(L_R) China's Minister of Commerce Wang Wentao, Chairman of the National Development and Reform Commission Zheng Shanjie, Director of the Policy Research Office of the CPC Central Committee Jiang Jinquan, Director of the Office of the Central Rural Work Leading Group Han Wenxiu, Minister of Science and Technology Yin Hejun and Minister of the National Health Commission Lei Haichao attend a press conference of the Central Committee of the Communist Party of China (CPC) in Beijing on October 24, 2025. (Photo by Pedro Pardo / AFP) (Photo by PEDRO PARDO/AFP via Getty Images)

(L_R) China's Minister of Commerce Wang Wentao, Chairman of the National Development and Reform Commission Zheng Shanjie, Director of the Policy Research Office of the CPC Central Committee Jiang Jinquan, Director of the Office of the Central Rural Work Leading Group Han Wenxiu, Minister of Science and Technology Yin Hejun and Minister of the National Health Commission Lei Haichao attend a press conference of the Central Committee of the Communist Party of China (CPC) in Beijing on October 24, 2025. (Photo by Pedro Pardo / AFP) (Photo by PEDRO PARDO/AFP via Getty Images)

TOPSHOT - This photo taken on October 22, 2025 shows a machine conducting a waterproof test on an Honor Magic 8 smartphone at a laboratory of Chinese smartphone company Honor in Shenzhen, in southern China's Guangdong province. (Photo by Jade GAO / AFP) (Photo by JADE GAO/AFP via Getty Images)

TOPSHOT - This photo taken on October 22, 2025 shows an employee working on an Honor Magic 8 smartphone production line at a factory of Chinese smartphone company Honor in Shenzhen, in southern China's Guangdong province. (Photo by Jade GAO / AFP) (Photo by JADE GAO/AFP via Getty Images)

This photo taken on October 22, 2025 shows an employee working on a smartphone production line at a factory of Chinese smartphone company Honor in Shenzhen, in southern China's Guangdong province. (Photo by Jade GAO / AFP) (Photo by JADE GAO/AFP via Getty Images)

This photo taken on October 22, 2025 shows a machine installing a battery on a smartphone production line at a factory of Chinese smartphone company Honor in Shenzhen, in southern China's Guangdong province. (Photo by Jade GAO / AFP) (Photo by JADE GAO/AFP via Getty Images)

This photo taken on October 21, 2025 shows a man walking past the logo of Chinese smartphone company Honor at its headquarter in Shenzhen, in southern China's Guangdong province. (Photo by Jade GAO / AFP) (Photo by JADE GAO/AFP via Getty Images)

This photo taken on October 22, 2025 shows an Honor foldable phone undergoing durability testing at a laboratory of Chinese smartphone company Honor in Shenzhen, in southern China's Guangdong province. (Photo by Jade GAO / AFP) (Photo by JADE GAO/AFP via Getty Images)