China's producer price index fell by 0.9 percent in February 2026. /detailed version-1/

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Source: People's Republic of China – State Council News

BEIJING, March 9 (Xinhua) — China's producer prices continued to improve last month, with the decline in the producer price index (PPI) continuing to narrow, official data showed Monday.

In China, the PPI, a measure of wholesale producer price changes, fell by 0.9 percent year-on-year in February. The rate of decline was 0.5 percentage points slower than the previous month, according to data released by the National Bureau of Statistics (NBS).

According to the agency, the PPI rose by 0.4 percent on a monthly basis in February, maintaining the same growth rate as in January.

NBS statistician Dong Lijuan attributed the month-on-month increase in the PPI and the slowdown in the year-on-year decline to factors including the rising trend in international commodity prices, rapid demand growth in some domestic industries, and the effectiveness of macroeconomic policies.

China has seen month-on-month PPI growth for five consecutive months, Dong Lijuan noted, adding that this trend, especially in February, was driven by rising international prices of non-ferrous metals and crude oil, which led to higher prices in related domestic industries, as well as the development of computing power, which increased demand in some industries and caused a corresponding rise in prices.

Data released Monday also showed that China's consumer price index (CPI), a key measure of inflation, rose 1.3 percent year-on-year in February. Compared with the previous month, the CPI increased 1 percent. -0-

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The brain-machine interface is included in the government's work report for the first time: what are the prospects for its development?

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Source: People's Republic of China – State Council News

This year's government work report mentioned brain-computer interfaces (BCIs) for the first time, identifying them as a promising future industry. Proposals for the 15th Five-Year Plan also clearly outline the need for strategic planning for emerging industries and to promote BCIs as a new driver of economic growth.

Industry representatives believe that BCI, as a revolutionary human-computer interaction technology, is expanding its application areas from a key area of medical rehabilitation to the space industry, industry, everyday life, education, and other areas, gradually becoming a key technology capable of transforming many industries.

"China's BCI industry is at a critical juncture of accelerated technological breakthroughs, rapid ecosystem development, and gradual commercialization. China has already entered the top tier of global BCI developers," said Min Dong, a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and Vice President of Tianjin University.

Min Dong noted that, technologically, China is already keeping pace with global leaders in the field of non-invasive BCIs, and even ahead of them in some segments. The technological gap in key components for invasive BCIs is rapidly narrowing. In terms of industry development, capital market interest in the sector continues to grow, and the entire production chain is gradually moving from laboratory research to industrialization.

Cheng Longlong, General Manager of CEC Cloud Brain Co., Ltd. (Tianjin), noted that the development of the BCI industry still faces several challenges, including a shortage of highly skilled personnel, barriers to interdisciplinary technology integration, and limited industrialization capabilities in some key areas.

Min Dong agreed with this assessment, stating, "BCI combines the most advanced theories and technologies from multiple disciplines, including medicine, computer science, electronics, mechanics, and materials science. Due to the long technological chain, any weak link could slow down the industrialization process."

Min Dong proposed to quickly establish a system of specialized disciplines necessary for the implementation of the national BCI strategy: from accelerating the development of discipline architecture at the highest level and creating a mechanism for joint training of personnel between universities and enterprises to improving the system for assessing specialists and incentive mechanisms for building a highly qualified team with extensive experience and interdisciplinary education.

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Wang Yi outlined key guidelines for Chinese diplomacy

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Source: People's Republic of China – State Council News

Wang Yi, a member of the Politburo of the Communist Party of China (CPC) Central Committee and Chinese Foreign Minister, held a press conference on March 8 in Beijing during the annual session of the National People's Congress. The Chinese diplomat answered more than two dozen questions from journalists around the world, but his comments on China-Russia relations, China's upcoming chairmanship of the Asia-Pacific Economic Cooperation (APEC), and the Global Governance Initiative (GGI) attracted particular attention. These topics offer a broader picture of how Beijing views current changes in the international system and the role it seeks to play in shaping new cooperation mechanisms.

