China Daily Brief
Wednesday, October 28, 2026
Covering 6 articles
State Council Deploys Policy Package to Reinforce Economic Counter-Cyclical Adjustments
China is coordinating existing, incremental, and reserve macroeconomic policies to boost economic momentum and secure annual growth targets. The State Council executive meeting highlighted measures including reduced pledged supplementary lending rates, expanded relending quotas, and targeted interest subsidies designed to support consumption and stabilize broader macroeconomic conditions.
Read full articleNPC Standing Committee Inspects Hainan Free Trade Port Implementation Ahead of Customs Closure
Policy & RegulationAn inspection team from the National People's Congress evaluated the implementation of the Hainan Free Trade Port Law, noting progress in zero-tariff lists and investment facilitation. However, inspectors identified persistent bottlenecks in goods transfers and service trade, urging domestic frameworks to align more closely with high-standard international standards before customs closure.
Xinjiang Outpaces National Industrial Growth with 8% Expansion in First Three Quarters
Business & IndustryXinjiang's industrial value-added above designated size grew 8% year-on-year across the first three quarters of 2026, exceeding the national average by 2.7 percentage points. Growth was driven by broad-based expansion across 28 sectors, alongside a 14.7% surge in strategic emerging industries and a 27.3% jump in clean energy generation.
Jiangxi Province has launched its first Token Factory in the Nanchang High-tech Zone in partnership with China Mobile. The platform standardizes intelligent computing power into on-demand tokens, integrating more than 300 mainstream models to support sectors including healthcare, education, and advanced manufacturing.
Seventh China-CEEC SME Cooperation Forum Convenes in Cangzhou
Business & IndustryThe seventh China-CEEC SME Cooperation Forum opened in Hebei Province, organizing eight sub-activities centered on cross-border matchmaking, green chemical supply chains, and zero-carbon energy equipment. Officials emphasized deepening industrial cooperation and sustaining constructive dialogue between Chinese and Central and Eastern European small and medium-sized enterprises.
Guangdong Vocational Competition Highlights Digital Manufacturing and Robotics Integration
Technology & AIMore than 100 skilled workers from advanced manufacturing hubs across Guangdong participated in an intelligent robotics and digital manufacturing skills contest in Foshan. The event assessed human-machine interaction, PLC programming, and equipment assembly workflows, reinforcing the province's focus on cultivating new quality productive forces.
Today's briefing reflects Beijing's multi-layered push to reinforce economic resilience, pairing macro-level counter-cyclical policy adjustments with regional industrial expansion, high-tech infrastructure deployment, and enhanced international trade linkages.