Chinese Economy: General News, Updates and Discussions

The Ministry of Commerce added 14 EU entities to its control list, including a Polish technical university; the Ministry of Foreign Affairs responded.

Written by: Zheng Ning
publishing: 2026-07-28 11:41 renew: 2026-07-28 11:41


The Ministry of Commerce added 14 EU entities to its control list, including a Polish technical university; the Ministry of Foreign Affairs responded.


On July 24, China’s Ministry of Commerce added 14 EU entities to its export control list, including Lafert SpA, Garnet Srl, and Politechnika Wroclawska in Poland, in retaliation for the 21st round of EU sanctions against Russia announced on July 23.

In response to the addition of universities to the Entity List, the Chinese Foreign Ministry stated at a regular press conference on July 27 that China's measures are aimed at the EU's erroneous practice of listing and sanctioning Chinese companies, and are not targeted at any specific country. "For specific questions regarding export controls, we suggest contacting the relevant Chinese authorities."



Wrocław Polytechnic University. (Google Map)

Wrocław Polytechnic University. (Google Map)

On July 24, China's Ministry of Commerce issued an announcement adding 14 EU entities, including Lafert SpA, to its export control list and imposing the following measures: Exporters are prohibited from exporting dual-use items to these 14 entities; foreign organizations and individuals are prohibited from transferring or providing dual-use items originating in China to these 14 entities; and ongoing related activities must cease immediately. In special circumstances where export is necessary, exporters must apply to the Ministry of Commerce. This announcement took effect on the date of its publication.

A spokesperson for China's Ministry of Commerce stated that on the evening of July 23, the EU officially announced its 21st round of sanctions against Russia, listing 14 companies from mainland China and Hong Kong under sanctions. In order to safeguard national security and interests and fulfill international obligations such as non-proliferation, in response to the EU's actions, and in accordance with the relevant provisions of China's Export Control Law and the Regulations on Export Control of Dual-Use Items, China has decided to add 14 EU entities, including the Lafayette Group, to its export control list.



The Ministry of Commerce of China has released the following export control list:
1. Lafert SpA
2. Garnet Srl
3. Sindlhauser Materials GmbH
4. Rheinmetall AG
5. Antraco Chemie-Handelsgesellschaft mbH 6.
InPACT SA
7. III-V LAB
8. Cavok UAS
9. Vigo Photonics SA
10. Politechnika Wroclawska
11. IHC Merwede Holding BV
12. TATRA TRUCKS AS
13. Opticoelectron Group
14. Ekspla Company (Ekspla UAB)



 
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China is fast moving into high-end and high profit manufacturing and exports.

Goodbye to the old three! Robots, AI, and innovative drugs become the three major calling cards of China's foreign trade.


11:30 2026/07/30 Want Daily
Lin Yutong


Panda, the world's first proactive emotional companion robot for children. (Illustration/China News Service)

"Panda," the world's first proactive emotional companion robot for children. (Illustration/China News Service)



From robots that can climb walls to AI that can assist in managing power grids, and innovative drugs that are entering the global healthcare system, China's export products are quietly taking on a new look. Following the "old three" of clothing, furniture, and home appliances, and the "new three" of new energy vehicles, lithium batteries, and solar photovoltaic products, the "new three" of robots, AI, and innovative drugs are accelerating their expansion overseas, becoming a new calling card for China's foreign trade.


An article published on the WeChat public account of "International Review," a subsidiary of China National Radio, pointed out that in the early stages of reform and opening up, China, with its abundant labor force and cost advantages, enabled clothing, furniture, and home appliances—the "old three commodities"—to enter the global market, and "Made in China" gradually became an important force in the world economy. In recent years, with the accelerated global energy transition, new energy vehicles, lithium batteries, and solar photovoltaic products have emerged as the "new three commodities" of China's foreign trade.


Today, with the rapid development of AI and life sciences, mainland China continues to invest in new technologies and industries. Robotics, AI, and innovative drugs are rising in succession, propelling "Made in China" to further transform into "Intelligent Manufacturing in China." These "new three elements" are not only injecting new momentum into the mainland economy but are also beginning to integrate into the industries and daily lives of various countries.


