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0 13.269 0 12.375l.005-7.32 7.592 4.82L16 4.541zM14.4 0c.88 0 1.6.731 1.6 1.625v1.496L7.597 8.455.006 3.636l.002-2.011C.008.781.643.082 1.455.007L1.6 0z"></path></svg></div></a></div></div><div data-qa="AuthorHeader-BasicInformationSubGrid" class="css-14zl5as ec82zqs11"><div data-qa="AuthorHeader-Role" class="css-1ux9os8 ec82zqs10">Senior Reporter, Political Economy </div><div data-qa="AuthorHeader-renderBio-Bio" class="css-sgbyaq ec82zqs9">A graduate from the Hong Kong Polytechnic University, Frank was previously with Asia Financial, Asia Times and Hong Kong Economic Journal. </div></div><button type="button" data-qa="Button-ButtonStyled" class="base-Button-root text ec82zqs2 css-nql2k6 e1lcqjd00">Show more <span data-qa="AuthorHeader-renderShowMoreButton-DownTriangle" class="css-1tw4q02 ec82zqs3"></span></button></div></div><div data-qa="AuthorPage-List" class="css-nz6s26 erk9ovu3"><div data-qa="AuthorContentList-Container" class="css-0 e18p1iom5"><div class="e18p1iom4 css-lae4tk 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data-qa="BaseImage-source-2"/><img alt="Women walk past by a display showing the Shanghai stock market index outside a brokerage in Beijing. China’s latest financial asset reshuffle has sparked market expectations of more government moves to stabilise the stock market. Photo: AP" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/02/17/7f15fcbf-e514-4e3e-b3ac-78a8cef3c86e_3d5c1ad1.jpg" class="css-m0nvmz e445x7d0"/><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/02/17/7f15fcbf-e514-4e3e-b3ac-78a8cef3c86e_3d5c1ad1.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">China is moving to create a group of world-class investment banks through a round of industry consolidation, analysts say. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" 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data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3296591/china-dreams-building-world-class-jumbo-jet-can-it-do-it-without-west" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">Can China’s bet on home-grown jumbo jets challenge the Airbus-Boeing duopoly?</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3296591/china-dreams-building-world-class-jumbo-jet-can-it-do-it-without-west" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/02/11/704e7040-23b0-48a8-a72d-7a173318ef2f_2545fa8f.jpg?itok=TZJSXtUw&amp;v=1739235448" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/02/11/704e7040-23b0-48a8-a72d-7a173318ef2f_2545fa8f.jpg?itok=TZJSXtUw&amp;v=1739235448" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2025/02/11/704e7040-23b0-48a8-a72d-7a173318ef2f_2545fa8f.jpg?itok=j427zPWx&amp;v=1739235448" data-qa="BaseImage-source-2"/><img alt="Illustration: Lau Ka-kuen" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/02/11/704e7040-23b0-48a8-a72d-7a173318ef2f_2545fa8f.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/02/11/704e7040-23b0-48a8-a72d-7a173318ef2f_2545fa8f.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">China is working to develop widebody planes to take on Airbus and Boeing, but its plans may hinge on cooperation from Western regulators and suppliers. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-02-11T03:17:12.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">11 Feb 2025 - 11:17AM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><a target="_self" class="css-e0dnmk ecgc78b0" href="/economy/china-economy/article/3296591/china-dreams-building-world-class-jumbo-jet-can-it-do-it-without-west#comments" data-qa="BaseLink-renderAnchor-StyledAnchor"><div class="e16puzk40 css-1cg7lsf e6yzu580" data-qa="ArticleComment-Container"><span>35</span><svg height="15" viewBox="0 0 18 18" width="15" xmlns="http://www.w3.org/2000/svg" data-qa="ArticleComment-StyledCommentFilledIcon" class="css-0 e6yzu582"><path d="M14 .5A2.496 2.496 0 0 1 16.5 3v9c0 .69-.28 1.315-.732 1.768A2.492 2.492 0 0 1 14 14.5H4.764L.5 17.108V3c0-.69.28-1.315.732-1.768A2.492 2.492 0 0 1 3 .5z" fill="currentColor" 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href="/economy/china-economy/article/3297637/chinese-firms-trapped-trump-policy-maelstrom-struggle-stay-course" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">New measures by Trump administration keep Chinese exporters’ heads spinning</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3297637/chinese-firms-trapped-trump-policy-maelstrom-struggle-stay-course" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/02/06/f3e6eb19-9a58-4fd4-832b-c2db5a9ec483_40646094.jpg?itok=vpbRaKM7&amp;v=1738834527" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/02/06/f3e6eb19-9a58-4fd4-832b-c2db5a9ec483_40646094.jpg?itok=vpbRaKM7&amp;v=1738834527" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2025/02/06/f3e6eb19-9a58-4fd4-832b-c2db5a9ec483_40646094.jpg?itok=pT5tIlf6&amp;v=1738834527" data-qa="BaseImage-source-2"/><img alt="Sudden US policy announcements, like the suspension of parcel deliveries from China, are throwing businesses for a loop. Photo: AFP" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/02/06/f3e6eb19-9a58-4fd4-832b-c2db5a9ec483_40646094.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/02/06/f3e6eb19-9a58-4fd4-832b-c2db5a9ec483_40646094.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Rapid announcements – and withdrawals – of new measures by the new US administration have kept Chinese exporters’ heads spinning. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-02-07T00:35:50.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">7 Feb 2025 - 8:35AM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><a target="_self" class="css-e0dnmk ecgc78b0" href="/economy/china-economy/article/3297637/chinese-firms-trapped-trump-policy-maelstrom-struggle-stay-course#comments" data-qa="BaseLink-renderAnchor-StyledAnchor"><div class="e16puzk40 css-1cg7lsf e6yzu580" data-qa="ArticleComment-Container"><span>11</span><svg height="15" viewBox="0 0 18 18" width="15" xmlns="http://www.w3.org/2000/svg" data-qa="ArticleComment-StyledCommentIcon" class="css-0 e6yzu581"><path d="M4.73 13.852h9.176c.545 0 1.014-.2 1.405-.598a1.94 1.94 0 0 0 .587-1.406V3.094c0-.539-.196-1.008-.587-1.406a1.904 1.904 0 0 0-1.405-.598H3.094c-.545 0-1.014.2-1.405.598-.39.398-.587.867-.587 1.406v12.938zM16.093.914A3.03 3.03 0 0 1 17 3.13v8.683c0 .868-.302 1.606-.907 2.215a2.967 2.967 0 0 1-2.187.914H5.014L0 18V3.129C0 2.262.302 1.524.907.914A2.972 2.972 0 0 1 3.094 0h10.812c.854 0 1.583.305 2.187.914z" fill="currentColor" fill-rule="evenodd"></path></svg></div></a><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/global-economy/article/3297473/will-donald-trumps-new-us-sovereign-wealth-fund-take-aim-chinese-assets" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">Will Donald Trump’s new US sovereign wealth fund take aim at Chinese assets?</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/global-economy/article/3297473/will-donald-trumps-new-us-sovereign-wealth-fund-take-aim-chinese-assets" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/02/05/ed79fe5c-ab16-4341-9863-470031eb89a2_c377c58e.jpg?itok=kncJNiw2&amp;v=1738747451" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/02/05/ed79fe5c-ab16-4341-9863-470031eb89a2_c377c58e.jpg?itok=kncJNiw2&amp;v=1738747451" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2025/02/05/ed79fe5c-ab16-4341-9863-470031eb89a2_c377c58e.jpg?itok=RW-3OXWe&amp;v=1738747451" data-qa="BaseImage-source-2"/><img alt="US President Donald Trump has signed an executive order authorising the creation of a sovereign wealth fund. Photo: AFP" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/02/05/ed79fe5c-ab16-4341-9863-470031eb89a2_c377c58e.