China Business Daily

9 September 2026 · 07:41 CST · Daily intelligence brief

This edition draws on 39 reports across 15 Chinese outlets.

At a Glance

  • MOFCOM expanded the national key foreign-funded project list by 84 projects, including six landmark projects with combined investment of US$19.46 billion; such projects have now cumulatively used US$109.3 billion of foreign capital. Eastmoney, 2026-09-08.
  • Regulators cleared the first eight Beijing Stock Exchange three-month holding-period thematic funds, breaking with the previous two-year closed-end model in favor of a three-month minimum holding period. National Business Daily, 2026-09-08.
  • Six departments set 2028 targets for China’s historical classic industries, aiming for 50 leading enterprises with annual scale of 1 billion yuan and 100 well-known Chinese consumer brands. People’s Daily, 2026-09-07.

Top Stories

Policy

  • MOFCOM Adds 84 Projects to National List of Key Foreign-Funded Projects · covered by 3 outlets
  • MOFCOM has added 84 projects to the national list of key foreign-funded projects, including six landmark projects, according to the ministry. Eastmoney, 2026-09-08.
  • The six landmark projects are the AstraZeneca Global Strategic R&D Center; Qingding AI server and high-speed optical module high-density interconnect laminate; Saudi Water and Electricity Company green power direct connection; Harmony Beijing Medical International Innovation Center investment; Fujian Benz (福建奔驰; Mercedes-Benz’s Chinese van-making joint venture) Phase II construction; and the Genting Group-Guotou Jieneng 2×745 MW gas power generation project, with total investment of US$19.46 billion, according to the ministry. Eastmoney, 2026-09-08.
  • The new projects are concentrated mainly in manufacturing — covering electromechanical equipment, chemical energy, automobiles and medical health — while key foreign-funded projects have cumulatively actually used US$109.3 billion of foreign capital, according to the ministry. Eastmoney, 2026-09-08.

  • The list also includes the SAIC Volkswagen C-SUV new model, Reckitt’s Taicang factory, Lilly’s upgraded Suzhou capacity, the Rolls-Royce Beijing aviation-engine maintenance capital increase, the Zeiss Greater China headquarters park, Saudi Aramco Rongsheng Petrochemical, ABB electrical technology, LG new-energy-vehicle parts, SK Group power battery and SK Hynix semiconductor manufacturing projects, according to the ministry. Eastmoney, 2026-09-08.

  • Six Departments Order Digital, Smart Upgrades for China’s Heritage Industries · covered by 4 outlets

  • Six departments including the Ministry of Industry and Information Technology on September 7 issued the Opinions on Promoting High-Quality Development of Historical Classic Industries — traditional Chinese specialties such as silk, tea, porcelain, traditional Chinese medicine, brewing, arts and crafts and the Four Treasures of the Study — laying out five aspects and 20 work tasks, according to the six departments. People’s Daily, 2026-09-07.
  • By 2028, the plan targets 50 leading enterprises each with annual scale of 1 billion yuan, 100 well-known Chinese consumer brands, and several characteristic industrial clusters with scale of 100 billion yuan, according to the six departments. People’s Daily, 2026-09-07.
  • China’s historical classic industries comprise roughly 25,000 industrial enterprises above the designated size and generate annual operating revenue of 8 trillion yuan. People’s Daily, 2026-09-07.

Markets

  • Regulators Approve First Eight Beijing Stock Exchange Three-Month Holding Funds · covered by 3 outlets
  • The first batch of eight Beijing Stock Exchange (北交所; a Chinese stock exchange focused on innovative small and mid-sized firms) three-month holding-period thematic funds was approved, after eight fund managers — E Fund, China Asset Management, Southern Fund, Fullgoal Fund, Harvest Fund, China Universal Fund, CSC Fund and Eastmoney Fund — submitted the products to the China Securities Regulatory Commission on July 24. National Business Daily, 2026-09-08.
  • The products break the previous two-year closed-end model and adopt a three-month minimum holding period to balance liquidity and stability. National Business Daily, 2026-09-08.

  • Fund companies are advancing issuance preparations, with some saying fundraising could begin as early as next week. National Business Daily, 2026-09-08.

