Business & Industry News
Latest business & industry news and updates

China Power Construction Shifts Focus to Grid Upgrades as Wind and Solar Expand
A newly released industry report outlines a structural shift toward grid resilience, storage, and overseas contracting ahead of the 15th Five-Year Plan.

High-Tech Sectors Drive Half of China's Industrial Growth in Early 2026
Emerging manufacturing and digital industries underpin production and export delivery gains as automotive shipments surge.

Ningbo-Zhoushan Port Launches Regular Arctic Route and Smart Logistics Systems
The world's largest cargo port rolls out weekly seasonal Arctic sailings and expands proprietary automation technologies.

China's Sales of Embodied AI Robots Surged 95.1% in July, MOFCOM Data Shows
Ministry of Commerce figures reveal rapid growth in smart hardware, new energy vehicles, and rural retail despite modest headline consumption expansion.

China's National Railways Handled 2.35 Billion Tons of Freight in Jan-July
Modest 0.7 percent overall freight growth masks a surge in road-rail intermodal transit and cross-border train runs.

Wuhan Digital Logistics Pilots Cut Inland Multimodal Transport Costs
Cross-regional data sharing between Wuhan and coastal ports reduces transit times and customs friction for central China.

China's Solar Power Capacity Surpasses Coal for the First Time
Solar power reaches 1.286 billion kilowatts to become China's largest generation source by installed capacity, though grid integration and corporate pressures persist.

China Issues 2026 New E-Commerce Report Highlighting AI and Regional Growth
The annual report points to artificial intelligence adoption, diverse business models, and a shift toward brand-led global expansion.

China's Railway Network Handles 954 Million Passenger Trips in Summer Rush
State media report cumulative passenger figures reflecting substantial domestic mobility across the national rail grid during the summer travel peak.

Beijing-Tianjin-Hebei Regional GDP Reached 6 Trillion Yuan in H1 2026, Up 5.1%
Growth in the Northern China megacity cluster was driven by high-tech manufacturing, service sector expansion, and accelerated development in Xiongan.

China Warns Local State Capital Against Herd Mentality in Equity Bets
State media commentary cautions municipalities against rushing into hard-tech equity investments without clear industrial alignment and exit plans.

China-Laos Railway Total Freight Volume Surpasses 90 Million Tons
Cross-border shipments top 21 million tons as average daily freight exceeds 67,000 tons in 2026.