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/02/05/ed79fe5c-ab16-4341-9863-470031eb89a2_c377c58e.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Analysts caution the recently authorised fund could compete with Chinese state investment or buy overseas holdings like TikTok. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-02-05T23:29:41.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">6 Feb 2025 - 7:29AM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><a target="_self" class="css-e0dnmk ecgc78b0" href="/economy/global-economy/article/3297473/will-donald-trumps-new-us-sovereign-wealth-fund-take-aim-chinese-assets#comments" data-qa="BaseLink-renderAnchor-StyledAnchor"><div class="e16puzk40 css-1cg7lsf e6yzu580" data-qa="ArticleComment-Container"><span>69</span><svg height="15" viewBox="0 0 18 18" width="15" xmlns="http://www.w3.org/2000/svg" data-qa="ArticleComment-StyledCommentFilledIcon" class="css-0 e6yzu582"><path d="M14 .5A2.496 2.496 0 0 1 16.5 3v9c0 .69-.28 1.315-.732 1.768A2.492 2.492 0 0 1 14 14.5H4.764L.5 17.108V3c0-.69.28-1.315.732-1.768A2.492 2.492 0 0 1 3 .5z" fill="currentColor" fill-opacity="0.15" stroke="currentColor"></path></svg></div></a><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div data-qa="AuthorContentList-AdSlotWrapper" class="css-11b0uu9 e18p1iom2"><div class="e18p1iom3 css-l61p2h e1flwkbl0" data-qa="AdSlot-Container"><div data-qa="AdSlot-Label" class="css-1t8iakn e1flwkbl3">Advertisement</div><div data-qa="AdSlot-AdSlotContainer" class="css-0 e1flwkbl2"></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3297286/deepseeks-success-gives-chinese-firms-jolt-beijing-seeks-sanction-beating-breakthroughs" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">DeepSeek’s success gives Chinese firms jolt in quest to leapfrog sanctions</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3297286/deepseeks-success-gives-chinese-firms-jolt-beijing-seeks-sanction-beating-breakthroughs" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/02/04/46662f80-f973-43c5-8070-b25067846c1a_a1a9b6ab.jpg?itok=XUKYUWn1&amp;v=1738652564" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/02/04/46662f80-f973-43c5-8070-b25067846c1a_a1a9b6ab.jpg?itok=XUKYUWn1&amp;v=1738652564" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2025/02/04/46662f80-f973-43c5-8070-b25067846c1a_a1a9b6ab.jpg?itok=zENfHfEg&amp;v=1738652564" data-qa="BaseImage-source-2"/><img alt="The success of China’s AI start-up DeepSeek has inspired other domestic firms to strive for tech breakthroughs. Photo: Reuters" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/02/04/46662f80-f973-43c5-8070-b25067846c1a_a1a9b6ab.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/02/04/46662f80-f973-43c5-8070-b25067846c1a_a1a9b6ab.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Artificial intelligence start-up’s rise to prominence can motivate China’s tech industry, analysts said, even as US-led curbs continue. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-02-05T04:45:44.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">5 Feb 2025 - 12:45PM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><a target="_self" class="css-e0dnmk ecgc78b0" href="/economy/china-economy/article/3297286/deepseeks-success-gives-chinese-firms-jolt-beijing-seeks-sanction-beating-breakthroughs#comments" data-qa="BaseLink-renderAnchor-StyledAnchor"><div class="e16puzk40 css-1cg7lsf e6yzu580" data-qa="ArticleComment-Container"><span>6</span><svg height="15" viewBox="0 0 18 18" width="15" xmlns="http://www.w3.org/2000/svg" data-qa="ArticleComment-StyledCommentIcon" class="css-0 e6yzu581"><path d="M4.73 13.852h9.176c.545 0 1.014-.2 1.405-.598a1.94 1.94 0 0 0 .587-1.406V3.094c0-.539-.196-1.008-.587-1.406a1.904 1.904 0 0 0-1.405-.598H3.094c-.545 0-1.014.2-1.405.598-.39.398-.587.867-.587 1.406v12.938zM16.093.914A3.03 3.03 0 0 1 17 3.13v8.683c0 .868-.302 1.606-.907 2.215a2.967 2.967 0 0 1-2.187.914H5.014L0 18V3.129C0 2.262.302 1.524.907.914A2.972 2.972 0 0 1 3.094 0h10.812c.854 0 1.583.305 2.187.914z" fill="currentColor" fill-rule="evenodd"></path></svg></div></a><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3297180/chinas-henan-urges-local-entrepreneurs-dare-invest-amid-slowdown" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">China’s Henan urges local entrepreneurs to ‘dare to invest’ amid slowdown</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3297180/chinas-henan-urges-local-entrepreneurs-dare-invest-amid-slowdown" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/02/03/309ba3e4-5e63-4068-9268-53d314547daf_54d03d85.jpg?itok=Cf2YfEHN&amp;v=1738574407" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/02/03/309ba3e4-5e63-4068-9268-53d314547daf_54d03d85.jpg?itok=Cf2YfEHN&amp;v=1738574407" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2025/02/03/309ba3e4-5e63-4068-9268-53d314547daf_54d03d85.jpg?itok=3hyq-s-C&amp;v=1738574407" data-qa="BaseImage-source-2"/><img alt="An employee works on the production line of a machinery factory in Anyang, Henan Province. The region has issued a plea for private companies to “dare to invest” in Henan amid a period of economic uncertainty. Photo: Getty Images" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/02/03/309ba3e4-5e63-4068-9268-53d314547daf_54d03d85.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/02/03/309ba3e4-5e63-4068-9268-53d314547daf_54d03d85.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">The central province has vowed to ‘protect’ and ‘listen to’ the private sector, as China’s leaders strive to restore confidence and shore up economic growth. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-02-03T09:20:10.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">3 Feb 2025 - 5:20PM</time><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3296581/high-steaks-challenge-how-china-feeds-its-huge-meat-hungry-population" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">High-steaks challenge: how China feeds its huge, meat-hungry population</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3296581/high-steaks-challenge-how-china-feeds-its-huge-meat-hungry-population" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/28/3279c0c9-ffc3-4a4b-8bf5-314ed78f701e_35eadf21.jpg?itok=rN16QW3z&amp;v=1738050696" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/28/3279c0c9-ffc3-4a4b-8bf5-314ed78f701e_35eadf21.jpg?itok=rN16QW3z&amp;v=1738050696" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2025/01/28/3279c0c9-ffc3-4a4b-8bf5-314ed78f701e_35eadf21.jpg?itok=lc65FtSN&amp;v=1738050696" data-qa="BaseImage-source-2"/><img alt="Shoppers purchase beef at a supermarket in southeastern China. The country’s meat consumption has risen rapidly over the past decade. Photo: Getty Images" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/28/3279c0c9-ffc3-4a4b-8bf5-314ed78f701e_35eadf21.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/28/3279c0c9-ffc3-4a4b-8bf5-314ed78f701e_35eadf21.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">China’s 1.4 billion consumers have developed Western-style appetites for high-protein foods such as pork and beef, prompting far-reaching changes in the global economy. