Latest
China
Economy
HK
Asia
Business
Tech
Lifestyle
People & Culture
World
Opinion
Video
Sport
PostMag
Style
Games
-
Latest
China
Economy
HK
Asia
Business
Tech
Lifestyle
People & Culture
World
Opinion
Video
Sport
PostMag
Style
Games
-
Advertisement
Advertisement
Advertisement
Beijing has pledged to provide a broader range of financing options to nurture the next generation of strategic industries. Photo: Xinhua

China to put state-owned firms, capital to work nurturing tech champions

Beijing’s work report outlines funding, IPO support and SOE-led tech adoption to accelerate AI and other frontier industries.

Xi Jinping calls on China’s provincial powerhouses to lead in tech, risk control

US-China tech war
Advertisement
Advertisement
Advertisement

China Business

China reclaims title as world’s billionaire capital: Hurun Rich List

Global billionaire population hits record, led by Elon Musk, as China adds 287 names and AI emerges as a top wealth generator.

23

Policy

China’s 5-year plan emphasises ‘orderly’ AI development amid market volatility

First announced in 2024, the AI Plus initiative includes a target of integrating AI into 90 per cent of China’s economy by 2030.

videocam

China Business

Lean harder into Hong Kong-mainland China market ties: ‘two sessions’ delegates

Higher integration would raise resilience of the mainland financial system while supporting yuan internationalisation, CPPCC members say.

'Two Sessions'
Chinese Premier Li Qiang’s speech at the National People’s Congress opening session is broadcast on a giant TV screen, in Beijing on Thursday. Photo: Robert Ng

China targets lowest growth range in 35 years as pressures rise

China Economy

China eyes US$23.9 billion in global seaports despite Panama Canal loss: study

Beijing funds 363 ports outside the Panama Canal to safeguard against East-West decoupling and US bid to curb China’s supply chain influence.

videocam
18
A view of the Port of Balboa, managed by CK Hutchison Holdings based in Hong Kong, at the entrance to the Panama Canal in Panama City. On February 24, 2026, Hong Kong-based conglomerate CK Hutchison objected to a takeover by Panamanian authorities of two ports its subsidiary previously controlled on the Panama Canal. Photo: AFP
Advertisement

Military

China keeps defence budget growth steady as modernisation deadline looms

Beijing plans to set aside 7 per cent more for the military this year, with the total still a fraction of US spending.

videocam
7

Politics

Is Japan’s push to build a ‘China-free’ defence supply chain feasible?

Tokyo’s bid to boost ‘self-reliance’ may be costly and could take years given China’s dominance in critical materials, analysts say.

videocam

Travel & Leisure

How use of AI will help travel operators transform behaviour of holidaymakers

Experts explore innovative technology’s role in industry’s evolution at ‘Limitless: Dida Engage 2026’ in Shenzhen.

In partnership with:
Dida
Experts from the travel and technology sectors attend last month’s “Limitless: Dida Engage 2026” forum in Shenzhen, China, to share insights into how AI is changing the industry.

China Economy

China pledges ‘iron discipline’ to tackle debt as US borrowing surges

Global debt reached a record high in 2025 and rose in the world’s two largest economies.

videocam
Premier Li Qiang delivering the government work report on Thursday, in the Great Hall of the People in Beijing. Photo: Reuters

China Business

Insilico Medicine advances Middle East push with UAE AI drug discovery deal

Hong Kong-listed biotech firm’s shares jump after announcing partnership to use AI tools in drug discovery in the United Arab Emirates.

China Economy

Xi Jinping calls on China’s provincial powerhouses to lead in tech, risk control

The president said China’s strongest regions should be proactive in tech transformation, hold a ‘bottom line mindset’ to resist external shocks.

videocam

United States & Canada

Crypto billionaire Justin Sun settles US fraud case for US$10 million

The SEC sued Sun and his firms for securities fraud in 2023 but put the case on hold following Trump’s return to the White House.

Cryptocurrency mogul Justin Sun attends a press conference in Hong Kong in April 2025. Photo: Edmond So

Society

Warning over screen time and chatbots as number of depressed hits record high

About 30 per cent of survey respondents report moderate to severe symptoms of depression, up from about 11 per cent when study began.

videocam
The survey found the depression index of respondents stood at 7.27 out of 27, the highest since 2012 when the poll was launched. Photo: Jelly Tse

Military

Iran thanks Chinese public after US-Israeli air strikes prompt wave of sympathy

Embassy in Beijing says Iran sincerely grateful to ‘the civilised and righteous Chinese people’ but financial aid not needed for now.

videocam
32

United States & Canada

Trump sued in bid to undo approval of TikTok’s US sale

The lawsuit is the first legal challenge to the deal with China’s ByteDance, but does not seek to force a US ban on the short-video platform.

videocam

United States & Canada

US won’t let India become rival like China, Trump official says

Washington will not ‘make the same mistakes’ as it did with Beijing 20 years ago, the State Department’s Christopher Landau says.

14
India has avoided taking sides in the widening US-Iran conflict, as it finalises a trade deal under negotiation since US President Donald Trump took office. Image: Shutterstock

Chinese culture

A Gen Z take on the Chinese almanac? Grandma’s tear-off calendar goes digital

Feng Shui Calendar Widget developer Jingyi Ma reveals why her digital version of the Chinese almanac is about more than finding auspicious dates.

Jingyi Ma, the Beijing-born, New York-based creative technologist behind the Feng Shui Calendar Widget. Ma says her almanac app for iPhone is about passing down “something old and physical” in a world where “no one buys paper goods any more”. Photo: courtesy of Jingyi Ma

Politics

Chinese Premier Li Qiang calls on Hong Kong to improve governance efficiency

Delivering work report at NPC opening session, Li also urges city to fully harness its unique advantages to act as bridge to world.

