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Peng Peng

Peng Peng is the Executive Chairman of the Guangdong Society of Reform, a prominent think tank affiliated with the provincial government in Guangzhou. He is a respected voice on China’s economic landscape, frequently commenting on national and regional policies. His expertise encompasses domestic demand, trade dynamics and the vital role of the private sector in economic growth. Peng has highlighted unstable employment and incomes as significant factors hindering demand. He also provides insights on government finance, austerity measures and the importance of technology and innovation for future development.

People line up to enter a cinema in north China’s Tianjin. Photo: Xinhua

China consumption

Ne Zha 2 hangover? China’s Lunar New Year box office plunges to 6-year low

China’s holiday box office fell nearly 40 per cent year on year as studios failed to find a breakout hit to match last year’s Ne Zha 2.

24 Feb 2026 - 5:30PM

China's economic recovery

China tightens rail approvals as Xi warns on waste and ‘operational’ trouble

27 Jan 2026 - 6:00PMvideocam

Trending in China

China office workers run to bond with peers, clients, pressured to meet speed targets

18 Jan 2026 - 4:00PM

US-China trade war

AI is reshaping US-China tech race – can electricity tilt the balance?

Already home to world’s largest power system, Beijing moves to lock in advantage through record investment.

16 Jan 2026 - 10:00PMvideocam

A drone photo taken on December 16, 2025, shows a power transmission line in east China’s Anhui province. Photo: Xinhua

China deflation

China’s solar firms, once deemed too competitive, now face monopoly accusations

Major producers are suspected of using Beijing’s anti-involution campaign as an excuse to rig prices.

12 Jan 2026 - 4:00PM

China GDP

China’s powerhouse province targets doubling GDP by 2035 – but can it deliver?

Southern province in Greater Bay Area has fallen short of national average since 2021, but new proposals pin hope on hi-tech industries.

11 Dec 2025 - 6:21PMvideocam

China exports

How Chinese lifestyle brands are finding fans abroad with toys, tea and trends

From milk tea to blind boxes, China’s lighter consumer brands are winning worldwide recognition – though time will tell if the craze will last.

11 Dec 2025 - 11:22AMvideocam

China property

Shanghai launches clampdown on property market doom-mongering

City’s internet regulators shut down 70,000 accounts in a ‘special campaign’ against pessimistic content as real estate jitters continue.

3 Dec 2025 - 10:20PMvideocam

China's economic recovery

Beijing aims to harness state, private sectors to build ‘world-class firms’

Private firms need a stable, level playing field, with state-owned enterprises acting as anchors for strategic industries, state-asset watchdog says.

1 Dec 2025 - 5:28PM

China's economic recovery

China tightens tax scrutiny on citizens’ overseas income amid fiscal pressures

As local authorities use big data to identify violators, analyst says better enforcement could ease financial strain.

13 Nov 2025 - 5:13PM

Facing fiscal challenges in recent years, China’s local authorities have expanded initiatives to collect taxes. Photo: Getty Images

China consumption

Huge subsidy scheme in China’s most populous province falls flat with consumers

The Chinese province has launched its biggest ever consumer subsidy programme to revitalise its economy, but shoppers remain cautious.

10 Nov 2025 - 11:26AM

People visit an electronic device repair centre in Shenzhen, Guangdong province. The southern Chinese region is struggling to boost local consumption as consumers remain cautious. Photo: Getty Images

Science

PLA releases photo of hypersonic ‘morphing’ missile that changes shape at Mach 5

China’s groundbreaking design features retractable wings that minimise drag for high-speed cruising.

1 Nov 2025 - 12:21AMvideocam

China travel

‘Work from the air’: Chinese airline offers free Wi-fi to lure back travellers

China’s airlines face growing competition from the country’s high-speed rail network, which many passengers prefer for intercity travel.

19 Oct 2025 - 10:00AMvideocam

US-China trade war

China’s secret weapon in chip battle with US: intense city rivalry

China’s megacities are racing to draw capital to the semiconductor sector as they compete to become chip powerhouses.

