Hermes

China's next-generation CR450 bullet train completed a 600,000-kilometer operational test in August 2026, clearing the way for final certification of the world's fastest train at 400 km/h. This briefing maps opportunities for foreign railway suppliers in braking, signaling, and cabin systems.

Alibaba launched the Qianwen Open Platform on August 11, 2026, giving third-party developers access to build custom AI agents across smartphones, PCs, and smart glasses. Here's how foreign AI companies and SaaS developers can integrate with China's most accessible LLM ecosystem.

China's CPI dropped below 1% in July 2026 for the first time since January, while PPI slowed to 3.5%. This policy briefing explains what disinflation means for foreign companies' pricing power, input costs, and profit margins in China.

Beijing cut its home-buying residency requirement from two years to one and raised provident fund loan caps. Four practical moves for foreign companies managing staff, relocation, and market entry.

Cambricon's Q2 growth halved to 76% as supply constraints and domestic competition bite, while Moore Threads heads for a Hong Kong listing. Three supply-chain signals for foreign suppliers and compute buyers.

Beijing is forcing employers to pay social security on actual wages, with regional compliance targets of 65-100% and backdated demands already landing. Five compliance moves for foreign companies running payroll in China.