  • Chinese Equity Funds Keep High Stock Allocations, Add Nonferrous Metals · covered by 1 outlet

  • Public-offering equity funds continue to maintain high equity positions, with electronics remaining the largest heavily held industry and nonferrous metals (industrial metals other than iron) receiving notably active increases, according to a Shanghai Securities News report. National Business Daily, 2026-09-09.

  • Multiple public fund institutions believe nonferrous metals are supported by high resource prices, supply constraints and realized corporate earnings despite recent sector volatility, and expect further divergence in the trends of different metal varieties. National Business Daily, 2026-09-09.

  • New Oriental Shares to Be Swayed by US CPI and Oriental Selection Store Data · covered by 1 outlet

  • New Oriental (新东方; a Chinese education company) faces two core swing factors for its share direction: U.S. inflation data and the physical-store rollout of Oriental Selection (东方甄选; its livestream-commerce and retail arm). Economic Observer, 2026-09-09.
  • On September 11, U.S. August CPI data will be released; if inflation declines and rate-hike expectations cool, the Chinese stock sector including New Oriental could see sentiment repair. Economic Observer, 2026-09-09.

  • Oriental Selection’s physical-store plan targets 1,000 stores in three years, and actual implementation data is the market’s valuation anchor for its “education + life + culture and tourism” second growth curve. Economic Observer, 2026-09-09.

  • Noah Holdings Trades at 6x 2026 Earnings; Market Questions Sustainability · covered by 1 outlet

  • Noah Holdings (诺亚控股; a Chinese wealth-management firm) trades near 6 times expected 2026 earnings, although the market questions the sustainability of its growth. Economic Observer, 2026-09-09.
  • If overseas expansion falls short of expectations or performance fees decline, Noah Holdings’ profit elasticity could contract quickly. Economic Observer, 2026-09-09.

Company

  • NanDa Environment Flags Possible Change of Control · covered by 2 outlets
  • NanDa Environment (南大环境; a Chinese environmental-services company) announced that its controlling shareholder, NanDa Capital, plans to transfer no less than 15% of the company’s total shares — at least 23,865,600 shares — through public solicitation of transferees; after the transfer, NanDa Capital’s stake would be no higher than 14.23%, potentially changing the controlling shareholder and actual controller. National Business Daily, 2026-09-08.
  • NanDa Environment’s 2026 interim net profit was 85.1411 million yuan, up 2.12% year on year, after full-year 2025 net profit fell 9.61% to 151 million yuan. Jiemian, 2026-09-08.

Also Reported

Further developments selected for today’s brief; tap a source to read the original.

Sources

39 source articles across 15 Chinese outlets. Each story below lists the outlets that corroborate it; click any source to read the original.

MOFCOM adds 84 projects to national list of key foreign investment projects — 3 outlets

Regulators approve first eight Beijing Stock Exchange three-month holding funds — 4 outlets

Six departments order digital, smart upgrades for China’s heritage industries — 4 outlets

Chinese equity funds keep high stock allocations, add nonferrous metals — 1 outlet

New Oriental shares to be swayed by US CPI and East Buy store data — 1 outlet

Noah Holdings trades at 6x 2026 earnings; analysts question sustainability — 1 outlet

NanDa Environment flags possible change of control — 3 outlets

Huawei details Kirin chip for first time in six years, debuts ‘Tao’s Law’ in tri-fold — 3 outlets

China mandates overdue-payment terms for auto suppliers in new joint rule — 3 outlets

New type of policy-based financial tools accelerates deployment across China — 3 outlets

Moore Threads’ market cap drops below 200 billion yuan as lock-up expires — 3 outlets

China infant-formula leaders see H1 recovery but sector reset still incomplete — 3 outlets

MIIT targets cultivating 100 Chinese consumer brands by 2028 — 3 outlets

Hog prices stay weak in August, squeezing pig farmer earnings — 3 outlets

Xinjiang traditional industries shift to digital and smart manufacturing — 1 outlet

Methodology: stories are clustered across Chinese outlets and ranked by breadth of corroboration and recency. Reporting is descriptive only and is not investment advice. Compiled 9 September 2026 07:41 CST.

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