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On September 15th, data from the National Bureau of Statistics showed that in August, the year-on-year decline in new residential property prices in first-tier cities was 0.9%, a decrease of 0.2 percentage points compared to the previous month. Specifically, prices in Beijing, Guangzhou, and Shenzhen fell by 2.3%, 1.9%, and 2.3% respectively, while Shanghai saw an increase of 3.0%. In second- and third-tier cities, the year-on-year declines in new residential property prices were 2.7% and 4.1% respectively, both narrowing by 0.1 percentage points. In August, the year-on-year decline in existing residential property prices in first-tier cities was 2.7%, a decrease of 1.0 percentage point compared to the previous month. Specifically, prices in Beijing, Shanghai, Guangzhou, and Shenzhen fell by 3.5%, 0.8%, 3.8%, and 2.7% respectively. In second- and third-tier cities, the year-on-year declines in existing residential property prices were 4.9% and 5.6% respectively, both narrowing by 0.2 percentage points.New Residential Housing Prices: 1. Beijing: August new residential housing prices -0.2% month-on-month (previous value -0.3%), -2.3% year-on-year (previous value -2.3%). 2. Shanghai: August new residential housing prices +0.4% month-on-month (previous value +0.2%), +3.0% year-on-year (previous value +3.0%). 3. Guangzhou: August new residential housing prices +0.1% month-on-month (previous value +0.1%), -1.9% year-on-year (previous value -2.2%). 4. Shenzhen: August new residential housing prices +0.2% month-on-month (previous value +0.2%), -2.3% year-on-year (previous value -2.9%). Second-hand Residential Housing Prices: 1. Beijing: August second-hand residential housing prices -0.1% month-on-month (previous value 0.0%), -3.5% year-on-year (previous value -4.5%). 2. Shanghais existing home prices in August increased by 0.3% month-on-month (previous value +0.3%) and decreased by 0.8% year-on-year (previous value -2.0%). 3. Guangzhous existing home prices in August remained unchanged month-on-month (previous value +0.4%) and decreased by 3.8% year-on-year (previous value -4.7%). 4. Shenzhens existing home prices in August increased by 0.1% month-on-month (previous value +0.2%) and decreased by 2.7% year-on-year (previous value -3.6%).National Bureau of Statistics: Beijings second-hand housing prices in August decreased by 0.1% month-on-month (previous value +0%) and decreased by 3.5% year-on-year (previous value -4.5%).According to the National Bureau of Statistics, the price of second-hand residential properties in Shenzhen rose 0.1% month-on-month in August (up 0.2% in the previous month) and fell 2.7% year-on-year (down 3.6% in the previous month).September 15th - The 2026 China Carbon Market Conference was held in Wuhan, Hubei Province this morning, and the "National Carbon Market Development Report (2026)" was released at the conference. Reporters learned that as of the end of August, the national carbon emission trading market had accumulated transactions exceeding 900 million tons, with a transaction value exceeding 60 billion yuan. The national carbon market has grown from nothing to a significant stage, playing a crucial role in promoting the achievement of carbon peaking and carbon neutrality goals.

Taiwan Threatens WTO Action As China Suspends Importation of Grouper Fish

Aria Thomas

Jun 13, 2022 11:48

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Saturday, Taiwan's government threatened to take China to the World Trade Organization after China blocked imports of grouper fish from Taiwan, citing the presence of banned chemicals. This is the latest agricultural dispute between the two countries.


Last year, China stopped imports of Taiwanese pineapples, sugar apples, and wax apples, alleging insect problems, which Taiwan vehemently rejected.


Relations between Taipei and Beijing, which claims democratically governed Taiwan as its own territory, are at their lowest level in decades, with China intensifying political and military pressure on the island to recognize its sovereignty.


China's customs department announced late Friday that it had repeatedly identified illegal substances in Taiwanese grouper and would suspend their import beginning Monday "to prevent dangers and protect consumer health and life."


Chen Chi-chung, minister of agriculture for Taiwan's Council of Agriculture, denied the accusation, stating there was nothing wrong with the fish and that Taiwan will supply China with data and request a response.


He told reporters that Taiwan would not rule out pushing the issue to the WTO if China did not reply.


According to Cabinet spokesman Lo Ping-cheng, China has frequently boycotted and blocked Taiwanese agricultural and aquatic exports "in a manner inconsistent with international norms."


This not only damages relations between Taiwan and China, but also increases the Taiwanese public's displeasure with the Chinese Communist Party's arbitrary suppression of Taiwan.


The majority of Taiwanese grouper is consumed domestically, while China accounts for almost 90 percent of exports.