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-01-30T02:12:59.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">30 Jan 2025 - 10:12AM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><a target="_self" class="css-e0dnmk ecgc78b0" href="/economy/china-economy/article/3296581/high-steaks-challenge-how-china-feeds-its-huge-meat-hungry-population#comments" data-qa="BaseLink-renderAnchor-StyledAnchor"><div class="e16puzk40 css-1cg7lsf e6yzu580" data-qa="ArticleComment-Container"><span>8</span><svg height="15" viewBox="0 0 18 18" width="15" xmlns="http://www.w3.org/2000/svg" data-qa="ArticleComment-StyledCommentIcon" class="css-0 e6yzu581"><path d="M4.73 13.852h9.176c.545 0 1.014-.2 1.405-.598a1.94 1.94 0 0 0 .587-1.406V3.094c0-.539-.196-1.008-.587-1.406a1.904 1.904 0 0 0-1.405-.598H3.094c-.545 0-1.014.2-1.405.598-.39.398-.587.867-.587 1.406v12.938zM16.093.914A3.03 3.03 0 0 1 17 3.13v8.683c0 .868-.302 1.606-.907 2.215a2.967 2.967 0 0 1-2.187.914H5.014L0 18V3.129C0 2.262.302 1.524.907.914A2.972 2.972 0 0 1 3.094 0h10.812c.854 0 1.583.305 2.187.914z" fill="currentColor" fill-rule="evenodd"></path></svg></div></a><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3296594/chinas-deepseek-shocked-tech-world-can-its-home-province-do-it-again" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">China’s DeepSeek shocked the tech world. Can its home province do it again?</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3296594/chinas-deepseek-shocked-tech-world-can-its-home-province-do-it-again" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/28/c708ce22-36cd-4a08-b91e-4e7c9408c355_fa7b954c.jpg?itok=Qy54Z911&amp;v=1738053865" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/28/c708ce22-36cd-4a08-b91e-4e7c9408c355_fa7b954c.jpg?itok=Qy54Z911&amp;v=1738053865" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2025/01/28/c708ce22-36cd-4a08-b91e-4e7c9408c355_fa7b954c.jpg?itok=7feVbWjP&amp;v=1738053865" data-qa="BaseImage-source-2"/><img alt="China’s DeepSeek has emerged as a major player in the US-dominated industry of artificial intelligence software. Photo: Reuters" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/28/c708ce22-36cd-4a08-b91e-4e7c9408c355_fa7b954c.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/28/c708ce22-36cd-4a08-b91e-4e7c9408c355_fa7b954c.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Zhejiang, home to AI upstart DeepSeek and other firms, endeavours to be a world-leading incubator for the bleeding edge of tech. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-01-29T04:00:09.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">29 Jan 2025 - 12:00PM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><a target="_self" class="css-e0dnmk ecgc78b0" href="/economy/china-economy/article/3296594/chinas-deepseek-shocked-tech-world-can-its-home-province-do-it-again#comments" data-qa="BaseLink-renderAnchor-StyledAnchor"><div class="e16puzk40 css-1cg7lsf e6yzu580" data-qa="ArticleComment-Container"><span>49</span><svg height="15" viewBox="0 0 18 18" width="15" xmlns="http://www.w3.org/2000/svg" data-qa="ArticleComment-StyledCommentFilledIcon" class="css-0 e6yzu582"><path d="M14 .5A2.496 2.496 0 0 1 16.5 3v9c0 .69-.28 1.315-.732 1.768A2.492 2.492 0 0 1 14 14.5H4.764L.5 17.108V3c0-.69.28-1.315.732-1.768A2.492 2.492 0 0 1 3 .5z" fill="currentColor" fill-opacity="0.15" stroke="currentColor"></path></svg></div></a><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/news/china/article/3296280/open-source-china-can-best-counter-trumps-protectionist-chaos-beijing-adviser" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">An ‘open’ China is best answer to Trump tariffs, protectionism: Beijing adviser</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/news/china/article/3296280/open-source-china-can-best-counter-trumps-protectionist-chaos-beijing-adviser" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/25/60a909df-5b79-4fa3-a89e-34e0c0dde734_e81f3c52.jpg?itok=XdW125tB&amp;v=1737808355" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/25/60a909df-5b79-4fa3-a89e-34e0c0dde734_e81f3c52.jpg?itok=XdW125tB&amp;v=1737808355" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2025/01/25/60a909df-5b79-4fa3-a89e-34e0c0dde734_e81f3c52.jpg?itok=w8rIggy1&amp;v=1737808355" data-qa="BaseImage-source-2"/><img alt="Semiconductor chips are readied for export at a factory in Binzhou, in eastern China’s Shandong province. Photo: AFP" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/25/60a909df-5b79-4fa3-a89e-34e0c0dde734_e81f3c52.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/25/60a909df-5b79-4fa3-a89e-34e0c0dde734_e81f3c52.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">World looking to China as US President Donald Trump attacks globalisation, but it first needs firm political resolve, Zheng Yongnian says. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-01-25T13:38:26.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">25 Jan 2025 - 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Photo: EPA-EFE" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/23/f20659b9-cd23-4d81-aa94-27241ebd93f9_2481a8b2.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/23/f20659b9-cd23-4d81-aa94-27241ebd93f9_2481a8b2.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Talks with Warner Bros could see a 40-year-old theme park in Shanghai converted into an immersive experience for fans of the ‘wizarding world’. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-01-24T00:00:13.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">24 Jan 2025 - 8:00AM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/global-economy/article/3295687/well-be-surprised-us-china-improvements-harvard-scholar-argues-davos" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">‘We’ll be surprised’ by US-China improvements, Harvard scholar argues in Davos</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/global-economy/article/3295687/well-be-surprised-us-china-improvements-harvard-scholar-argues-davos" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/21/050ff010-e748-4072-a9a2-0fd5662493f3_fd3c06cc.jpg?itok=7q4etb8E&amp;v=1737460067" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/21/050ff010-e748-4072-a9a2-0fd5662493f3_fd3c06cc.jpg?itok=7q4etb8E&amp;v=1737460067" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2025/01/21/050ff010-e748-4072-a9a2-0fd5662493f3_fd3c06cc.jpg?itok=E0BXGTde&amp;v=1737460067" data-qa="BaseImage-source-2"/><img alt="Graham Allison, a professor with the Harvard Kennedy School of Government, expects ties between the US and China to improve this year. Photo: World Economic Forum" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/21/050ff010-e748-4072-a9a2-0fd5662493f3_fd3c06cc.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/21/050ff010-e748-4072-a9a2-0fd5662493f3_fd3c06cc.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Graham Allison bucks a trend among analysts warning of worsening ties between the world’s biggest economies, and he does not see Donald Trump as a China hawk. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-01-21T15:04:01.