yuan. Shanghai-based MetaX is seeking to raise 3.9 billion yuan (US$548 million). The company reported a loss for the first half on revenue of 915 million yuan. Both companies are viewed as emerging competitors to US chip giant Nvidia. | |
| 来源: Shanghai Daily |
中国领导人承诺持续推进发展
2025-10-24
| China's top leaders wrapped up a major four-day meeting with a communique outlining goals of the nation's 15th Five-Year Plan (2026-30) that include putting people's quality of life first, pursuing quality development, deepening economic reforms and promoting an efficient market, Xinhua reported. The Central Committee of the Communist Party also signaled a focus on advanced technologies, boosting domestic consumption, greater self-reliance in science and technology, accelerating rural modernization and strengthening national security. | |
| 来源: Shanghai Daily |
