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China economic growth

50 eventsActive since 31 Jul 2026Updated 19 Oct 2026Economic
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economic19 Oct 2026

BYD Energy Storage Expands Global After-Sales Service Network

BYD Energy Storage expanded its global after-sales service network by establishing nine operations and maintenance (O&M) centers, each measuring 2,500 square meters, across China, Chile, South Africa, the UK, the US, Australia, Japan, Poland, and the Middle East. The network utilizes a tiered framework ranging from station O&M to global headquarters, supported by a workforce of over 200 field engineers and 100 R&D specialists. This infrastructure enables standardized service levels, including 24-hour response times and 48-hour on-site arrival, as well as functions like battery repair, recycling, and local engineering training.

economic19 Oct 2026

China's economic growth reaches 4.5% in third quarter

China's economic growth reached 4.5% in the third quarter, surpassing the 4.4% forecast and accelerating from the 4.3% growth recorded in the second quarter. The National Bureau of Statistics reported that this expansion was driven by factory output and exports, which offset persistent weaknesses in domestic consumption and a 20.6% decline in property investment. These figures placed the year-to-date growth at 4.6%, remaining within the government's annual target range of 4.5% to 5.0%.

economic18 Oct 2026

China's Q3 GDP growth projected to rise on export performance

Projections indicated that China's third-quarter GDP growth increased. This rise was attributed to the performance of exports.

economic18 Oct 2026

China's economic strategy and climate resilience ahead of Cop31

The war in the Middle East disrupted oil and gas supplies, creating energy pressures for governments preparing for the upcoming Cop31 UN climate conference in Antalya, Turkey. China utilized a development strategy that integrated climate objectives into industrial policy to modernize production and foster economic growth. This approach provided China with production cost advantages in electric vehicles, batteries, and wind and solar power equipment. Consequently, China became a supplier of technologically advanced goods essential to the green transition.

economic18 Oct 2026

China shifts economic focus from GDP growth to economic quality

China’s economy faces a growing divergence between strong industrial output and weak domestic demand, with Q3 GDP growth projected by economists at 4.4% year-on-year, trailing the government’s 4.5%-5% target. While September exports rose by 36.3%, fueled by a $133.5 billion trade surplus and demand for AI-related technology, the property sector slump continues to suppress household wealth and local government finances. Consequently, IMF Managing Director Kristalina Georgieva urged Beijing to rebalance the economy toward domestic consumption rather than relying on export-driven manufacturing and government-funded infrastructure projects.

economic18 Oct 2026

Paul Chan expresses optimism for Hong Kong economic growth

Hong Kong Financial Secretary Paul Chan Mo-po expressed optimism regarding the city's economic growth during a blog post following his attendance at the IMF and World Bank Group annual meetings in Bangkok. Chan projected growth in line with the government's full-year forecast of 3.5 to 4.5 per cent, positioning the city to benefit from international capital flows and the artificial intelligence sector. While the IMF predicted a global economic slowdown to 3.1 per cent, Chan noted that Asia is expected to maintain a faster pace of expansion.

economic17 Oct 2026

South Korea finance minister projects semiconductor market growth through 2027

South Korean Finance Minister nominee Lee Hyoung-il stated on September 15, 2026, that the nation’s semiconductor market growth was expected to persist through 2027 due to a persistent supply-demand gap. The comments followed a sharp decline in semiconductor stocks, including SK Hynix and Seoul Semiconductor, which were impacted by investor concerns over interest rate hikes and increased competition from Chinese firms. Lee attributed current volatility in the South Korean stock market to the significant role the semiconductor industry plays in the country's broader economy. Despite this volatility, Lee maintained that the economy remained solid and noted that the chip boom had led to higher-than-projected tax collections.

economic17 Oct 2026

Ulanqab pursues economic growth through artificial intelligence and green development

Ulanqab, a city in the Inner Mongolia Autonomous Region of China, transitioned its economic focus from agricultural production, specifically its status as a "potato and oat capital," toward the development of computing infrastructure and artificial intelligence. This shift was triggered by China’s 2022 "East Data, West Computing" national project, which prompted the city to leverage its abundant wind and solar resources. By August 2026, Ulanqab had secured 109 computing center projects and implemented a three-year strategy, unveiled in late 2025, to establish itself as a "token city" supported by green energy.

economic17 Oct 2026

CIER forecasts highest economic growth for Taiwan in 39 years

The Chung-Hua Institution for Economic Research (CIER) revised its 2024 economic growth forecast for Taiwan to 12.16 percent, marking the highest projected growth rate in 39 years. CIER president Lien Hsien-ming attributed this momentum to strong domestic demand, which accounted for 55 percent of growth, and exports, which accounted for 45 percent. The surge was primarily driven by high global demand for AI-related products and increased capital expenditure by cloud service providers, leading to a projected 10.77 percent rise in private investment and a 4.94 percent increase in private consumption.

