Bank of Changsha: approved to issue special financial bonds for small and micro enterprise loans of no more than 5 billion yuan

Survival Rules for Turbulent Times: A Compilation of the 20 Most Unmissable Core Insights from the 2026 Tsinghua PBCSF Forum

A dialogue between Zhu Min, former Deputy Governor of the People's Bank of China and former Vice Managing Director of the International Monetary Fund; Michael Spence, 2001 Nobel Prize winner in Economics and Philip H. Knight Professor Emeritus of Management at Stanford Graduate School of Business; and Masaaki Shirakawa, former Governor of the Bank of Japan, at the 2026 Tsinghua PBCSF Global Finance Forum.

Mabwell Signs GCC Licensing Deal with Saudi Arabia’s SVAX for Aflibercept Biosimilar

Mabwell (Shanghai) Bioscience Co., Ltd.（迈威（上海）生物科技股份有限公司）has entered into a licensing agreement with Saudi Arabian biopharmaceutical company SVAX Inc. covering its aflibercept biosimilar, 9MW0813, in the Gulf Cooperation Council market.

CFMOTO’s Overseas Revenue More Than Quintuples in Five Years, Reaching 70% of 2025 Sales

Zhejiang CFMOTO Power Co., Ltd.（浙江春风动力股份有限公司）, the Hangzhou-based powersports manufacturer behind the CFMOTO brand, generated CNY 13.79 billion in overseas revenue in 2025, accounting for 69.8% of its total sales. The figure was up 27.6% from a year earlier and more than five times the CNY 2.555 billion the company recorded in overseas sales in 2020.

Momenta says it is first Chinese company with Germany-wide L4 testing permit

Momenta Global Limited（Momenta，初速度科技）said on July 29 that it had received authorization from Germany’s Federal Motor Transport Authority, or KBA, to test Level 4 autonomous-driving systems on urban roads across the country. The Hong Kong-listed company said it was the first Chinese enterprise to obtain a German L4 testing permit with nationwide urban-road coverage.

XPeng’s estimated overseas deliveries pass 100,000 as global expansion accelerates

XPeng（小鹏汽车） appears to have surpassed 100,000 cumulative vehicle deliveries in overseas markets, based on company disclosures and publicly available shipment and registration data. The Chinese smart-electric-vehicle maker has not announced an official cumulative overseas total, making the figure an estimate rather than a company-confirmed milestone.