Business & Industry News

Latest business & industry news and updates

Burbo Offshore Wind Farm, Crosby
Business & Industry

Asia's First Flexible DC Offshore Wind Project Surpasses 10 Billion kWh

The milestone validates the long-term reliability of high-voltage flexible direct current technology for deep-water offshore power transmission.

China News ServiceAug 12, 2026, 06:21 AM
#Offshore Wind#Renewable Energy#China Energy
Stunning urban skyline at night with illuminated skyscrapers and bustling city lights.
Business & Industry

China's Major Internet Enterprises Report 10.1% Revenue Growth in H1

Revenue reached 1.07 trillion yuan while profit growth accelerated to 16.6%, according to Ministry of Industry and Information Technology data.

State Council of ChinaAug 12, 2026, 06:21 AM
#China Economy#Internet Sector#MIIT
Vibrant Shanghai skyline featuring the iconic Oriental Pearl Tower and modern skyscrapers.
Business & Industry

China's Tax Relief Exceeds 1.9 Trillion Yuan in H1 to Boost High-Tech and Manufacturing Growth

Tax data from the State Taxation Administration shows accelerating digital transformation and strong growth in smart vehicles, drones, and robotics.

State Council of ChinaAug 12, 2026, 12:51 AM
#China Economy#Tax Policy#Manufacturing
Hainan NASA Terra MODIS 2020-11-13
Business & Industry

Hainan Offshore Duty-Free Sales Reach 21.6 Billion Yuan in First Seven Months

Duty-free spending in China's island province rose 17.9% year-on-year, signaling sustained recovery in domestic tourism consumption.

China News ServiceAug 11, 2026, 08:51 PM
#Hainan#Duty-Free#Retail
Close-up of a courier delivering a parcel with USPS express mail label outdoors.
Business & Industry

China July E-Commerce Logistics Index Edges Down to 111.2 Points Amid Seasonal Dip

Both total and rural order volumes grew over 20% year-on-year despite a slight month-on-month drop following major mid-year shopping festivals.

China News ServiceAug 11, 2026, 04:51 AM
#China Economy#E-Commerce#Logistics
Stunning rural landscape with rolled hay bales under a blue sky, near La Roche-Guyon, France.
Business & Industry

China Reaches Record Summer Grain Output Amid Modernization Push

National summer grain production exceeded 300 billion jin for the first time, driven by technology integration and emergency disaster response.

People's DailyAug 10, 2026, 11:21 PM
#Agriculture#Food Security#China Economy
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A vibrant view of Hong Kong's bustling shipping port with red cranes and stacked containers.
Business & Industry

China's Logistics Performance Index Reaches 50.4% in July as Demand Continues to Grow

New orders rose for a fifth consecutive month, supported by summer consumer demand and steady industrial manufacturing activity.

State Council of ChinaAug 10, 2026, 11:51 AM
#China Economy#Logistics#Supply Chain
Detailed image of a computer motherboard highlighting an Intel chip with surrounding components.
Business & Industry

Capital Marathon: Long-Term Financing Drives ChangXin Technology Listing

Reports highlight how multi-year capital commitment supported the domestic memory chip maker's listing process.

China News ServiceAug 9, 2026, 07:21 PM
#Semiconductors#Capital Markets#ChangXin Technology
Man transporting goods on a tricycle in Shanghai, showcasing urban life and commerce.
Business & Industry

China's Gross Ocean Product Reaches 5.5 Trillion Yuan in First Half of Year

China's marine economy grew 5.1% year-on-year, driven by expanding offshore energy, strong shipbuilding orders, and emerging tech sectors.

People's DailyAug 9, 2026, 09:21 AM
#China Economy#Marine Industry#Energy
Colorful urban night scene showcasing a brightly lit bridge and modern city skyline reflecting on water.
Business & Industry

China’s Financial Leasing Assets Reach 5.23 Trillion Yuan as Tech Surges

Growth in computing power and energy storage leasing propelled total industry assets up 7.89% by late 2025, according to official report data.

People's DailyAug 9, 2026, 08:51 AM
#Financial Leasing#China Economy#Computing Power
A bustling night market scene filled with people and colorful neon signage, capturing urban nightlife energy.
Business & Industry

China's Factory-Gate PPI Rose 3.5% in July 2026 as Monthly Growth Eased

Upstream production costs remained elevated year-on-year, but month-on-month declines point to cooling industrial input pressures.

Securities TimesAug 9, 2026, 05:51 AM
#China Economy#Producer Price Index#Manufacturing
Close-up of an Air China passenger plane flying against a clear blue sky, showcasing aviation dynamics.
Business & Industry

China's CS35 Turboshaft Engine Completes Maiden Flight on Qizhi-5 UAV

The 350 kW domestic engine powered a 1.5-ton tiltrotor drone, marking a key milestone for China's low-altitude aviation supply chain.

China News ServiceAug 9, 2026, 12:51 AM
#Aviation#Drones#China