Business & Industry News
Latest business & industry news and updates
Gansu's Longnan Expands Olive Oil Industry Across 1.2 Million Mu
Scientific acclimatization, mountain monorails, and cold-press infrastructure turn dry-hot river valleys into a major olive hub.
China Issues 15 Billion Yuan in Sovereign Bonds in Hong Kong Market
The tender drew strong institutional demand with a 4.67 bid-to-cover ratio across five tranches spanning two to thirty years.
Greater Bay Area Mainland Cities Post 20.7% Foreign Trade Surge
Strong private sector activity, surging imports, and closer trade ties with Hong Kong drove 6.27 trillion yuan in trade over the first seven months.
China Begins Real-Ship Navigational Trials on Pinglu Canal Project
Live vessel tests commence on the strategic southwestern waterway to assess technical readiness ahead of full commissioning.
China's Utilized Foreign Investment Reaches 438.3 Billion Yuan as High-Tech Inflows Surge
New foreign-funded enterprise registrations rose 4.4% in the first seven months of the year, driven by high-tech manufacturing and R&D services.
Automakers in China Recall Millions of Vehicles Over Emergency Door Handle Visibility
Regulators cite escape risks during power loss across nine major carmakers, including Tesla, Geely, and Xiaomi.
China's Renewable Hydrogen Capacity Exceeds 1.4 Million Tonnes
A National Energy Administration report highlights rapid expansion in green hydrogen projects and midstream transport infrastructure.
China's Monthly Power Consumption Tops One Trillion Kilowatt-Hours in July
Electricity usage reached 1.04 trillion kilowatt-hours in July, driven by surging demand from electric vehicle charging and internet data services.
China Reports 2026 Early Rice Output of 28.29 Million Tonnes, Down 0.8%
Sown acreage saw a slight increase to 4.74 million hectares, while lower per-unit yields trimmed overall production.
Pinglu Canal Begins Live-Ship Navigation Trials Ahead of Planned September Opening
Four test vessels are conducting complex maneuvers and lock transits across the 134-kilometer waterway linking southwestern China to the sea.
Dispute Escalates at Chipmaker HiWafer Over Control and Company Seals
Reports emerge of a physical confrontation over corporate seals as internal tensions escalate at Chinese semiconductor firm HiWafer.
Evergrande Founder Hui Ka Yan Sentenced to Life in Prison by Shenzhen Court
Shenzhen court sentences Hui Ka Yan to life imprisonment and fines Evergrande affiliates 15.82 billion yuan following first-instance fraud trials.