Two warships independently developed by China have arrived at the Changi Naval Base in Singapore and will be open to the public at the ongoing International Maritime Defense Exhibition (IMDEX) Asia 2025.
IMDEX Asia 2025, which opened on Tuesday at the Changi Exhibition Center, is one of the most influential defense events in Asia. China has participated in the exhibition for many consecutive sessions. This edition of the exhibition has attracted more than 100 companies from countries and regions around the world, focusing on displaying the latest maritime sci-tech achievements in the fields including artificial intelligence technology, and ship power systems.
The two warships of the Chinese Navy participating in the event are Xuchang Ship and Chishui Ship.
Xuchang Ship is a Type 054A missile frigate with a full load displacement of over 4,000 tons. It is capable of carrying out sea assault, air defense and anti-missile missions. Since it was commissioned in 2017, the ship has participated in a number of major training and exercise missions and maritime escort operations.
Chishui ship is a Type 082II minehunter and minesweeper, capable of performing minehunting and remote-controlled minesweeping missions, protecting the navigation safety of waterways and important ports.
Chinese warships arrive in Singapore for maritime defense exhibition
China's securities regulator has pledged to prioritize market stability and resolutely prevent sharp fluctuations as a core objective for 2026, aiming to consolidate sound development of the capital market.
The China Securities Regulatory Commission (CSRC) made the commitment at its annual work conference on Thursday, where the regulator reviewed the past year's performance and outlined key tasks for 2026.
In 2025, listed companies distributed a combined total of 2.68 trillion yuan (about 380 billion U.S. dollars) in cash dividends and share buybacks throughout the year, further consolidating the momentum for high-quality development.
Initial public offerings (IPOs) and follow-on offerings reached a combined 1.26 trillion yuan, while the exchange bond market issued various bonds totaling 16.3 trillion yuan.
Eighteen futures and options products were smoothly listed, demonstrating the robust functioning of the multi-tiered capital market.
The meeting emphasized that while the capital market currently shows stable and sound performance, it still faces complex and severe challenges posed by intertwined domestic and external risks as well as the overlapping of persisting and emerging issues.
Efforts will be made to effectively enhance the intrinsic stability of the market, the CSRC said, adding that it will rigorously investigate and punish excessive speculation, market manipulation, and other illegal activities to prevent sharp market fluctuations.
It will work to foster a market ecosystem where "long-term capital engages in long-term investment," the regulator said, pledging efforts to broaden the channels for medium and long-term capital inflows, introduce various products and risk management tools suited to long-term investment, and actively guide long-term, rational and value-based investment.
It also vowed to enhance the inclusiveness and adaptability of the multi-tiered equity market, crack down on illegal activities such as financial fraud, price manipulation and insider trading, and enhance corporate governance among listed firms.
The CSRC will advance the two-way opening up of the capital market in 2026.
Efforts will be made to expedite the implementation of the optimized Qualified Foreign Institutional Investor scheme, expand the scope of futures products accessible to foreign investors, and enhance the facilitation of cross-border investment and financing, the regulator said.
China's securities regulator stresses market stability in 2026 work plan
China's securities regulator stresses market stability in 2026 work plan