economic16 Oct 2026

China reports 8.2 percent growth in R&D spending for 2025

China’s National Bureau of Statistics reported that national research and experimental development (R&D) spending reached 3.9 trillion yuan (US$583 billion) in 2025, marking an 8.2 percent increase from the previous year. This growth was driven by double-digit funding increases in fundamental science and university research. Xinhua stated that China achieved an average annual R&D spending growth rate of 10 percent over the five-year period ending in 2025.

economic16 Oct 2026

Indonesia’s Danantara pledges $5 billion to domestic firms amid MSCI downgrade risk

Indonesian sovereign wealth fund Danantara announced a $5 billion investment commitment to domestic firms over the next six to nine months to stabilize the market following an 11.6% drop in the Jakarta Composite Index. This decline was triggered by MSCI’s proposal on October 15 to downgrade Indonesia from an emerging-market to standalone status, a classification change that would remove Indonesian stocks from key indices. Chief Investment Officer Pandu Sjahrir stated that the fund intends to focus on creating economic value rather than immediate commercial returns, even as the benchmark index reached a 40% decline for the year. Danantara, established by President Prabowo Subianto in 2025, manages over 1,000 state-owned enterprises and oversees infrastructure projects and natural resource exports.

economic16 Oct 2026

LVMH highlights ties to China amid slowing sales and business challenges

LVMH Group launched its global 'Les Journées Particulières' open-house event in Shanghai, marking the first time the company held a joint exhibition of multiple houses in China. Antoine Arnault, the event's founder and son of CEO Bernard Arnault, highlighted the group's 'special bond' with Chinese customers while speaking at a launch event in Paris. This initiative occurred as LVMH faced ongoing business challenges, including slowing demand in the Chinese market and a backlash resulting from a lawsuit against a local tea company.

economic16 Oct 2026

Hong Kong launches new embodied AI hub for robotics development

The Hong Kong Productivity Council (HKPC) opened the city's first experimental hub for embodied artificial intelligence in Kowloon Tong to support robotics development. The initiative involved seven mainland and Hong Kong companies, including industry leaders Unitree Robotics and Galbot, and aims to assist manufacturers in testing and optimizing designs within simulated real-world environments. HKPC chairman Sunny Tan stated the hub allows mainland manufacturers to train robots for international application scenarios, while Secretary for Innovation, Technology and Industry Sun Dong confirmed the facility aligns with national initiatives to advance the sector.

economic16 Oct 2026

TSMC Reports Revenue Growth Amid Stock Price Decline

TSMC reported a 51% increase in revenue for the recent quarter. Despite this growth, the company experienced a decline in its stock price.

economic16 Oct 2026

Singapore non-oil exports rise 68.4% in September

Singapore’s non-oil domestic exports (NODX) surged by 68.4% year-on-year in September, following a revised 46.1% increase in August. This growth was driven by a 107.6% rise in electronic exports, particularly in disk media, integrated circuits, and personal computers linked to artificial intelligence demand, alongside "lumpy" shipments of ship and boat structures. Exports to major markets including Hong Kong, Taiwan, and the United States saw significant expansion, while total merchandise trade grew by 50.8%.

economic15 Oct 2026

Brazil-China trade reaches record US$143 billion as oil exports rise

Trade between Brazil and China reached a record US$143 billion during the first nine months of the year, with Brazilian exports rising 12 percent to US$84.7 billion and imports growing 9.9 percent to US$58.6 billion. The Brazil-China Business Council reported that the surge was driven by a 49 percent increase in Brazilian crude oil sales to China, which totaled US$21.8 billion. This growth followed disruptions to Gulf supply caused by the war on Iran, leading China to purchase half of all crude exported by Brazil. The resulting US$26.1 billion trade surplus accounted for 42 percent of Brazil’s total trade surplus with the world.

economic15 Oct 2026

SK hynix ADR stock price declines

The stock price of SK hynix ADR declined. This economic event occurred in South Korea.

economic15 Oct 2026

Global Markets Decline Amid AI Sector Sell-off and Rising Treasury Yields

Global markets declined as an AI-sector sell-off intensified, evidenced by Korea’s Kospi entering a bear market and widespread losses among chipmakers and AI infrastructure firms like CoreWeave and Micron. The downturn was triggered by concerns over AI financing, specifically slowing growth at Anthropic and a Gartner report suggesting $3.5 trillion in infrastructure spending could face impairment by 2030. Consequently, investors shifted toward safe-haven assets, driving 10-year Treasury yields down 10 basis points to 5.08% and lifting gold prices 1.3% to $4,158. While major Nasdaq futures slid 1.1%, the S&P 500 futures fell 0.3% and the Dow futures rose 0.2%.

economic15 Oct 2026

KAIYI Presents X7 Hybrid at 2026 World Power Battery Conference

The 2026 World Power Battery Conference, held in Yibin, China, served as the venue for automaker KAIYI to present its flagship X7 Hybrid vehicle. The model utilizes the KAIYI Super Hybrid system, which integrates an engine with dual electric motors to achieve a maximum mechanical efficiency of 98.5%. The drive motor provides 150 kW of peak power and 310 N·m of peak torque. This presentation highlighted the vehicle's role in expanding KAIYI's market presence across Central and South America, Southeast Asia, the Middle East, Africa, and Eastern Europe.

