Business & Industry News
Latest business & industry news and updates
Unitree Technology Market Value Drops Over 20 Billion Yuan Post-IPO
A single-day market correction wipes out over 20 billion yuan in valuation for Chinese robotics firm Unitree following its public listing.
Shanghai Changxing Island Targets 120 Billion Yuan Shipbuilding Sector by 2027
The maritime manufacturing hub expands high-value vessel output as Hudong-Zhonghua holds LNG orders through 2031.
Foreign Inbound Tourism Rises in China as Viral Trend Drives Spending
Relaxed visa policies and demand for tech and bespoke culture fuel a 20.4% rise in foreign arrivals in early 2026.
China Industrial Material Prices Diverge in Early August as Steel Softens
Official data reveals 31 of 50 tracked commodities fell in early August, with ferrous metals sliding while copper and aluminum advanced.
China's Summer Wheat Procurement Exceeds 90 Million Tons Amid Peak Season
Authorities activate minimum purchase price schemes across key agricultural provinces to stabilize grain markets and protect farmer incomes.
China Launches 18.5-Million-Ton Crude Pipeline in Eastern Energy Grid Expansion
The Lianyungang-Huaian pipeline section links coastal import facilities to key refining hubs along the Yangtze River.
Three Gorges Hub Throughput Reaches 100 Million Tons by Mid-August
Vessel traffic along the Yangtze River reaches key milestone as ship lock and lift operations maintain steady freight flow.
China Expands EV Highway Network as Service Area Charger Count Reaches 85,400
Charging infrastructure now covers over 98 percent of highway service areas as vehicle-grid integration advances.
Shanghai Issues First Corporate Free Trade Zone Offshore Bond
The transaction establishes a dual-market path to Hong Kong while setting a record volume for the asset class.
China New Energy Vehicles Cross 50 Percent Cumulative Sales Milestone
Monthly NEV penetration topped 60 percent in July as domestic infrastructure and overseas shipments expand.
China's Online Retail Sales Grew 4.8% in First Seven Months of the Year
Digital consumption accounted for over half of total retail expansion as online travel and local lifestyle services saw double-digit growth.
Southern Agronomists Bring New Crop and Soil Models to Northeast Saline Land
Researchers and farmers from southern China are testing specialized crops and soil conditioning techniques in Jilin.