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">21 Jan 2025 - 11:04PM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3294965/xi-emphasises-opening-improving-business-environment-ahead-trump-inauguration" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">Xi Jinping urges further opening up ahead of Trump inauguration</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3294965/xi-emphasises-opening-improving-business-environment-ahead-trump-inauguration" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/16/c7968cf3-9765-42bd-b9c3-78a9a5df53df_a3ceb116.jpg?itok=0mnkSw5e&amp;v=1737000837" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/16/c7968cf3-9765-42bd-b9c3-78a9a5df53df_a3ceb116.jpg?itok=0mnkSw5e&amp;v=1737000837" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2025/01/16/c7968cf3-9765-42bd-b9c3-78a9a5df53df_a3ceb116.jpg?itok=IIG_53hZ&amp;v=1737000837" data-qa="BaseImage-source-2"/><img alt="A cargo ship loaded with containers sails out of Qingdao Port, in east China’s Shandong province, on January 13. Photo: AFP" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/16/c7968cf3-9765-42bd-b9c3-78a9a5df53df_a3ceb116.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/16/c7968cf3-9765-42bd-b9c3-78a9a5df53df_a3ceb116.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Release of speech trumpeting role of free-trade zones seen as effort to bolster market sentiment ahead of any disruption to Sino-US ties. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-01-16T09:16:39.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">16 Jan 2025 - 5:16PM</time><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3294861/applicants-wanted-chinas-c919-benefit-beijing-bankrolls-large-aircraft-research" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">China’s C919 to benefit as Beijing bankrolls ‘large aircraft’ research</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3294861/applicants-wanted-chinas-c919-benefit-beijing-bankrolls-large-aircraft-research" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/15/98ce0bc8-bd59-4fd0-a6e5-f1521964234a_ae20bbbf.jpg?itok=POXRSqdx&amp;v=1736930971" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/15/98ce0bc8-bd59-4fd0-a6e5-f1521964234a_ae20bbbf.jpg?itok=POXRSqdx&amp;v=1736930971" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2025/01/15/98ce0bc8-bd59-4fd0-a6e5-f1521964234a_ae20bbbf.jpg?itok=NTy0pTKN&amp;v=1736930971" data-qa="BaseImage-source-2"/><img alt="A passenger poses for a photo on China Eastern Airlines’ maiden C919 flight from Hong Kong to Shanghai on January 1. Photo: Nora Tam" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/15/98ce0bc8-bd59-4fd0-a6e5-f1521964234a_ae20bbbf.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/15/98ce0bc8-bd59-4fd0-a6e5-f1521964234a_ae20bbbf.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Capital grant funding will be doled out to worthy applicants as China rallies nation’s engineering brainpower to boost indigenous tech for home-grown planes. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-01-15T11:07:11.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">15 Jan 2025 - 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Photo: Reuters" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/13/09b61c99-0434-4286-ab42-f99945ea794f_b945ca38.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/13/09b61c99-0434-4286-ab42-f99945ea794f_b945ca38.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">For companies that have reached the upper limit of overseas financing, a relaxation may be welcome, but the move’s effectiveness remains unclear as rate spread with US dollar widens. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-01-13T06:20:43.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">13 Jan 2025 - 2:20PM</time><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/global-economy/article/3293775/us-china-dialogue-touches-candid-concerns-trump-takes-office" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">US-China dialogue touches on ‘candid’ concerns before Trump takes office</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/global-economy/article/3293775/us-china-dialogue-touches-candid-concerns-trump-takes-office" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/07/ae4c1cbe-0dc8-4fb6-bbc3-bbe3d5d96944_baa2f27c.jpg?itok=0aE78OCH&amp;v=1736246345" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/07/ae4c1cbe-0dc8-4fb6-bbc3-bbe3d5d96944_baa2f27c.jpg?itok=0aE78OCH&amp;v=1736246345" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2025/01/07/ae4c1cbe-0dc8-4fb6-bbc3-bbe3d5d96944_baa2f27c.jpg?itok=mdUSJGFw&amp;v=1736246345" data-qa="BaseImage-source-2"/><img alt="US president-elect Donald Trump said on Monday that he and President Xi Jinping were speaking through representatives. Photo: AP" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/07/ae4c1cbe-0dc8-4fb6-bbc3-bbe3d5d96944_baa2f27c.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/07/ae4c1cbe-0dc8-4fb6-bbc3-bbe3d5d96944_baa2f27c.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">US president-elect says he and Xi have spoken through representatives, but it is unclear if virtual communication system will be used again. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-01-07T16:26:19.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">8 Jan 2025 - 12:26AM</time><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><a target="_self" class="css-e0dnmk ecgc78b0" href="/economy/global-economy/article/3293775/us-china-dialogue-touches-candid-concerns-trump-takes-office#comments" data-qa="BaseLink-renderAnchor-StyledAnchor"><div class="e16puzk40 css-1cg7lsf e6yzu580" data-qa="ArticleComment-Container"><span>25</span><svg height="15" viewBox="0 0 18 18" width="15" xmlns="http://www.w3.org/2000/svg" data-qa="ArticleComment-StyledCommentIcon" class="css-0 e6yzu581"><path d="M4.73 13.852h9.176c.545 0 1.014-.2 1.405-.598a1.94 1.94 0 0 0 .587-1.406V3.094c0-.539-.196-1.008-.587-1.406a1.904 1.904 0 0 0-1.405-.598H3.094c-.545 0-1.014.2-1.405.598-.39.398-.587.867-.587 1.406v12.938zM16.093.914A3.03 3.03 0 0 1 17 3.13v8.683c0 .868-.302 1.606-.907 2.215a2.967 2.967 0 0 1-2.187.914H5.014L0 18V3.129C0 2.262.302 1.524.907.914A2.972 2.972 0 0 1 3.094 0h10.812c.854 0 1.583.305 2.187.914z" fill="currentColor" fill-rule="evenodd"></path></svg></div></a><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/global-economy/article/3293685/shanghai-draws-s-koreans-droves-chinas-visa-free-entry-entices-travellers" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">Shanghai draws S Koreans in droves as China’s visa-free entry entices travellers</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/global-economy/article/3293685/shanghai-draws-s-koreans-droves-chinas-visa-free-entry-entices-travellers" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/07/aa4cd9e5-cf1d-45bc-b9c6-fb6d6ef3b26f_81843e01.jpg?itok=RW7AjeWn&amp;v=1736221162" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/07/aa4cd9e5-cf1d-45bc-b9c6-fb6d6ef3b26f_81843e01.jpg?itok=RW7AjeWn&amp;v=1736221162" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2025/01/07/aa4cd9e5-cf1d-45bc-b9c6-fb6d6ef3b26f_81843e01.jpg?itok=nol_XQ-7&amp;v=1736221162" data-qa="BaseImage-source-2"/><img alt="A South Korean tourist takes photos at Yuyuan Garden Mall in China’s Shanghai on Christmas Day. Photo: Xinhua" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/07/aa4cd9e5-cf1d-45bc-b9c6-fb6d6ef3b26f_81843e01.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/07/aa4cd9e5-cf1d-45bc-b9c6-fb6d6ef3b26f_81843e01.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Even some less-visited places around Shanghai are gaining popularity, but the language barrier, pollution and internet censorship may still deter some visits. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-01-07T03:39:25.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">7 Jan 2025 - 11:39AM</time><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><a target="_self" class="css-e0dnmk ecgc78b0" href="/economy/global-economy/article/3293685/shanghai-draws-s-koreans-droves-chinas-visa-free-entry-entices-travellers#comments" data-qa="BaseLink-renderAnchor-StyledAnchor"><div class="e16puzk40 css-1cg7lsf e6yzu580" data-qa="ArticleComment-Container"><span>13</span><svg height="15" viewBox="0 0 18 18" width="15" xmlns="http://www.w3.org/2000/svg" data-qa="ArticleComment-StyledCommentIcon" class="css-0 e6yzu581"><path d="M4.73 13.852h9.176c.545 0 1.014-.2 1.405-.598a1.94 1.94 0 0 0 .587-1.406V3.094c0-.539-.196-1.008-.587-1.406a1.904 1.904 0 0 0-1.405-.598H3.094c-.545 0-1.014.2-1.405.598-.39.398-.587.867-.587 1.406v12.938zM16.093.914A3.03 3.03 0 0 1 17 3.13v8.683c0 .868-.302 1.606-.907 2.215a2.967 2.967 0 0 1-2.187.914H5.014L0 18V3.129C0 2.262.302 1.524.907.914A2.972 2.972 0 0 1 3.094 0h10.812c.854 0 1.583.305 2.187.914z" fill="currentColor" fill-rule="evenodd"></path></svg></div></a><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3293338/chinas-comac-doubles-down-safety-c919-roll-out-enters-critical-stage" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">China’s Comac to double down on safety as global aviation industry reels from deadly crashes</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3293338/chinas-comac-doubles-down-safety-c919-roll-out-enters-critical-stage" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/03/01020ca5-4078-4761-bcca-a74a1812d583_439cd586.jpg?itok=Ws11SrCK&amp;v=1735899566" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/03/01020ca5-4078-4761-bcca-a74a1812d583_439cd586.jpg?itok=Ws11SrCK&amp;v=1735899566" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2025/01/03/01020ca5-4078-4761-bcca-a74a1812d583_439cd586.jpg?itok=N4bPev38&amp;v=1735899566" data-qa="BaseImage-source-2"/><img alt="The C919, China’s first domestically developed narrowbody passenger jet, takes off in Hong Kong. Photo: SCMP" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/03/01020ca5-4078-4761-bcca-a74a1812d583_439cd586.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/03/01020ca5-4078-4761-bcca-a74a1812d583_439cd586.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">The company said that 2025 would be a challenging year, as the global aviation industry faced a ‘severe, complex safety situation’. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-01-03T13:43:27.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">3 Jan 2025 - 9:43PM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><a target="_self" class="css-e0dnmk ecgc78b0" href="/economy/china-economy/article/3293338/chinas-comac-doubles-down-safety-c919-roll-out-enters-critical-stage#comments" data-qa="BaseLink-renderAnchor-StyledAnchor"><div class="e16puzk40 css-1cg7lsf e6yzu580" data-qa="ArticleComment-Container"><span>13</span><svg height="15" viewBox="0 0 18 18" width="15" xmlns="http://www.w3.org/2000/svg" data-qa="ArticleComment-StyledCommentIcon" class="css-0 e6yzu581"><path d="M4.73 13.852h9.176c.545 0 1.014-.2 1.405-.598a1.94 1.94 0 0 0 .587-1.406V3.094c0-.539-.196-1.008-.587-1.406a1.904 1.904 0 0 0-1.405-.598H3.094c-.545 0-1.014.2-1.405.598-.39.398-.587.867-.587 1.406v12.938zM16.093.914A3.03 3.03 0 0 1 17 3.13v8.683c0 .868-.302 1.606-.907 2.215a2.967 2.967 0 0 1-2.187.914H5.014L0 18V3.129C0 2.262.302 1.524.907.914A2.972 2.972 0 0 1 3.094 0h10.812c.854 0 1.583.305 2.187.914z" fill="currentColor" fill-rule="evenodd"></path></svg></div></a><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3293172/chinas-nuclear-power-drive-gains-steam-major-new-reactor-comes-online" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">China’s nuclear power drive gains steam as major new reactor comes online</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3293172/chinas-nuclear-power-drive-gains-steam-major-new-reactor-comes-online" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/02/d325b8de-ee0e-4687-819d-095b5e68d76d_58ed1019.jpg?itok=NrHRXpWX&amp;v=1735808807" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2025/01/02/d325b8de-ee0e-4687-819d-095b5e68d76d_58ed1019.jpg?itok=NrHRXpWX&amp;v=1735808807" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2025/01/02/d325b8de-ee0e-4687-819d-095b5e68d76d_58ed1019.jpg?itok=wTLJeLNK&amp;v=1735808807" data-qa="BaseImage-source-2"/><img alt="The first reactor at the Zhangzhou nuclear plant in southeastern China’s Fujian province. The reactor went into commercial operation on New Year’s Day. Photo: Xinhua" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/02/d325b8de-ee0e-4687-819d-095b5e68d76d_58ed1019.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/01/02/d325b8de-ee0e-4687-819d-095b5e68d76d_58ed1019.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">The project in Fujian province is the first example of China’s third-generation Hualong One reactor being put into large-scale commercial operation. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-01-02T12:00:18.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">2 Jan 2025 - 8:00PM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3292781/chinas-c919-preps-busy-2025-manufacturer-makes-expansion-plans" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">China’s C919 preps for busy 2025 as manufacturer makes expansion plans</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3292781/chinas-c919-preps-busy-2025-manufacturer-makes-expansion-plans" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/30/cbe59033-a0c7-405c-8955-c10c668bdab2_a4c3b81d.jpg?itok=y11UB9hk&amp;v=1735556367" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/30/cbe59033-a0c7-405c-8955-c10c668bdab2_a4c3b81d.jpg?itok=y11UB9hk&amp;v=1735556367" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2024/12/30/cbe59033-a0c7-405c-8955-c10c668bdab2_a4c3b81d.jpg?itok=uQYuHLd0&amp;v=1735556367" data-qa="BaseImage-source-2"/><img alt="China’s premier aerospace manufacturer is gearing up for a busy 2025 as its purchase order backlog grows. Photo: Xinhua" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/30/cbe59033-a0c7-405c-8955-c10c668bdab2_a4c3b81d.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/30/cbe59033-a0c7-405c-8955-c10c668bdab2_a4c3b81d.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">With an extensive backlog of orders, China’s premier planemaker is boosting its production capacity to rev up output for the new year. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-01-03T14:03:34.