economic14 Oct 2026

Fairfax acquires IDBI Bank for US$5.6 billion

Fairfax Financial Holdings Ltd., led by Canadian billionaire Prem Watsa, acquired a stake in IDBI Bank Ltd. for 528.78 billion rupees (US$5.6 billion). This transaction represents one of the largest foreign investments in India’s financial services sector to date. The acquisition aligns with Prime Minister Narendra Modi’s government's long-standing effort to reduce state ownership in the banking industry, a goal that previously faced regulatory delays.

economic14 Oct 2026

Hesai Group launches 3D spatial camera for physical AI applications

The China-based Hesai Group, known as the world's largest maker of lidar sensors for vehicles, launched a handheld 3D spatial camera named Kosmo. CEO David Li Yifan described the device as a physical AI eye designed to convert real-world environments into editable 3D models for the digitization of complex spaces like factories and campuses. The company initiated this product launch as part of a strategy to expand into the physical artificial intelligence sector and identify new growth opportunities.

economic14 Oct 2026

YMTC expected to increase revenue ahead of planned IPO

Yangtze Memory Technologies Corporation (YMTC), China’s primary flash-memory producer, projected revenue growth six times faster than industry peers as it transitioned into the server-related market. The company planned to increase server-related revenue from near zero in 2024 to nearly 39 percent of its total revenue by 2028, largely driven by the adoption of enterprise solid-state drives in data centers. This expansion occurred as the firm’s parent company, CCSH Corporation, sought to raise 33 billion yuan through an IPO on the Shanghai Star Market, following a 40 percent year-on-year revenue increase to 63 billion yuan in 2025.

economic14 Oct 2026

China integrated circuit exports rise 136 percent in September

China’s integrated circuit (IC) exports reached US$45 billion in September, representing a 136 percent year-on-year increase. While the volume of exported units grew by only 1 percent to 32.7 billion, higher prices driven by a memory chip shortage—linked to a global surge in artificial intelligence infrastructure—fueled the sharp rise in value. This performance surpassed China's broader export growth rate of 36.3 percent for the same period.

economic14 Oct 2026

Chinese researchers test iron-harvesting crawler robot in Taklamakan Desert

Researchers from Tarim University in China’s Xinjiang Uygur autonomous region tested a self-propelled crawler robot designed to harvest iron from sand in the Taklamakan Desert. The device utilizes a rare earth-magnet-based separator to perform dry magnetic separation of ferromagnetic materials. The research team initiated the project after previous studies estimated that the sands of the Taklamakan Desert, an area the size of Germany, contain approximately 6 per cent iron content.

economic14 Oct 2026

TSMC shares rise ahead of Q3 earnings report

Shares of TSMC rose in anticipation of the company's third-quarter earnings report. This activity occurred in Taiwan.

economic14 Oct 2026

China's export growth reaches fastest pace since February at 36%

In September 2026, China’s export growth reached its fastest pace since February at 36%. The growth was driven by strong shipments of semiconductors and automobiles as Beijing worked to ease trade tensions with key partners. This performance puts China on track to exceed a $1 trillion trade surplus for the year.

economic14 Oct 2026

Asian stocks rise as chipmakers rebound and China trade data beats forecasts

Asian stocks experienced an increase driven by a rebound in the chipmaking sector. This market movement followed the release of Chinese trade data that exceeded initial forecasts.

economic13 Oct 2026

IMF projects Taiwan's GDP growth to reach 10.7%

The International Monetary Fund (IMF) significantly increased its 2024 GDP growth projection for Taiwan to 10.7 percent, up from an April estimate of 5.2 percent. This figure, the highest in the Asia-Pacific region, was driven by a surge in global demand for AI-related computing hardware. Taiwan and South Korea together account for 62 percent of net trade in this sector, highlighting the extreme concentration of the global AI supply chain. The IMF report identified the simultaneous, opposing forces of a positive demand shock from AI investment and the negative economic impact of the ongoing war in Iran, which has driven up global energy prices.

economic13 Oct 2026

IMF Forecasts 7% Economic Growth for India Over Two Years

The International Monetary Fund (IMF) raised India's GDP growth forecast for 2026-27 to 7% and for 2027-28 to 7%, citing stronger-than-expected momentum driven by domestic demand and services activity. This revision follows growth of 7.8% in the financial year ending March 2026 and aligns with similar upgrades from the World Bank and the Reserve Bank of India. While India remains the world's fastest-growing major economy, it faces inflationary pressure, with September consumer prices reaching 5.54%, prompting the Reserve Bank of India to raise interest rates to 5.5%.

economic13 Oct 2026

Huanggang Port records high traffic on opening day

The newly rebuilt Huanggang Port in Shenzhen recorded 79,500 passenger movements and 8,000 vehicle movements during its first day of operations. Data from the Shenzhen General Station of Exit and Entry Frontier Inspection indicated that 41,300 passenger trips entered Hong Kong while 38,200 departed. Transport Secretary Mable Chan described the initial immigration and transport operations as smooth and consistent with expectations.

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