Biz Today

Biz Today

It's a weekly business talk show, discussing most important economic and business events both in China and around the world.

Episodes

October 24, 2025 27 mins
China’s economy grew 5.2 percent in the first three quarters, exceeding 100 trillion yuan, or about 14.3 trillion U.S. dollars. The National Bureau of Statistics says this performance shows resilience amid global headwinds. Industrial output increased by 6.2 percent from January to September, with value-added output of the equipment and high-tech manufacturing industries rising by nearly 10%. Retail sales of consumer goods rose 4.5...
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China is wrapping up its 14th Five-Year plan, which is marked by a series of achievements, including a resilient economy and technological breakthroughs. China's economic growth is projected to exceed 35 trillion yuan, or nearly $4.9 trillion, in the five-year period, contributing about 30 percent of annual global growth. In what ways did China's 14th Five-Year Plan drive the country’s development? (00:45) Gold has hit a dazzlin...
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September 26, 2025 27 mins
China has released a nationwide policy guideline to promote the development and application of artificial Intelligence. The guideline aims to integrate and commercialize AI across six key areas: technology, industry, consumer upgrades, public welfare, governance, and international cooperation. According to the plan, the adoption rate of AI technology in smart devices is expected to reach 70% by 2027 and 90% by 2030. What does China...
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September 24, 2025 27 mins
China is making a big push in future industries. Beijing has plans to accelerate everything from the biotech industry and quantum technology to commercial space, 6G, and the low-altitude economy. In this edition, we’ll look at some strategic emerging industries: biotech and the low-altitude economy.
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Chinese and U.S. delegations have held candid, in-depth, and constructive trade talks in Madrid. Discussions on Sunday and Monday included matters related to TikTok. The two sides say the talks were guided by the important consensus reached previously by the two heads of state. Chinese vice premier He Lifeng reaffirmed China's determination to safeguard its legitimate rights and interests. Both sides have reached a framework consen...
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China has been the world's largest manufacturer for 15 years. What does this say about the resilience of China’s industrial base despite global headwinds? (00:44) Gold prices have reached record highs recently. The rally has been remarkable: up 9 percent in just three weeks and more than 35 percent since the start of the year. What has been driving this gold rush? (18:31)
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September 5, 2025 27 mins
The Shanghai Cooperation Organization has held its 25th meeting of the Council of Heads of State in Tianjin. Chinese President Xi Jinping has unveiled a new proposal, the Global Governance Initiative, to create a more inclusive international order. (00:45) Europe's July car sales have risen by the most since April last year, with BYD ahead of Tesla. How has BYD overtaken Tesla in the European market? What does it say about the ...
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China unveils a national policy to accelerate the development and application of artificial Intelligence. How will it reshape the economy, people’s lives, and the global landscape of innovation (00:45)? China is doubling down on the biotech industry. In the first half of the year, Chinese drug developers signed over 140 deals with foreign pharmaceutical companies, accounting for one-third of all global agreements. Why is biotech...
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China’s stock market hit a historic milestone this week. The Shanghai Composite Index climbed to its highest level in a decade. At the same time, the total market capitalization of A-shares broke through the 100 trillion-yuan mark, or nearly 14 trillion U.S. dollars, for the first time. What are the main factors driving this rally? Compared with previous bull runs, what feels different this time? And what does this mean for China’s...
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August 15, 2025 27 mins
Regarding China’s new subsidies on personal consumer loans, how big of a boost will this be for the economy? (00:45) What does OpenAI’s release of ChatGPT-5 signal for the future of the AI industry?(18:00)
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Several Chinese government bodies have recently held mid-year meetings to better support economic growth for the rest of the year. The People’s Bank of China pledged to increase the money supply and lower borrowing costs to ease financial burdens and stimulate demand. To unleash domestic spending, the Finance Ministry committed to rolling out personal subsidies and business loans in the services industry. At the same time, China is...
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The International Monetary Fund has raised its global growth forecast for 2025, with China getting the strongest boost among major economies. The IMF now projects China’s economy to grow by 4.8 percent this year, up from its four percent forecast in April’s World Economic Outlook. Why is the IMF upgrading China’s economic forecast? To what extent is the rebound in China’s growth tied to fundamentals, versus external factors like th...
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In December, China’s Hainan Free Trade Port will launch island-wide independent customs operations. What are the details (00:45)? A new study from Invesco shows that nearly 60% of the world’s sovereign wealth funds plan to increase their investments in China. What is driving this? What sectors in China are desirable to these funds (13:25)?
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Economic figures for the first half of the year are out, and China’s performance has exceeded forecasts. Its GDP grew by 5.3%, foreign trade in goods increased by 2.7%, hitting a record high, while exports jumped more than 7%. What explains China’s resilience amid the trade war launched by the U.S.? What’s driving China’s strong economic growth?
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Leaders of the BRICS countries wrapped up the two-day summit in Rio de Janeiro, what’s the outcome (00:40)? Nvidia becomes the first company in the world to reach a market value of 4 trillion US dollars. What are the main factors for its growth? What is Nvidia's China strategy (17:42)?
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According to the latest data, the U.S. economy shrank at an annualized rate of 0.5% from January to March. Being the first contraction in three years, it’s raising fresh concerns regarding the strength of U.S. consumers, the impact of high interest rates, and the resilience of the broader economy. Meanwhile, on the other side of the Pacific Ocean, China posted a stronger-than-expected 5.4% GDP growth in the same period of time. The...
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At this year's Summer Davos, Chinese premier Li Qiang says the country will continue to foster a first-class business environment. What does the message signal to international investors and multinational companies operating in China?How have foreign businesses in China responded to recent efforts to improve the business environment (00:45)? Shenzhen is in the spotlight for its deepening reform agenda. What can the city do to be...
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The second China-Central Asia Summit has taken place in Kazakhstan. Chinese President Xi Jinping addressed the summit in Astana. He has laid out a vision for cooperation between China and Central Asia, calling for unity, win-win development, and deeper people-to-people ties. He also outlined plans to promote regional prosperity, security, and integration. What are the outcomes of the China-Central Asia Summit (00:40)? From a digit...
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China's trade in goods continued to grow in the first five months of the year. From January to May, foreign trade totaled nearly 18 trillion yuan or around 2.5 trillion US dollars. That represents a 2.5% increase despite the uncertain global economic environment. Several multinational investment banks, including JP Morgan, Goldman Sachs, and UBS, have raised their forecasts for China's GDP, citing the positive impact of the governm...
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This year’s Dragon Boat Festival boosted travel and consumer spendings across China. The country saw 119 million passenger trips, a yearly increase of 5.7 percent. Meanwhile, China's consumer goods trade-in program has generated 1.1 trillion yuan in sales in the first five months. What strength does China’s consumption show amid the new reality (00:40)? DeepSeek updates its R1 AI model. What does it suggest about China’s AI potent...
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