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">3 Jan 2025 - 10:03PM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><a target="_self" class="css-e0dnmk ecgc78b0" href="/economy/china-economy/article/3292781/chinas-c919-preps-busy-2025-manufacturer-makes-expansion-plans#comments" data-qa="BaseLink-renderAnchor-StyledAnchor"><div class="e16puzk40 css-1cg7lsf e6yzu580" data-qa="ArticleComment-Container"><span>14</span><svg height="15" viewBox="0 0 18 18" width="15" xmlns="http://www.w3.org/2000/svg" data-qa="ArticleComment-StyledCommentIcon" class="css-0 e6yzu581"><path d="M4.73 13.852h9.176c.545 0 1.014-.2 1.405-.598a1.94 1.94 0 0 0 .587-1.406V3.094c0-.539-.196-1.008-.587-1.406a1.904 1.904 0 0 0-1.405-.598H3.094c-.545 0-1.014.2-1.405.598-.39.398-.587.867-.587 1.406v12.938zM16.093.914A3.03 3.03 0 0 1 17 3.13v8.683c0 .868-.302 1.606-.907 2.215a2.967 2.967 0 0 1-2.187.914H5.014L0 18V3.129C0 2.262.302 1.524.907.914A2.972 2.972 0 0 1 3.094 0h10.812c.854 0 1.583.305 2.187.914z" fill="currentColor" fill-rule="evenodd"></path></svg></div></a><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3292479/chinas-c919-airliner-could-spread-wings-parts-asia-next-year" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">Starting with Hong Kong, China’s C919 jet set to spread wings in Asia next year</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3292479/chinas-c919-airliner-could-spread-wings-parts-asia-next-year" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/27/42dd6c45-0d09-4ca9-9ccb-bde8c1bc8e21_040a1154.jpg?itok=WYHVzGap&amp;v=1735289497" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/27/42dd6c45-0d09-4ca9-9ccb-bde8c1bc8e21_040a1154.jpg?itok=WYHVzGap&amp;v=1735289497" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2024/12/27/42dd6c45-0d09-4ca9-9ccb-bde8c1bc8e21_040a1154.jpg?itok=sPfsQnV6&amp;v=1735289497" data-qa="BaseImage-source-2"/><img alt="C919s at the Singapore Airshow in February. Photo: Xinhua" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/27/42dd6c45-0d09-4ca9-9ccb-bde8c1bc8e21_040a1154.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/27/42dd6c45-0d09-4ca9-9ccb-bde8c1bc8e21_040a1154.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Landing in city on first day of new year will mark start of daily return service from Shanghai. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-01-02T04:06:02.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">2 Jan 2025 - 12:06PM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><a target="_self" class="css-e0dnmk ecgc78b0" href="/economy/china-economy/article/3292479/chinas-c919-airliner-could-spread-wings-parts-asia-next-year#comments" data-qa="BaseLink-renderAnchor-StyledAnchor"><div class="e16puzk40 css-1cg7lsf e6yzu580" data-qa="ArticleComment-Container"><span>12</span><svg height="15" viewBox="0 0 18 18" width="15" xmlns="http://www.w3.org/2000/svg" data-qa="ArticleComment-StyledCommentIcon" class="css-0 e6yzu581"><path d="M4.73 13.852h9.176c.545 0 1.014-.2 1.405-.598a1.94 1.94 0 0 0 .587-1.406V3.094c0-.539-.196-1.008-.587-1.406a1.904 1.904 0 0 0-1.405-.598H3.094c-.545 0-1.014.2-1.405.598-.39.398-.587.867-.587 1.406v12.938zM16.093.914A3.03 3.03 0 0 1 17 3.13v8.683c0 .868-.302 1.606-.907 2.215a2.967 2.967 0 0 1-2.187.914H5.014L0 18V3.129C0 2.262.302 1.524.907.914A2.972 2.972 0 0 1 3.094 0h10.812c.854 0 1.583.305 2.187.914z" fill="currentColor" fill-rule="evenodd"></path></svg></div></a><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3292151/chinas-finance-ministry-vows-measures-boost-consumption-and-investment-next-year" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">China’s finance ministry vows measures to boost consumption and investment</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3292151/chinas-finance-ministry-vows-measures-boost-consumption-and-investment-next-year" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/24/101a473e-6a77-4d08-9389-881485f977d3_4b19f32e.jpg?itok=JjoiYwWR&amp;v=1735028184" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/24/101a473e-6a77-4d08-9389-881485f977d3_4b19f32e.jpg?itok=JjoiYwWR&amp;v=1735028184" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2024/12/24/101a473e-6a77-4d08-9389-881485f977d3_4b19f32e.jpg?itok=6YEtO3VJ&amp;v=1735028184" data-qa="BaseImage-source-2"/><img alt="A woman poses next to a Christmas tree in a shop selling Russian products in Wuhan, Hubei province, on Sunday. Photo: AFP" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/24/101a473e-6a77-4d08-9389-881485f977d3_4b19f32e.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/24/101a473e-6a77-4d08-9389-881485f977d3_4b19f32e.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Other priorities set out at meeting include strengthening supply chains, more fiscal backing for tech-focused start-ups, and more aid to businesses facing difficulties. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2024-12-24T10:30:10.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">24 Dec 2024 - 6:30PM</time><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><a target="_self" class="css-e0dnmk ecgc78b0" href="/economy/china-economy/article/3292151/chinas-finance-ministry-vows-measures-boost-consumption-and-investment-next-year#comments" data-qa="BaseLink-renderAnchor-StyledAnchor"><div class="e16puzk40 css-1cg7lsf e6yzu580" data-qa="ArticleComment-Container"><span>4</span><svg height="15" viewBox="0 0 18 18" width="15" xmlns="http://www.w3.org/2000/svg" data-qa="ArticleComment-StyledCommentIcon" class="css-0 e6yzu581"><path d="M4.73 13.852h9.176c.545 0 1.014-.2 1.405-.598a1.94 1.94 0 0 0 .587-1.406V3.094c0-.539-.196-1.008-.587-1.406a1.904 1.904 0 0 0-1.405-.598H3.094c-.545 0-1.014.2-1.405.598-.39.398-.587.867-.587 1.406v12.938zM16.093.914A3.03 3.03 0 0 1 17 3.13v8.683c0 .868-.302 1.606-.907 2.215a2.967 2.967 0 0 1-2.187.914H5.014L0 18V3.129C0 2.262.302 1.524.907.914A2.972 2.972 0 0 1 3.094 0h10.812c.854 0 1.583.305 2.187.914z" fill="currentColor" fill-rule="evenodd"></path></svg></div></a><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3291727/chinas-c919-jet-faces-crunch-test-its-network-rapidly-expands" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">China’s C919 jet faces key test as it spreads its wings to 10 major cities</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3291727/chinas-c919-jet-faces-crunch-test-its-network-rapidly-expands" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/20/cd1ab111-d592-40b3-be49-a3dd1eaa229e_e82484ec.jpg?itok=Ss05p_NC&amp;v=1734687584" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/20/cd1ab111-d592-40b3-be49-a3dd1eaa229e_e82484ec.jpg?itok=Ss05p_NC&amp;v=1734687584" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2024/12/20/cd1ab111-d592-40b3-be49-a3dd1eaa229e_e82484ec.jpg?itok=xYM5l-7z&amp;v=1734687584" data-qa="BaseImage-source-2"/><img alt="China’s homegrown C919 jetliner receives a water salute as it arrives in the southern Chinese city of Guangzhou in August. Photo: Getty Images " data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/20/cd1ab111-d592-40b3-be49-a3dd1eaa229e_e82484ec.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/20/cd1ab111-d592-40b3-be49-a3dd1eaa229e_e82484ec.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">The Chinese passenger aircraft is now flying to 10 major cities as it seeks to convince Western regulators of its reliability. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2025-01-03T13:48:29.