In Southeast Asia, Chinese AI technology is helping SMEs drive digital transformation and lowering the barriers to using advanced technologies; in Thailand, Chinese medical robots are delivering medicines and samples around the clock, helping to alleviate the shortage of medical personnel; in South America, Chinese companies are using telemetry technology to optimize order allocation on ride-hailing platforms, further giving rise to new services such as motorcycle passenger transport and delivery.


In Brazil, large-scale models developed by China are being used in power grid maintenance to assist inspection personnel in handling monitoring challenges in complex environments. In Australia and other places, high-altitude cleaning robots developed by China can move along building facades, reducing the risks associated with manual high-altitude work. Chinese technology products are no longer just being "sold out," but are gradually becoming part of local industrial upgrading and public services.


Today, China's exports are no longer limited to commodities. From clothing, furniture, and home appliances to new energy vehicles, lithium batteries, and solar photovoltaic products, and now to robots, AI, and innovative drugs, the "three essentials" of China's foreign trade are constantly being updated, reflecting that China's industries are moving from large-scale manufacturing to technological innovation.





Why have China's "new trio" of robots, AI, and innovative drugs become so popular around the world?

Written by: External submissions (China)
publishing: 2026-07-29 13:00 renew: 2026-07-29 13:00


Why have China's new trio of robots, AI, and innovative drugs become so popular around the world?


In Australia and elsewhere, Chinese-developed cleaning robots are scaling walls and rooftops, replacing the dangerous high-altitude work of human laborers. In Brazil, large-scale Chinese models are assisting local power grid maintenance, solving inspection challenges in complex environments. Innovative drug capsules from Shanghai have been included in authoritative global treatment guidelines, bringing new hope to patients. Today, the "new trio" of robots, artificial intelligence (AI), and innovative drugs are making waves overseas, becoming a new calling card for China's foreign trade. NBC News, citing a Pew Research Center poll released on the 15th, reported that the view that "China is a more reliable partner" is gaining acceptance in many parts of the world.

At WAIC, six robots spent 15 hours building the Great Wall on-site. (Original Force)

At WAIC, six robots spent 15 hours building the Great Wall on-site. (Original Force)


The changes in China's foreign trade "best-selling list" outline a clear path of industrial upgrading. In the early days of reform and opening up, clothing, furniture, and home appliances, the "old three" products, opened the door to the international market thanks to their labor resources and cost advantages. In recent years, China has seized the opportunity of green transformation and development, with green production capacity represented by new energy vehicles, lithium batteries, and photovoltaic products emerging as a dark horse, creating China's "new three" products in foreign trade. Today, China is actively embracing the development trend of AI and life sciences, and through forward-looking layout of new tracks and in-depth cultivation of core technologies, it is promoting the rapid rise of the "new new three" products and the leap from "Made in China" to "Intelligent Manufacturing in China".


Just how popular are these "new three innovations"? The data speaks for itself. In the first half of this year, China's industrial robot exports grew by 18.6%, reaching 141 countries and regions, while surgical robot exports surged 3.3 times year-on-year. OpenRouter, a global AI model aggregation platform, shows that in the third week of July, China's large-scale model usage reached 36.11 trillion words, maintaining its position as the world's number one for twelve consecutive weeks. In the first half of the year, all 11 new target and new mechanism innovative drugs officially approved by China were developed by Chinese pharmaceutical companies. Meanwhile, the value of Chinese innovative drug licensing transactions reached approximately $110 billion, accounting for 80% of last year's total; Chinese pharmaceutical companies occupied eight of the top ten spots in the global pharmaceutical transaction list. The booming development of these "new three innovations" demonstrates that China is further leaping from a "world factory" to an "innovation hub."