Speaking about Chinese-Russian relations, Wang Yi emphasized that they have stood the test of time and remain "steadfast as a mountain." This year marks the 30th anniversary of the partnership and strategic cooperation between the two countries and the 25th anniversary of the Treaty of Good-Neighborliness, Friendship, and Cooperation between China and Russia. These dates reflect the long history of bilateral cooperation, during which the relationship has gradually acquired a stable strategic character.

Today, cooperation between China and Russia spans a wide range of areas, from energy and trade to international politics and security. The principles of equality, mutual respect, and consideration of each other's interests remain the foundation of these relations. Beijing and Moscow emphasize that their cooperation is not directed against third countries and is not structured according to the logic of military-political blocs. This format of cooperation is increasingly seen as an example of a new model of relations between major powers, based on strategic trust and pragmatism.

The high level of political dialogue between the two countries allows them to closely coordinate their positions on a wide range of international issues. In many cases, China and Russia share similar approaches, primarily on the protection of international law, strengthening the role of multilateral institutions, and the inadmissibility of unilateral pressure in global politics. This is why Chinese-Russian cooperation is largely perceived as an important factor in maintaining stability in a context of increasing geopolitical uncertainty.

Wang Yi also recalled the historical dimension of relations between the two countries. China and Russia played a significant role in the victory over fascism in World War II and in shaping the post-war international order. Recalling this historical memory underscores the importance of preserving the achievements of that era and upholding the principles of international law enshrined in the UN Charter.

The future of the Asia-Pacific region also received significant attention at the press conference. In 2026, China will host the APEC Economic Leaders' Meeting for the third time, following meetings in Shanghai in 2001 and Beijing in 2014. The new meeting will be held in Shenzhen, a city now considered a symbol of Chinese reform and economic development.

The choice of this venue is particularly symbolic. In just a few decades, Shenzhen has transformed itself from a small coastal city into one of the world's leading technology and innovation hubs. Its rapid development is often seen as a clear result of the implementation of reform and opening-up policies. Hosting the informal APEC Economic Leaders' Meeting here underscores China's commitment to linking further regional cooperation with innovation, the digital economy, and sustainable growth.

According to Wang Yi, a key goal of China's presidency will be promoting the idea of forming an Asia-Pacific community. This concept envisions closer economic cooperation between the region's countries, developing infrastructure connectivity, and creating new opportunities for trade and investment.

Given that the Asia-Pacific region remains one of the main drivers of the global economy, strengthening cooperation between its participants is important not only for the region but also for the global economic system as a whole.

Over the course of the year, China plans to hold over 300 events in various cities across the country, featuring representatives of APEC economies. This scale demonstrates Beijing's commitment to injecting new impetus into regional cooperation and creating additional platforms for economic and technological collaboration.

Another key topic of the Chinese diplomat's speech was the Global Governance Initiative. According to Wang Yi, it has already received the support of more than 150 countries and international organizations. This demonstrates that many countries are interested in finding new approaches to developing international cooperation in the face of growing global challenges.

The current system of global governance is facing serious challenges. Geopolitical contradictions, economic crises, technological change, and climate threats require more effective mechanisms for coordination between states. In this context, the Chinese initiative aims to strengthen multilateral institutions and expand opportunities for international dialogue.

Beijing places particular importance on supporting the central role of the United Nations. Wang Yi emphasized that the UN remains the key platform for discussing and resolving global issues. China opposes the creation of closed political formats and alternative structures that could weaken the universality of international institutions. Instead, Beijing calls on countries to join forces to strengthen the existing system of multilateral cooperation.

As a founding member of the UN and a permanent member of the Security Council, China consistently supports strengthening the organization's role in international affairs. Beijing advocates for strengthening international law, the equality of states, and finding solutions to global problems through dialogue and cooperation.

Overall, Wang Yi's statements at the press conference demonstrate the consistency of China's foreign policy. Beijing seeks to strengthen strategic partnerships, develop regional mechanisms for economic cooperation, and simultaneously advance global governance reform. Amid profound changes in global politics, China is increasingly advocating for the development of multilateral cooperation and the creation of a more balanced and sustainable system of international relations.

