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Sept 1, Beijing — MIIT minister Li Lecheng met a US-China Business Council board delegation led by chairman McCain. Li said Presidents Xi and Trump have established a new “constructive strategic stability” positioning and urged MIIT to work with US c

2026-09-01

Sept 1, Beijing — MIIT minister Li Lecheng met a US-China Business Council board delegation led by chairman McCain. Li said Presidents Xi and Trump have established a new “constructive strategic stability” positioning and urged MIIT to work with US counterparts to implement summit conclusions, prioritizing practical cooperation in new-energy vehicles (NEVs), information technology, artificial intelligence and healthcare to bolster bilateral ties. He invited more US firms to maintain and expand operations in China and deepen industry and supply‑chain cooperation. McCain thanked MIIT for its support to US companies and said the council will encourage members to expand China engagement.

Other News
2026-09-01

ZEEKR said August 2026 deliveries were 36,981 vehicles, up 109.8% YoY. Jan-Aug Deliveries totaled 251,000 vehicles, up 100.4% YoY.

ZEEKR said August 2026 deliveries were 36,981 vehicles, up 109.8% YoY. Jan-Aug Deliveries totaled 251,000 vehicles, up 100.4% YoY.
2026-09-01

Bernstein says Meituan’s Q2 results beat expectations: the group returned to profitability after food-delivery competition and new-business losses were smaller than expected. Bernstein remains cautious — Meituan did not match ByteDance-style dine-in

Bernstein says Meituan’s Q2 results beat expectations: the group returned to profitability after food-delivery competition and new-business losses were smaller than expected. Bernstein remains cautious — Meituan did not match ByteDance-style dine-in subsidies in Q2 and ceded some share, then began chasing share again in Q3. Macroeconomic and competitive pressure constrain revenue growth, and increasing overlap between food delivery, e-commerce and instant retail could bring recurring cycles of competition. Bernstein maintains a market-perform rating and HK$85 target, unchanged since a downgrade in June last year.
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