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">3 Jan 2025 - 9:48PM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><a target="_self" class="css-e0dnmk ecgc78b0" href="/economy/china-economy/article/3291727/chinas-c919-jet-faces-crunch-test-its-network-rapidly-expands#comments" data-qa="BaseLink-renderAnchor-StyledAnchor"><div class="e16puzk40 css-1cg7lsf e6yzu580" data-qa="ArticleComment-Container"><span>55</span><svg height="15" viewBox="0 0 18 18" width="15" xmlns="http://www.w3.org/2000/svg" data-qa="ArticleComment-StyledCommentFilledIcon" class="css-0 e6yzu582"><path d="M14 .5A2.496 2.496 0 0 1 16.5 3v9c0 .69-.28 1.315-.732 1.768A2.492 2.492 0 0 1 14 14.5H4.764L.5 17.108V3c0-.69.28-1.315.732-1.768A2.492 2.492 0 0 1 3 .5z" fill="currentColor" fill-opacity="0.15" stroke="currentColor"></path></svg></div></a><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3291908/chinas-top-auditor-puts-authorities-notice-over-unpaid-bills-businesses" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">China’s top auditor puts authorities on notice over unpaid bills to businesses</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3291908/chinas-top-auditor-puts-authorities-notice-over-unpaid-bills-businesses" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/22/0869737b-3fa2-4aea-9fb1-f3aa5154e9a0_c4fe1167.jpg?itok=wTEE3gGg&amp;v=1734871001" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/22/0869737b-3fa2-4aea-9fb1-f3aa5154e9a0_c4fe1167.jpg?itok=wTEE3gGg&amp;v=1734871001" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2024/12/22/0869737b-3fa2-4aea-9fb1-f3aa5154e9a0_c4fe1167.jpg?itok=WhtVxmYw&amp;v=1734871001" data-qa="BaseImage-source-2"/><img alt="Contractors have been left billions of yuan out of pocket by local governments, according to a National Audit Office report. Photo: Shutterstock" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/22/0869737b-3fa2-4aea-9fb1-f3aa5154e9a0_c4fe1167.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/22/0869737b-3fa2-4aea-9fb1-f3aa5154e9a0_c4fe1167.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Contractors have been short-changed by unbudgeted government infrastructure projects, NAO report says. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2024-12-22T13:00:12.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">22 Dec 2024 - 9:00PM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3291898/western-trade-helps-buoy-xinjiangs-exports-signs-slowing-growth-november" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">Western trade helps buoy Xinjiang’s exports but signs emerge of slowing growth</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3291898/western-trade-helps-buoy-xinjiangs-exports-signs-slowing-growth-november" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/22/28341a6d-af9b-4269-880a-c72eac828d73_730e0b9f.jpg?itok=zPt7-BiB&amp;v=1734863245" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/22/28341a6d-af9b-4269-880a-c72eac828d73_730e0b9f.jpg?itok=zPt7-BiB&amp;v=1734863245" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2024/12/22/28341a6d-af9b-4269-880a-c72eac828d73_730e0b9f.jpg?itok=jorwK1HN&amp;v=1734863245" data-qa="BaseImage-source-2"/><img alt="Xinjiang’s foreign trade has been on a roll this year, according to China Customs data. Photo: cnsphoto" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/22/28341a6d-af9b-4269-880a-c72eac828d73_730e0b9f.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/22/28341a6d-af9b-4269-880a-c72eac828d73_730e0b9f.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">The region’s trade volume has risen by roughly a quarter this year, with electrical products and garments leading the way. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2024-12-22T12:00:10.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">22 Dec 2024 - 8:00PM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><a target="_self" class="css-e0dnmk ecgc78b0" href="/economy/china-economy/article/3291898/western-trade-helps-buoy-xinjiangs-exports-signs-slowing-growth-november#comments" data-qa="BaseLink-renderAnchor-StyledAnchor"><div class="e16puzk40 css-1cg7lsf e6yzu580" data-qa="ArticleComment-Container"><span>4</span><svg height="15" viewBox="0 0 18 18" width="15" xmlns="http://www.w3.org/2000/svg" data-qa="ArticleComment-StyledCommentIcon" class="css-0 e6yzu581"><path d="M4.73 13.852h9.176c.545 0 1.014-.2 1.405-.598a1.94 1.94 0 0 0 .587-1.406V3.094c0-.539-.196-1.008-.587-1.406a1.904 1.904 0 0 0-1.405-.598H3.094c-.545 0-1.014.2-1.405.598-.39.398-.587.867-.587 1.406v12.938zM16.093.914A3.03 3.03 0 0 1 17 3.13v8.683c0 .868-.302 1.606-.907 2.215a2.967 2.967 0 0 1-2.187.914H5.014L0 18V3.129C0 2.262.302 1.524.907.914A2.972 2.972 0 0 1 3.094 0h10.812c.854 0 1.583.305 2.187.914z" fill="currentColor" fill-rule="evenodd"></path></svg></div></a><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/china-economy/article/3291391/chinas-bull-run-bonds-triggers-fresh-warning-central-bank-amid-record-low-yields" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">China’s record-low government bond yields spark fresh warning from central bank</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/china-economy/article/3291391/chinas-bull-run-bonds-triggers-fresh-warning-central-bank-amid-record-low-yields" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/18/55dd0775-e63f-4a84-9487-278144d2a638_11dd57a2.jpg?itok=Pf1cKFel&amp;v=1734516527" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/18/55dd0775-e63f-4a84-9487-278144d2a638_11dd57a2.jpg?itok=Pf1cKFel&amp;v=1734516527" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2024/12/18/55dd0775-e63f-4a84-9487-278144d2a638_11dd57a2.jpg?itok=DbqS9Vsi&amp;v=1734516527" data-qa="BaseImage-source-2"/><img alt="China’s 10-year bond yield has continued its extended slump, hitting a record low this month as investors scramble for safe-haven options such as ultra-long-term bonds. Photo: AFP" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/18/55dd0775-e63f-4a84-9487-278144d2a638_11dd57a2.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/18/55dd0775-e63f-4a84-9487-278144d2a638_11dd57a2.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Institutions are being warned as bearish investor sentiment, and an expectation of lower interest rates, continue to make the bond market a sought-after haven. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2024-12-18T11:30:07.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">18 Dec 2024 - 7:30PM</time><span class="material-icons e16puzk44 css-1xcu7u2 e4r93eh0" data-qa="Icon-IconStyled">videocam</span><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><a target="_self" class="css-e0dnmk ecgc78b0" href="/economy/china-economy/article/3291391/chinas-bull-run-bonds-triggers-fresh-warning-central-bank-amid-record-low-yields#comments" data-qa="BaseLink-renderAnchor-StyledAnchor"><div class="e16puzk40 css-1cg7lsf e6yzu580" data-qa="ArticleComment-Container"><span>5</span><svg height="15" viewBox="0 0 18 18" width="15" xmlns="http://www.w3.org/2000/svg" data-qa="ArticleComment-StyledCommentIcon" class="css-0 e6yzu581"><path d="M4.73 13.852h9.176c.545 0 1.014-.2 1.405-.598a1.94 1.94 0 0 0 .587-1.406V3.094c0-.539-.196-1.008-.587-1.406a1.904 1.904 0 0 0-1.405-.598H3.094c-.545 0-1.014.2-1.405.598-.39.398-.587.867-.587 1.406v12.938zM16.093.914A3.03 3.03 0 0 1 17 3.13v8.683c0 .868-.302 1.606-.907 2.215a2.967 2.967 0 0 1-2.187.914H5.014L0 18V3.129C0 2.262.302 1.524.907.914A2.972 2.972 0 0 1 3.094 0h10.812c.854 0 1.583.305 2.187.914z" fill="currentColor" fill-rule="evenodd"></path></svg></div></a><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/global-economy/article/3291320/chinas-dominance-global-shipbuilding-strengthens-amid-surging-global-demand" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">China’s shipbuilding industry swells amid a rising tide of global orders</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/global-economy/article/3291320/chinas-dominance-global-shipbuilding-strengthens-amid-surging-global-demand" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/18/8093eede-093e-4631-885a-4dc94f7dff8f_e0790ffb.jpg?itok=5SXbnZeJ&amp;v=1734502420" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/18/8093eede-093e-4631-885a-4dc94f7dff8f_e0790ffb.jpg?itok=5SXbnZeJ&amp;v=1734502420" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2024/12/18/8093eede-093e-4631-885a-4dc94f7dff8f_e0790ffb.jpg?itok=Vi1A3oCy&amp;v=1734502420" data-qa="BaseImage-source-2"/><img alt="China’s shipyards such as this one in the eastern city of Zhoushan dominate the global industry. Photo: VCG" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/18/8093eede-093e-4631-885a-4dc94f7dff8f_e0790ffb.