Author: Anushervon Rasulov

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The world watches the Two Sessions: China's achievements in high-quality development are impressive, and its experience is worth studying.

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Source: People's Republic of China – State Council News

The 2026 Two Sessions in China have attracted global attention. International experts emphasize the special significance of the Two Sessions, taking place in the first year of the 15th Five-Year Plan. The 15th Five-Year Plan not only strengthens confidence in China's high-quality development but also opens up new opportunities for global growth.

Former Argentine Ambassador to China Sabino Vaca Narvaja: This year, the Two China Sessions will discuss in detail the draft "Outline of the 15th Five-Year Plan for China's National Economic and Social Development," which places significant emphasis on the development of the country's key technologies. I believe this is extremely important, as it points to a new direction for the Chinese economy, focused on high-quality development, which will undoubtedly have an impact on the entire world. Studying the 15th Five-Year Plan is of great importance for Latin America—it will help the region better integrate into global value chains and join China's large-scale development in many key sectors, such as artificial intelligence, quantum computing, and aerospace. By strengthening cooperation with China, Latin America can achieve significant success.

Ignacio Araya, an international relations expert at the University of Chile: The two sessions in China are a significant political event, and the launch of the 15th Five-Year Plan makes them even more significant this year. The 15th Five-Year Plan is not only a development roadmap for China but also a benchmark for other countries, providing a higher level of certainty and predictability, allowing states to adjust their investment and trade policies accordingly.

Veljko Mijušković, Professor at the Faculty of Economics, University of Belgrade, Serbia: The two sessions in China this year are particularly important, as the next five-year program will be adopted and we will determine the country's development priorities. Serbia and China share an unbreakable friendship, and we hope that our countries will strengthen cooperation in key economic areas. On the one hand, it is necessary to continue implementing infrastructure projects, as in the past, and on the other, to promote the modernization of industry in Serbia and the entire region.

International experts also emphasize that China has made significant progress in emerging areas such as green energy and technological innovation, and this experience is worth studying by other countries.

Tomasz Bieliński, Professor at the Faculty of Economics, University of Gdańsk, Poland: I really enjoyed the Lunar New Year gala concert, especially the robot demonstration. China's technological development is truly astounding. I believe we can reach good agreements with Chinese entrepreneurs, collaborate, and jointly apply these technologies for the benefit of both China and the European Union. I am also well aware of China's innovative capabilities, particularly in the field of autonomous driving.

Al-Busirah Bashnur, Chairman-General of the Indonesia-China Friendship Society: We hope that economic cooperation between China and Indonesia will further deepen, particularly in trade and investment. I also place particular emphasis on the development of green energy. We know that China has strong potential in electric vehicles, and Chinese electric cars are very popular in Indonesia.

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China strengthens judicial protection of intellectual property rights

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Source: People's Republic of China – State Council News

BEIJING, March 9 (Xinhua) — China has strengthened judicial protection of intellectual property rights (IPR) over the past year as part of its broader push to enhance its high-level science and technology capabilities, according to a work report by the Supreme People's Court (SPC) submitted to the ongoing fourth session of the 14th National People's Congress (NPC) on Monday.

In 2025, Chinese courts handed down sentences to approximately 19,000 defendants in criminal cases related to IPR infringement, which is 6.2 percent more than the previous year, the document says. -0-

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Fire at UAE oil field contained

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Source: People's Republic of China – State Council News

DUBAI, March 9 (Xinhua) — Authorities in the emirate of Fujairah, located on the east coast of the UAE, said on Monday they had brought under control a fire at an oil field caused by falling debris after an air defense operation.

Officials said emergency crews responded quickly and contained the fire, and there were no reports of injuries.

Authorities also urged the public not to spread rumors and to rely only on information from official sources, adding that information will be updated as events develop. –0–

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A fire broke out at an oil field in the UAE due to falling debris after an air defense system was used.