17 Oct 2025 - 4:59PMvideocam

An employee works at a factory producing chips for export in China’s eastern Shandong province. China’s local governments are pouring investment into the semiconductor sector as they compete to emerge as chip powerhouses. Photo: AFP

US-China tech war

Chip supply at risk in fight over Nexperia, unit of China’s Wingtech

Clients including Apple and Tesla may have to find other suppliers as unit caught in crossfire between Dutch, Chinese officials.

15 Oct 2025 - 9:00PM

The building housing the head office of Chinese-owned chipmaker Nexperia is seen in Nijmegen, Netherlands, on October 14, 2025. Photo: AP Photo

China jobs

China bids to break job market ‘curse of 35’ as it raises civil service age cap

The government will now accept candidates aged up to 43 for some positions, a change that comes amid rampant job market age discrimination.

15 Oct 2025 - 1:05PMvideocam

China consumption

China’s ‘super golden week’ box office lags, but annual picture improves

The extended National Day break failed to attract more film-goers to nation’s cinemas despite more screenings and lower ticket prices.

9 Oct 2025 - 7:30PM

China’s private sector

China’s private firms face a difficult landscape. Can the 5-year plan help?

Entrepreneurs in traditional sectors hope China’s next plan will help relieve pressures from low demand, price wars and regulatory scrutiny.

7 Oct 2025 - 10:52AMvideocam

US-China trade war

‘Dare to fight’: how China’s art of the deal reflects years of Trump dealings

Beijing fired back at Washington ahead of Trump’s executive order on TikTok last week, and analysts say it stems from hard-learned lessons.

29 Sep 2025 - 9:00PM

US-China relations

Texas law curbing Chinese property rights takes effect, no relief in sight for months

Court dismissed a challenge in August; an appeal is pending.

6 Sep 2025 - 7:49AM

Made in China 2025

China doubles down on AI – but calls for rational, not ‘blind’, growth

Beijing wants regions to shape AI to local needs, avoiding the fierce competition plaguing some sectors and weighing on the economy.

29 Aug 2025 - 5:09PMvideocam

Schematic microchip of artificial intelligence with a coordinate system on the background of the Flag of China. Photo: Shutterstock

Semiconductors

Bargaining chip: Nvidia’s efforts to please US and China get harder

The world’s most valuable company by market cap finds itself in the centre of trade negotiations between Beijing and Washington.

16 Aug 2025 - 12:00PM

Nvidia has become a bargaining chip in US-China trade negotiations. Illustration: Lau Ka-kuen

US-China relations

Exclusive | US court to dismiss suit against Texas law to limit Chinese property rights: lawyer

Law set to take effect next month challenged as discriminatory, unconstitutional.

7 Sep 2025 - 10:37PM

China GDP

Guangzhou and Shenzhen, once China’s growth engines, report GDP underperformance

Southern powerhouses report lower growth rates for first half of 2025, with analysts citing trade and property challenges as the cause.

1 Aug 2025 - 8:00AM

China GDP

China’s new champion? Jiangsu narrows gap with Guangdong for top provincial GDP

Tech clusters fuel Jiangsu’s rise as Guangdong’s export-led growth shows signs of slowing.

22 Jul 2025 - 8:08PM

Suzhou Industrial Park skyline in China’s Jiangsu province. Photo: Getty Images

China manufacturing

Will Guangdong’s plan for a domestic version of Canton Fair pay off?

Provincial government has released a work plan that aims to help exporters find customers at home.

27 Jun 2025 - 5:00PM

This year’s spring session of the Canton Fair, from April 15 to May 5, attracted a record number of foreign buyers. Photo: AP

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Peng Peng

Ne Zha 2 hangover? China’s Lunar New Year box office plunges to 6-year low

China’s holiday box office fell nearly 40 per cent year on year as studios failed to find a breakout hit to match last year’s Ne Zha 2.

China tightens rail approvals as Xi warns on waste and ‘operational’ trouble

China office workers run to bond with peers, clients, pressured to meet speed targets

AI is reshaping US-China tech race – can electricity tilt the balance?

