Brief

China's Ministry of Commerce announced a series of policies to encourage foreign investment within the country, aiming to improve the business environment and provide full lifecycle services for foreign enterprises. These measures include implementing national treatment for foreign-funded companies and supporting their participation in domestic consumption, government procurement, and bidding processes. The ministry also plans to continue hosting roundtables for foreign businesses and updating a list of key foreign investment projects to ensure they are willing to invest, stay, and grow in China. AI

Futu Holdings announced it has repurchased approximately $160 million of its American Depositary Shares as of May 23, 2026, under its previously disclosed share repurchase program. Separately, China's Ministry of Commerce reported that in January-April 2026, the country saw a 6.8% increase in newly established foreign-invested enterprises, totaling 20,113. However, actual utilized foreign capital decreased by 10.3% year-on-year to 287.69 billion yuan, though investment in high-tech industries surged by 20.3%. AI

China saw a 10.3% decrease in foreign direct investment during the first four months of the year, totaling 287.69 billion yuan. Despite the overall decline, the high-tech sector experienced significant growth, with investment increasing by 20.3% to 116.33 billion yuan. This surge in high-tech investment, which now accounts for 40.4% of the total, was particularly driven by growth in research and development services, and the manufacturing of computer, electronic, and communication equipment. AI

China's Ministry of Commerce announced that the country will implement export controls on critical minerals like rare earths, while still reviewing applications for compliant and civilian use. This move comes as part of preliminary trade discussions with the United States, where both sides aim to address mutual concerns and ensure global supply chain stability. In a separate development, Chinese airlines are set to acquire 200 Boeing aircraft, with the US committed to providing necessary engine and parts support. AI

The US and China have agreed to establish a board of trade, with the White House aiming for it to manage trade in non-sensitive goods and China's Ministry of Commerce focusing on tariff reductions. To ensure its effectiveness, both nations must define a detailed mandate and learn from past bilateral economic engagement bodies. The board is expected to identify approximately $30 billion in non-sensitive goods for potential tariff adjustments, excluding critical minerals, advanced semiconductors, and vehicles. AI

In the first four months of this year, China-Russia trade reached $85.2 billion, marking a 19.7% increase year-over-year. Both countries are committed to strengthening economic and trade policy communication and leveraging new productive forces to drive growth in both goods and services trade. This follows a trend where China-Russia trade has exceeded $200 billion for three consecutive years. AI