Business & Industry News
Latest business & industry news and updates

State Media Highlights Growth Momentum and Structural Upgrades in Data
Official economic commentary emphasizes new drivers and structural optimization across January to July performance indicators.

Agricultural Bank of China Pilots Computing Power and Token-Based Tech Loans
State-backed lender turns digital compute and AI token consumption metrics into bankable credit assets for tech startups.

China's Top Five Listed Insurers Post Strong First-Half Profit Growth
Surging investment returns and increased equity allocations lifted combined net profit past 317 billion yuan in the first half of 2026.

Hong Kong Gold Exchange Sets Up Tech Subsidiary to Modernize Trading
HKGXTS will partner with Alibaba Cloud and Hundsun to prepare a unified clearing and tokenization-ready platform for 2027.

Chinese Battery Makers Expand Decarbonization Across Upstream Supply Chains
Leading manufacturers look beyond direct factory emissions to tackle the vast majority of carbon embedded in raw materials and components.

China's Machinery Industry Output Rose 6.4% in First Half as Exports Jumped 20%
Smart equipment manufacturing and automation drove sector-wide recovery alongside strong overseas shipments.

China's Silver E-Commerce Market Reaches 1.6 Trillion Yuan Amid Tech Push
New industry data highlights rapid demographic expansion and shifts toward senior-tailored digital services, healthcare, and cultural products.

China's Social Logistics Rises 5% to 214.5 Trillion Yuan in First Seven Months
High-tech manufacturing and rural e-commerce drive expansion, even as import growth slows and operating pressures linger.

China Records 35,000 New Foreign-Invested Firms in First Half of 2026
New registrations grew 7 percent year-on-year, driven by border provinces, consumer services, and Global South partnerships.

China's Manufacturing PMI Rebounds to 49.8% in August as Demand Improves
Key sub-indices for new orders and output returned to expansion territory, though small and medium-sized factories continue to lag.

Shanghai Listed Firms Report H1 2026 Earnings Growth Led by Tech and Manufacturing
Total net profits rose 17.6% year-on-year to 2.82 trillion yuan as STAR Market earnings surged and interim dividends topped 630 billion yuan.

Yangtze River Delta Trade Reaches Record 11.4 Trillion Yuan in Seven Months
High-tech manufacturing, automotive exports, and emerging markets drive 18.9% trade growth across China's eastern economic hub.