Already home to world’s largest power system, Beijing moves to lock in advantage through record investment.

China’s solar firms, once deemed too competitive, now face monopoly accusations

Major producers are suspected of using Beijing’s anti-involution campaign as an excuse to rig prices.

China’s powerhouse province targets doubling GDP by 2035 – but can it deliver?

Southern province in Greater Bay Area has fallen short of national average since 2021, but new proposals pin hope on hi-tech industries.

How Chinese lifestyle brands are finding fans abroad with toys, tea and trends

From milk tea to blind boxes, China’s lighter consumer brands are winning worldwide recognition – though time will tell if the craze will last.

Shanghai launches clampdown on property market doom-mongering

City’s internet regulators shut down 70,000 accounts in a ‘special campaign’ against pessimistic content as real estate jitters continue.

Beijing aims to harness state, private sectors to build ‘world-class firms’

Private firms need a stable, level playing field, with state-owned enterprises acting as anchors for strategic industries, state-asset watchdog says.

China tightens tax scrutiny on citizens’ overseas income amid fiscal pressures

As local authorities use big data to identify violators, analyst says better enforcement could ease financial strain.

Huge subsidy scheme in China’s most populous province falls flat with consumers

The Chinese province has launched its biggest ever consumer subsidy programme to revitalise its economy, but shoppers remain cautious.

PLA releases photo of hypersonic ‘morphing’ missile that changes shape at Mach 5

China’s groundbreaking design features retractable wings that minimise drag for high-speed cruising.

‘Work from the air’: Chinese airline offers free Wi-fi to lure back travellers

China’s airlines face growing competition from the country’s high-speed rail network, which many passengers prefer for intercity travel.

China’s secret weapon in chip battle with US: intense city rivalry

China’s megacities are racing to draw capital to the semiconductor sector as they compete to become chip powerhouses.

Chip supply at risk in fight over Nexperia, unit of China’s Wingtech

Clients including Apple and Tesla may have to find other suppliers as unit caught in crossfire between Dutch, Chinese officials.

China bids to break job market ‘curse of 35’ as it raises civil service age cap

The government will now accept candidates aged up to 43 for some positions, a change that comes amid rampant job market age discrimination.

China’s ‘super golden week’ box office lags, but annual picture improves

The extended National Day break failed to attract more film-goers to nation’s cinemas despite more screenings and lower ticket prices.

China’s private firms face a difficult landscape. Can the 5-year plan help?

Entrepreneurs in traditional sectors hope China’s next plan will help relieve pressures from low demand, price wars and regulatory scrutiny.

‘Dare to fight’: how China’s art of the deal reflects years of Trump dealings

Beijing fired back at Washington ahead of Trump’s executive order on TikTok last week, and analysts say it stems from hard-learned lessons.

Texas law curbing Chinese property rights takes effect, no relief in sight for months

Court dismissed a challenge in August; an appeal is pending.

China doubles down on AI – but calls for rational, not ‘blind’, growth

Beijing wants regions to shape AI to local needs, avoiding the fierce competition plaguing some sectors and weighing on the economy.

Bargaining chip: Nvidia’s efforts to please US and China get harder

The world’s most valuable company by market cap finds itself in the centre of trade negotiations between Beijing and Washington.

.css-19im5qg{color:#c79a00;}Exclusive | US court to dismiss suit against Texas law to limit Chinese property rights: lawyer

Law set to take effect next month challenged as discriminatory, unconstitutional.

Guangzhou and Shenzhen, once China’s growth engines, report GDP underperformance

Southern powerhouses report lower growth rates for first half of 2025, with analysts citing trade and property challenges as the cause.

China’s new champion? Jiangsu narrows gap with Guangdong for top provincial GDP

Tech clusters fuel Jiangsu’s rise as Guangdong’s export-led growth shows signs of slowing.

Will Guangdong’s plan for a domestic version of Canton Fair pay off?

Provincial government has released a work plan that aims to help exporters find customers at home.

Exclusive | US court to dismiss suit against Texas law to limit Chinese property rights: lawyer