Stories from China

China's economic value grew by 4.6% at constant prices. Primary industry value added reached 941.66 billion yuan, a 3.9% increase, while secondary and tertiary industries grew by 4.7% and 4.5% respectively. Overall agricultural value grew by 4.6% according to recent trending data. Secondary industry value rose 4.7 percent to 1.241 trillion yuan, while tertiary industry grew 4.5 percent to 2.16 trillion yuan. These figures represent specific sectoral value-added growth within the economy. Industrial profits for China's large-scale enterprises grew by 15.8 percent in March. Bloomberg reports that profits for China's industrial enterprises above a designated size grew by 15 percent in the first quarter of the year. China's automobile export model has transitioned from simple vehicle exports to a localized system involving overseas factory production and local operations.

Chinese President Xi Jinping confirmed support for efforts to restore peace and advocated for resolving disputes through political and diplomatic means.

The National Library and the China Academy of Chinese Medical Sciences have completed the editing of the 'Chinese Medical Classics' project. The project has completed the editing of the Yangsheng and Wenbing volumes.

The event features a combination of light shows, arts, and fireworks, including local opera performances and iron flower displays.

Wuyi will host a series of Binh Da Cultural Festival activities along the ancient Tea Horse Road.

A Singaporean medical enterprise has established a wholly foreign-owned hospital in China.

Lenovo has completed the acquisition of Phoenix Technologies, a BIOS manufacturer with a 47-year history. The move integrates the long-standing BIOS developer into Lenovo's technology division.

A new AI customization service studio has opened in the Huaqiangbei district. The facility functions as a hands-on workshop where creators can source parts and production equipment locally. One resident maker was observed developing smart glasses using locally sourced components. A foreign maker space and shared office area has launched in the Huaqiangbei district of Shenzhen. An entrepreneur named Hank established a shared workspace in Huaqiangbei to provide equipment and facilities for electronic product development. A shared workspace in Huaqiangbei has hosted over 16,000 global makers in its first three and a half years. This process aims to reduce costs associated with hiring specialized personnel and minimize blind investment in supply chains.

Wuliangye has temporarily halted the disclosure of its financial reports. The delay is being described as a temporary 'braking' action regarding the disclosure of financial results. The company has temporarily halted its reporting process, according to trending financial news. The delay is linked to a judicial determination regarding the alienation of assets involving three investment funds via the 3rd Bankruptcy and Recovery Court. The company's decision to delay the disclosure has reached the #13 trending spot on CLS Finance. The delay in disclosing the financial report is being analyzed by market observers. The delay follows a period where primary industry value grew by 3.9 percent, while secondary and tertiary industries grew by 4.7 percent and 4.5 percent respectively.

China has identified 18 regions to serve as pilot areas for the integrated development of Traditional Chinese Medicine (TCM) service consumption and trade. China's Ministry of Commerce and the Central Propaganda Department have selected 18 regions to pilot the integration of traditional Chinese medicine services with service trade. The pilot program will focus on TCM cultural exchanges, medical tourism, and wellness services over the next three years to meet international demand. The China Council for the Promotion of International Trade will host the 2026 Global Trade and Investment Promotion Summit. The event is scheduled to take place in Beijing on May 18.