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/18/8093eede-093e-4631-885a-4dc94f7dff8f_e0790ffb.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">China’s shipyards are set to be the main beneficiaries of a wave of new orders as their South Korean competitors adopt a more “cautious” approach, according to ING. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2024-12-18T09:00:09.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">18 Dec 2024 - 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Image: Shutterstock" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/16/63a2782d-fcfc-4f82-bd20-3d60536d6f27_d2bc5e78.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/16/63a2782d-fcfc-4f82-bd20-3d60536d6f27_d2bc5e78.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Now the world’s biggest market for nuclear power, China has more than 100 reactors in use or being built along the nation’s coastline. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2024-12-16T15:30:39.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">16 Dec 2024 - 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Photo: EPA-EFE" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/12/b5781f4d-ee14-4082-a543-9d4f46a93e60_f74d5109.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/12/b5781f4d-ee14-4082-a543-9d4f46a93e60_f74d5109.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Hu Deping, son of a late former liberal leader, calls for rethink inspired by Nobel Prize-winning research and better protection for private enterprises. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2024-12-12T13:12:22.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">12 Dec 2024 - 9:12PM</time><div data-qa="ContentActionBar-Spacer" class="css-mkkf9p e11xd9ce0"></div><div data-qa="ContentActionBar-IconContainer" class="css-12id561 e16puzk42"><button aria-label="bookmark" class="e16puzk41 css-1r3i61y e1wwhs9u2" data-qa="bookmark-button"><svg width="16px" height="18px" viewBox="0 0 16 18" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" class="css-1774f55 e1wwhs9u1"><defs><filter id="filter-1"><feColorMatrix in="SourceGraphic" type="matrix" values="0 0 0 0 0.000000 0 0 0 0 0.070588 0 0 0 0 0.274510 0 0 0 1.000000 0"></feColorMatrix></filter></defs><g id="Page-1" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"><g id="icon_savearticle" transform="translate(-306.000000, -22.000000)"><g transform="translate(306.000000, 22.000000)" fill="#4585FF" id="Fill-14"><path d="M14.8618719,3.16414286 C14.8618719,2.62542857 14.6777537,2.15678571 14.3101478,1.75757143 C13.9425419,1.35964286 13.5055764,1.16035714 12.9998818,1.16035714 L3.00011823,1.16035714 C2.49442365,1.16035714 2.05682759,1.35964286 1.68922167,1.75757143 C1.32161576,2.15678571 1.13749754,2.62542857 1.13749754,3.16414286 L1.13749754,16.1016429 L8.06904433,11.5662857 L14.8618719,16.0662857 L14.8618719,3.16414286 Z M15.1374187,0.914142857 C15.7124729,1.52357143 16,2.26221429 16,3.12878571 L16,18 L8.06904433,12.7967143 L0,18 L0,3.12878571 C0,2.26221429 0.287527094,1.52357143 0.861950739,0.914142857 C1.43637438,0.305357143 2.12618719,0 2.93075862,0 L13.0686108,0 C13.8738128,0 14.5629951,0.305357143 15.1374187,0.914142857 L15.1374187,0.914142857 Z"></path></g></g></g></svg></button></div></div></div></div><div class="e18p1iom4 css-lae4tk e1x2oj380" data-qa="ContentItemSecondary-Container"><div data-qa="ContentItemSecondary-Header" class="css-10ikge2 e1x2oj386"><div data-qa="ContentItemSecondary-header-LiveTagContainer" class="css-n3p5lr e1x2oj388"></div><div data-qa="ContentItemSecondary-header-TopicLinkContainer" class="css-1tfirql e1x2oj387"></div><a target="_self" class="e1x2oj382 css-8ug9pk ecgc78b0" href="/economy/policy/article/3290547/china-must-reach-economic-targets-leaders-say-high-profile-conference-draws-close" data-qa="BaseLink-renderAnchor-StyledAnchor"><h2 class="css-1xdhyk6 e298i0d4" data-qa="ContentHeadline-ContainerWithTag"><span data-qa="ContentHeadline-Headline" class="css-0 e298i0d2">China makes space for private sector, vows spending to boost demand</span></h2></a></div><div data-qa="ContentItemSecondary-Cover" class="css-y5aea1 e1x2oj385"><a target="_self" class="e1x2oj381 css-15pxem1 ecgc78b0" href="/economy/policy/article/3290547/china-must-reach-economic-targets-leaders-say-high-profile-conference-draws-close" data-qa="BaseLink-renderAnchor-StyledAnchor"><figure class="css-p1poml e14qznha1" data-qa="ContentCoverImage-Figure"><picture data-qa="BaseImage-picture"><source data-aspect-ratio="3/2" data-width="540" media="(min-width:1070px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/12/0cc9af56-af27-4361-9569-9f866563dd15_67c8f109.jpg?itok=iNYtCiQc&amp;v=1734016012" data-qa="BaseImage-source-0"/><source data-aspect-ratio="3/2" data-width="540" media="(min-width:768px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/540x360/public/d8/images/canvas/2024/12/12/0cc9af56-af27-4361-9569-9f866563dd15_67c8f109.jpg?itok=iNYtCiQc&amp;v=1734016012" data-qa="BaseImage-source-1"/><source data-aspect-ratio="1/1" data-width="80" media="(min-width:0px)" srcSet="https://cdn.i-scmp.com/sites/default/files/styles/80x80/public/d8/images/canvas/2024/12/12/0cc9af56-af27-4361-9569-9f866563dd15_67c8f109.jpg?itok=qJv5NAKW&amp;v=1734016012" data-qa="BaseImage-source-2"/><img alt="China has concluded its annual central economic work conference, where the country’s political leaders lay out a fiscal road map for the coming year. Photo: Xinhua" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/12/0cc9af56-af27-4361-9569-9f866563dd15_67c8f109.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/12/0cc9af56-af27-4361-9569-9f866563dd15_67c8f109.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">Growth took pole position at the central economic work conference, with fiscal deficit increases and more spending pledged to keep demand high. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2024-12-13T01:16:10.000Z" data-qa="ContentActionBar-handleRenderDisplayDateTime-time">13 Dec 2024 - 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Photo: Xinhua" data-qa="BaseImage-handleRenderImage-StyledImage" loading="lazy" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/11/b91c61da-abf7-4de4-b375-0c0bd6cf2608_74340465.jpg" class="css-m0nvmz e445x7d0"/><script type="application/ld+json">{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2024/12/11/b91c61da-abf7-4de4-b375-0c0bd6cf2608_74340465.jpg"}</script></picture></figure></a></div><div data-qa="ContentItemSecondary-Content" class="css-rofdc8 e1x2oj384"><h3 data-qa="ContentSummary-ContainerWithTag" class="css-onn2v5 eitajqu2">At this ‘critical stage of transformation’, with outsized challenges mounting, adherence and commitment to policy choices is said to be as important as ever. </h3></div><div data-qa="ContentItemSecondary-Footer" class="css-10kkja0 e1x2oj383"><div class="css-16gl5nu e16puzk45" data-qa="ContentActionBar-FlexContainer"><time dateTime="2024-12-11T08:37:53.000Z" 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