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DUBAI, March 9 (Xinhua) — Authorities in Fujairah, an emirate on the east coast of the United Arab Emirates (UAE), said on Monday they were responding to a fire at an oil field caused by falling debris after an air defense operation.

Officials said there were no reports of casualties so far and emergency crews were dealing with the incident.

Authorities also urged the public not to spread rumors and to rely only on information from official sources, adding that information will be updated as events develop. –0–

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Iran says 104 people were killed and 32 wounded in a US attack on a frigate in the Indian Ocean.

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Source: People's Republic of China – State Council News

TEHRAN, March 9 (Xinhua) — Iran's military said Sunday that 104 people were killed and 32 others wounded in a United States attack on the Iranian navy frigate Dena in international waters.

In a statement on its website, the Iranian Armed Forces condemned the "inhumane" attack, calling it a "cowardly" and "cruel" attack by the US Navy. The frigate, carrying 136 crew members, was returning from the 2026 International Fleet Review and the Milan exercises when it was struck.

The Iranian military claimed that the United States attacked a vessel without warning on Wednesday, hundreds of miles from the conflict zone, violating international humanitarian and maritime law. The frigate was torpedoed and sunk by the Los Angeles-class submarine USS Charlotte in the Indian Ocean.

The incident occurred after joint Israeli-US strikes on Tehran and other Iranian cities on February 28, which killed Iran's Supreme Leader Ali Khamenei, several members of his family, senior military commanders, and civilians. Iran responded with multiple missile and drone strikes against Israel and US bases in the Middle East.

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The third plenary meeting of the 4th session of the 14th CPPCC National Committee was held.

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Source: People's Republic of China – State Council News

BEIJING, March 9 (Xinhua) — The third plenary meeting of the fourth session of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) was held in Beijing on Sunday.

Wang Huning, member of the Standing Committee of the Politburo of the CPC Central Committee and Chairman of the National Committee of the CPPCC, attended the event.

High-ranking officials from the CPC Central Committee and the State Council of the People's Republic of China were invited to hear opinions and proposals.

During the meeting, 14 members of the CPPCC National Committee spoke on a wide range of issues.

CPPCC National Committee member Lian Yimin stressed the importance of promoting the integrated development of urban and rural areas to achieve substantial progress on the path to achieving common prosperity.

CPPCC National Committee member Chen Xingying said Taiwan's future lies in China's reunification. She called for joint efforts to ensure the peaceful development of cross-strait relations and promote cross-strait integrated development.

CPPCC National Committee member Shi Ronghuai pointed out the need to strengthen the foundation of the "one country, two systems" policy, improve social governance, and address the concerns of the people.

CPPCC National Committee member Panchen Erdeni Chos-kyi Gyal-po said that the country's prosperity and stability are fundamental guarantees for the healthy development of its religions. He added that Tibetan Buddhism will be more consciously integrated into the country's overall development.

CPPCC National Committee member Ilzat Akhmatjan called for strengthening interaction, exchange and integration among all ethnic groups and further developing the unity of the Chinese nation.

CPPCC National Committee member Wang Jinnan stressed the need to accelerate the transition to a comprehensive ecological transformation of socio-economic development and the spread of a "green" mode of production and a "green" lifestyle to advance the construction of a "Beautiful China." -0-

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China will continue to combat telecommunications and internet fraud, according to the National People's Congress of China.

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Source: People's Republic of China – State Council News

BEIJING, March 9 (Xinhua) — China will strengthen its fight against telecommunications and internet fraud in 2026, according to a work report by the Supreme People's Procuratorate (SPP) submitted to the ongoing fourth session of the 14th NPC on Monday.

Last year, about 69,000 people were charged with suspected crimes related to telecommunications and internet fraud, according to the report.

In 2025, China cracked down on cross-border telecom fraud, prosecuting 285 individuals from criminal groups based in northern Myanmar. They were charged with fraud, intentional murder, and intentional injury to Chinese citizens, according to the report.

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