11月20日,在信達生物製藥(蘇州)有限公司,實驗人員在提取信使核糖核酸。(新華社)

On November 20, researchers extracted messenger RNA at Innovent Biologics (Suzhou) Co., Ltd. (Xinhua)


Where does this remarkable leap come from? On the one hand, it stems from China's profound understanding and proactive approach to the new round of technological revolution and industrial transformation; on the other hand, it lies in China's commitment to high-level technological self-reliance and self-strengthening. The Chinese people deeply understand that there are no shortcuts in scientific and technological research and development, and innovative advantages cannot be acquired through replication; they must be achieved through down-to-earth efforts and overcoming difficulties. Over the past five years, China's total R&D expenditure has grown at an average annual rate of 10%, maintaining its position as the second largest in the world. Wang Xiaosong, a professor at the School of Economics of Renmin University of China, told *International Review* that the continuous upgrading of "Made in China" relies on a complete and continuously iterating industrial system, sustained investment in R&D, and the advantages of a super-large market—achieved through diligent internal development and open cooperation.


人形機械人在分揀商品。(中新社)

Humanoid robots are sorting goods. (China News Service)

The "New Three New Elements" (referring to three key areas of innovation) have injected new momentum into China's economic growth and brought new growth to the development of other countries. In the robotics field, a report by Morgan Stanley points out that without China's participation, the supply chain development cost of Tesla's second-generation humanoid robot, Optimus Prime, would have increased several times over. In the AI field, China adheres to an open-source ecosystem, enabling global SMEs and developing countries to access top-tier computing power at extremely low cost. In the medical field, China has significantly reduced drug development cycles and production costs through independent research and development and digital production. The French newspaper *Libération* states that, thanks to its well-developed production system, complete industrial chain, and significant economies of scale, the prices of innovative Chinese drugs after their market launch are often far lower than similar products in Europe and the United States. "Some cancer treatments, once included in the French health insurance system, can save each patient tens of thousands of euros annually."

Meanwhile, China's "New Three New Technologies" have significantly lowered the barriers to accessing cutting-edge technologies, bringing more accessible advanced technologies and more inclusive sharing of benefits. In Southeast Asia, Chinese AI is helping SMEs transform intelligently and bridging the digital divide; in Thailand, Chinese medical robots are continuously delivering medicines and samples, alleviating the shortage of medical resources; in South America, a ride-hailing order allocation system built by Chinese companies based on telemetry technology has spurred new service models such as motorcycle travel and ride-hailing delivery… These solutions have provided tangible support for the economic development and improvement of people's livelihoods in the Global South. Sultan Khali, a retired Pakistani Air Force colonel and China expert, recently wrote that China's modernization practice fully demonstrates that technological innovation is not only an important engine for a country's own development, but also, through open international cooperation, can provide development opportunities for countries around the world.


2026年7月17日,中國上海,人們在世界人工智能大會上,走過中國人工智能(AI)企業月之暗面的展位,而該展位正推廣其最新的Kimi K3模型。(Reuters)

On July 17, 2026, in Shanghai, China, people walk past the booth of Chinese artificial intelligence (AI) company Dark Side of the Moon at the World Artificial Intelligence Conference, where the company is promoting its latest Kimi K3 model. (Reuters)


More importantly, while some Western countries erect walls and barriers, China adheres to open innovation, bringing new opportunities for open cooperation to the world. Currently, the cumulative downloads of China's open-source big data models worldwide have exceeded 10 billion. The Financial Times reports that international platforms such as Pinterest and Airbnb have long been routinely using Chinese open-source models to optimize products and iterate services. Recently, the World Artificial Intelligence Cooperation Organization was established in Shanghai, marking a significant milestone in the history of AI development and uniting the international community to actively promote AI development and governance. In the field of innovative drugs, Chinese pharmaceutical companies, while conducting independent research and development, are promoting the prosperity and development of pharmaceutical technology and the innovation ecosystem through licensing, joint development, and the establishment of joint ventures.

Openness brings progress, while isolation inevitably leads to backwardness—this is the law of global industrial development. The "New Three Elements" (referring to three key technologies) are leading the future, serving not only as a new engine for China's economic growth but also as a crucial driving force for promoting common prosperity among nations. This powerfully demonstrates once again that China's development brings the world not shocks but opportunities, not threats but empowerment.


 
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