China Daily Brief
Thursday, November 12, 2026
Covering 7 articles
China's Goods Trade Expands 20% in First Ten Months
Chinese customs data reveal robust trade performance through October, with total imports and exports expanding by 20% year-on-year. Driven by surges in bonded logistics and processing trade, Beijing's commercial links grew notably across major partners, led by a 24.2% jump in trade with ASEAN.
Read full articleState media commemorated the decennial milestones of the J-20 stealth fighter and Y-20 transport aircraft alongside the Air Force's 77-year anniversary. Both platforms have evolved from single-craft operations into foundational assets for joint multi-branch combat systems, bolstered by domestic engines and specialized variants like the YY-20 refueler.
During an inspection of Shanghai's instrumentation and medical equipment sectors, Vice Premier Zhang Guoqing called for deeper integration between scientific research and industry. Zhang emphasized securing core components and basic processes while pressing local authorities to resolve corporate payment arrears and maintain fair market competition.
Domestic chipmaker Moore Threads outlined plans to establish an ultra-large-scale intelligent computing cluster to support advanced AI model training. Having launched five GPU architectures in six years, the firm reaffirmed its full-function GPU roadmap to deliver annual hardware iterations.
A multi-university research team created an AI-powered screening framework to identify high-efficiency perovskite solar cell materials using an eight-descriptor ranking system. The top-performing candidate achieved 27.2% photoelectric conversion efficiency and maintained approximately 95% stability after 2,000 hours.
Municipal organizations in Shanghai convened a specialized overseas cooperation conference to link Yangtze River Delta enterprises with the German market. The event featured dedicated service packages spanning intellectual property and logistics, yielding multiple bilateral partnership memorandums.
China Launches First Dedicated Science and Technology Law School — The University of Science and Technology Beijing established the country's first science and technology law school in Xiong'an to advance legal research across AI, biotechnology, and industrial disciplines.
Today's briefing highlights China's concerted push to anchor core industrial foundations—from advanced semiconductors and aerospace to novel solar materials—backed by resilient trade growth across key global markets.