Stories from China

SAIC Motor General Manager Zhao Fei announced plans to build an overseas production capacity of 800,000 vehicles by 2030.

GAC Motor reported that its overseas sales volume increased by 86 percent in the first quarter.

SAIC Motor CEO Qi Zekai announced the company has shortened its new vehicle launch cycle to 24 months.

Huafon Measurement and Control reported a first-quarter net profit of 94.2073 million yuan. This represents a 52.12% increase compared to the same period last year.

China's Politburo announced a directive today to respond to external shocks following a top decision-making meeting. The directive follows concerns regarding potential disruptions in the Middle East. Analysts suggest China is better positioned to weather a closure of the Strait of Hormuz due to ample oil reserves and heavy coal use. The announcement did not directly reference the war on Iran. The decision comes as the national economy shows signs of strain from Middle East disruptions. Before the closure of the Strait of Hormuz, more than 90 percent of China's oil shipments were sourced from Iran. Washington is currently attempting to disrupt this critical trade route. His directives included reducing casualties, fully treating the injured, scientifically organizing search and rescue, preventing secondary disasters, and properly handling aftermath.

The Shanghai Cooperation Organization (SCO) is marking its 25th anniversary of formation. The organization has become an influential international body within the Eurasian space. Regular contacts between defense departments contribute to its role in ensuring stability and security in the region.

Fujian Jinsen reported a net profit loss of 21.5387 million yuan for the first quarter of 2026. The company's operating income for the same period was 8.7665 million yuan.

The Ministry of Industry and Information Technology reported that mobile phones equipped with the open-source Hongmeng operating system reached 2,012,019 units by the end of March. This milestone reflects the growing adoption of the domestic operating system in China. China's Vice Minister of Industry and Information Technology, Xin, stated that mobile phone shipments using the open-source HarmonyOS exceeded 55 million units by the end of March.

An entrepreneur has established a shared office space in the Huaqiangbei district to support electronic product development. A new office building in Shenzhen has hosted over 10,000 people and has been operational for seven months.

China has issued a 40-day aviation warning for airspace over the East China Sea and Yellow Sea, according to the Japan Institute of International Affairs. Wave heights in the southwestern East China Sea are reported between 2.5 and 3.8 meters. Wave heights in the Zhejiang coastal waters are between 1.8 and 2.8 meters. Small vessels are advised to avoid going to sea during this period. The wave activity is expected to weaken and dissipate by tomorrow.