Diplomacy

China boosts diplomatic budget by 9.3% as US leaves ‘fiscal void’

Growth rate in foreign affairs spending this year to outpace that of military budget as Beijing consolidates global influence, analysts say.

videocam
Advertisement
Advertisement
OPINION
SCMP Editorial

Editorial | Amid external uncertainties, China steers for growth and stability

SCMP Editorial
Jianxi Liu

Opinion | China’s ‘two sessions’ show plans for resilience in a stormy world

Jianxi Liu
Nicholas Spiro

Macroscope | Why even bullish investors can’t ignore the Iran war

Nicholas Spiro
Chow Chung-yan

Opinion | Why a TV hit in China about waging peace resonates so deeply

Chow Chung-yan
Wenran Jiang

Opinion | China waits and watches as the US fights all its tigers at once

Wenran Jiang
13
Harry’s View | 6 Mar 2026
March 6, 2026
MORE COMMENT
LATEST

Hong Kong Economy

More dim sum, more films: Hong Kong residents cash in as war triggers gold rush

Hong Kong

Naturalised players, expanded league among ideas to ‘save’ Hong Kong basketball

Politics

Is Japan’s push to build a ‘China-free’ defence supply chain feasible?

United States & Canada

Trump sued in bid to undo approval of TikTok’s US sale

China Business

Lean harder into Hong Kong-mainland China market ties: ‘two sessions’ delegates

Opinion

Editorial | Amid external uncertainties, China steers for growth and stability

MORE LATEST NEWS
Advertisement
Advertisement
Advertisement
Advertisement
SCMP Series
Challenges and pathways in the South China Sea
China Inc. goes global
Year of the Horse 2026
Beijing’s recalibration of its Taiwan policy
Illustration: Henry Wong
SCMP SeriesChallenges and pathways in the South China Sea

Bully vs sovereignty: how Manila and Beijing are sharpening their South China Sea messaging

Analysts say the Philippines’ approach of ‘assertive transparency’ may be wearing thin at home and in the region.

videocam

The Philippines wants to seal South China Sea code of conduct. Can it deliver?

videocam

Why High Seas Treaty could change ‘rules of the game’ in South China Sea row

videocam
Open Questions series

Global Economy

Open Questions | Top shipbuilding voice Li Yanqing rebukes Washington’s ‘China threat’ narrative

China’s national shipbuilding association official calls US port fees ‘absurd’ and politically motivated, while asserting China’s market lead is solid despite global fluctuations.

13
Illustration: Victor Sanjinez

Diplomacy

Open Questions | Abraham Newman on ‘weaponised interdependence’ in ‘neo‑royalist’ Trump era

American political scientist on how ‘interdependence’ can be exploited as part of the rivalry between major powers.

videocam
6

Global Economy

Open Questions | Why Trump’s April trip to China may not deliver ‘grand bargain’: James Zimmerman

The American Chamber of Commerce in China chairman says this year’s expected Trump-Xi meetings can put countries on a ‘visionary’ path.

videocam

Diplomacy

Open Questions | Trump’s ‘imperial’ agenda and the end of the old world order: Luuk van Middelaar

Political theorist says rapid acceleration of the US president’s ‘offensive, almost imperial’ agenda has left Europe disoriented.

videocam
5
Illustration: Lau Ka-kuen
China Future Tech
China Future Tech
Key Industries:
EVs
AI
Semiconductors
Aerospace
Robotics
Biomedicine
Live Q&A webinars

Business

Will users stick around after China’s US$1 billion AI marketing battle?

Vouchers, red packets and sponsorships drove a surge in AI users over Chinese New Year, but now the tech giants face a retention test.

Red-packet battle: AI tech giants spent a collective US$1 billion on marketing this Chinese New Year. Photo: Getty Images

China Business

Insilico Medicine advances Middle East push with UAE AI drug discovery deal

Hong Kong-listed biotech firm’s shares jump after announcing partnership to use AI tools in drug discovery in the United Arab Emirates.

Policy

China’s 5-year plan emphasises ‘orderly’ AI development amid market volatility

First announced in 2024, the AI Plus initiative includes a target of integrating AI into 90 per cent of China’s economy by 2030.

videocam

Banking & Finance

China and Hong Kong should relax biotech listing rules, venture capitalist says

Foreign investors are returning to China’s healthcare sector, but IPO bottlenecks and takeover rules could deter deals, VC Nisa Leung says.

Biotechnology was explicitly included as a “strategic emerging pillar industry” in China’s government work report during the “two sessions” Photo: Shutterstock

Diplomacy

Takeaways from Chinese Premier Li Qiang’s government work report

Li raises the curtain on the annual session of the National People’s Congress with a series of targets for the economy.

videocam
Chinese Premier Li Qiang opens the annual session of the National People’s Congress by delivering the government’s work report. Photo: AFP

Science

Why China’s anti-corruption push in academia is key to its science and tech aims

Ahead of country’s annual ‘two sessions’ meetings, scientists urge more institutionalised and effective mechanisms to curb abuses of power.

videocam

China Economy

How China is using its economic clout to give the US dollar a run for its money

Beijing is using economic clout to reshape its global financial influence – a strategy analysts say could play out over decades.

videocam
20

Science

What cost foreign prestige? China says no to some Western science journal fees

Chinese researchers will no longer be reimbursed for paper publication charges in Nature Communications, among other titles.

videocam
6
Chinese researchers accounted for at least a quarter of the more than 10,000 papers published in one leading international journal last year. Photo: Shutterstock
Advertisement
Advertisement
Advertisement