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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.

The SpaceX rocket that blew up in 2016 in Cape Canaveral, Florida. Photo: EPA

US-China tech war

Who pays when rockets explode? China rushes to insure SpaceX’s rivals

Wave of Chinese insurers is underwriting rockets and satellites, turning space risk into a new front in the China-US rivalry.

11 Jun 2026 - 7:30PM

Banking & finance

‘Tell the story well’: China pushes brokerages to shape stock market narrative

29 May 2026 - 3:00PM

China economy

Will China’s residency changes to social insurance unlock economic growth?

23 May 2026 - 5:00PM

China-Russia relations

Xi-Putin meeting: everything you need to know from the Beijing talks

From Putin’s ‘second home’ to his reunion with a Chinese engineer, here’s all you need to know from the Beijing meeting.

21 May 2026 - 4:44AM

Presidents Xi Jinping and Vladimir Putin wave to a group of children at a welcome ceremony for the Russian leader in Beijing on May 20. Photo: Pool via AFP

China-Russia relations

How Putin’s chance encounter with a Chinese boy in Beijing shaped a life

Over 25 years ago, a young boy in Beihai Park caught the attention of Russia’s then new president as he visited China for the first time.

20 May 2026 - 7:54PMvideocam

Transport and logistics

China’s up-and-coming cities plan second airports as competition soars

Emerging economic centres are looking to broaden their aviation networks as local governments seek greater international, regional connectivity.

17 May 2026 - 12:00PMvideocam

Artificial intelligence

AI | China’s tech giants look to rewrite the e-commerce playbook with AI agents

The nation’s over 900 million e-commerce users are taking part in an experiment where rigid search terms are replaced by natural dialogue.

15 May 2026 - 8:00PM

Small shopping cart on a laptop keyboard signifies convenience in digital purchases. Photo: Shutterstock Images

China manufacturing

How China’s industrial tourism is creating a new generation of tech-savvy kids

Electric vehicle and drone factory visits are on the rise, turning workplaces into educational sites in the AI era.

3 May 2026 - 11:00AMvideocam

Hong Kong economy

Hong Kong urged to be more proactive in removing barriers with Shenzhen

New Shenzhen party chief Jin Lei has conducted high-profile visits to major joint projects between two cities in his first month.

19 Apr 2026 - 7:52PM

China jobs

Shanghai mobilises seniors to work longer amid China’s demographic crisis

With one in three residents above retirement age, Shanghai’s 28-department plan aims to mobilise retirees to offset shrinking payrolls and rising pension strains.

19 Apr 2026 - 4:00PM

A group of older Chinese people gather at Shanghai’s Fuxing Park. The city is now encouraging seniors to return to work. Photo: Shutterstock

Trending in China

China family buries luxury car as offering, prompts official reprimand, public apology

Death of ‘avid collector’ of expensive vehicles sparks bizarre funeral ceremony which raises environmental fears.

18 Apr 2026 - 6:23PM

A Chinese family buried a real Mercedes-Benz with the auspicious license plate 8888 as an offering, which attracted significant attention. Photo: SCMP composite/Douyin

Shenzhen

Shenzhen’s new party boss has taken the wheel but can he deliver ahead of Apec?

Jin Lei is focused on preparations for the regional summit, including tackling the long-standing problem of e-scooters.

14 Apr 2026 - 10:00AM

China shipbuilding

China’s high-end yacht owners say industry growth stifled by structural gaps

Shipowners say billionaire Richard Liu’s new venture to make yacht ownership more affordable will need to surmount significant challenges.

29 Mar 2026 - 4:00PMvideocam

China trade

Chinese island province wants more than beachgoers as it chases economic growth

After three speculative booms – and busts – the island province is seeking sustainable growth based on new status as a free-trade port.

24 Mar 2026 - 9:38AMvideocam

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

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

China's economic recovery

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

Intercity lines face stricter break-even rules, as the central government cracks down on ‘back-door’ metro projects and looks to curb redundant infrastructure spending.

27 Jan 2026 - 6:00PMvideocam

Trending in China

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

Working-on the run craze hits big cities as some firms formalise fitness regimes; trend mirrors rise in popularity of marathon running.

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

Shanghai has launched a “special campaign” against online content that talks down the property market. Photo: Shutterstock

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

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

An example of the hypersonic morphing missile prototype. Photo: NUDT

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

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Peng Peng

Who pays when rockets explode? China rushes to insure SpaceX’s rivals

Wave of Chinese insurers is underwriting rockets and satellites, turning space risk into a new front in the China-US rivalry.

‘Tell the story well’: China pushes brokerages to shape stock market narrative

Will China’s residency changes to social insurance unlock economic growth?

Xi-Putin meeting: everything you need to know from the Beijing talks

From Putin’s ‘second home’ to his reunion with a Chinese engineer, here’s all you need to know from the Beijing meeting.

How Putin’s chance encounter with a Chinese boy in Beijing shaped a life

Over 25 years ago, a young boy in Beihai Park caught the attention of Russia’s then new president as he visited China for the first time.

China’s up-and-coming cities plan second airports as competition soars

Emerging economic centres are looking to broaden their aviation networks as local governments seek greater international, regional connectivity.

.css-1f6sr3w{color:#727272;}AI | China’s tech giants look to rewrite the e-commerce playbook with AI agents

The nation’s over 900 million e-commerce users are taking part in an experiment where rigid search terms are replaced by natural dialogue.

How China’s industrial tourism is creating a new generation of tech-savvy kids

Electric vehicle and drone factory visits are on the rise, turning workplaces into educational sites in the AI era.

Hong Kong urged to be more proactive in removing barriers with Shenzhen

New Shenzhen party chief Jin Lei has conducted high-profile visits to major joint projects between two cities in his first month.

Shanghai mobilises seniors to work longer amid China’s demographic crisis

With one in three residents above retirement age, Shanghai’s 28-department plan aims to mobilise retirees to offset shrinking payrolls and rising pension strains.

China family buries luxury car as offering, prompts official reprimand, public apology

Death of ‘avid collector’ of expensive vehicles sparks bizarre funeral ceremony which raises environmental fears.

Shenzhen’s new party boss has taken the wheel but can he deliver ahead of Apec?

Jin Lei is focused on preparations for the regional summit, including tackling the long-standing problem of e-scooters.

China’s high-end yacht owners say industry growth stifled by structural gaps

Shipowners say billionaire Richard Liu’s new venture to make yacht ownership more affordable will need to surmount significant challenges.

Chinese island province wants more than beachgoers as it chases economic growth

After three speculative booms – and busts – the island province is seeking sustainable growth based on new status as a free-trade port.

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

Intercity lines face stricter break-even rules, as the central government cracks down on ‘back-door’ metro projects and looks to curb redundant infrastructure spending.

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

Working-on the run craze hits big cities as some firms formalise fitness regimes; trend mirrors rise in popularity of marathon running.

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.

AI | China’s tech giants look to rewrite the e-commerce playbook with AI agents