Business & Industry News
Latest business & industry news and updates

CICC Merger with Dongxing and Cinda Securities Secures CSRC Approval
Chinese regulators approve the absorption of two state-backed brokerages as trading halts ahead of permanent delistings.

China Commercial Bank Net Interest Margins Rise for First Time Since 2022
Regulatory data shows margins ticked up to 1.41 percent in the second quarter as deposit repricing eased liability pressures.

China Unveils Fresh Capital Injections for Major State Financial Firms
The Ministry of Finance and state partners plan to inject hundreds of billions of yuan into top banks and insurers.

World Robot Conference 2026 Shows Shift Toward Commercial Deployment
Buyers and manufacturers prioritize real-world reliability, aftermarket support, and export growth over laboratory benchmarks.

ICBC and Agricultural Bank of China Plan to Raise 260 Billion Yuan
The two state-owned commercial lenders intend to replenish their capital bases amid pressure on net interest margins and ongoing credit demands.

China's Grain Sector Output Tops 4 Trillion Yuan as Reserves Expand
Official data reveals rapid modernization across processing, storage, and regional branding as national output stays above 700 million tonnes.

China's High-Tech Foreign Investment Up 32.7% in January–July
Ministry of Commerce data shows tech industries accounted for over 40% of utilized foreign investment, led by Saudi Arabia and France.

China Expands Domestic Output of High-End Specialty Steel Varieties
Breakthroughs in material formulas and smart manufacturing support output for aerospace, offshore wind, and electronics.

Chinese and Global Experts Highlight Geothermal Energy Cooperation in Shanxi
An international geothermal forum in northern China highlights cross-border collaboration as a pivotal lever for advancing clean baseload power and industrial decarbonization.

Hundreds of Billions in Capital Flow into Chinese Equity ETFs in H2
Passive investment vehicles emerge as a primary conduit for institutional allocations into onshore A-shares.

China's Retail Sales of Goods and Services Rise 2.6% in First Seven Months
Service consumption and smart hardware outpace traditional merchandise as overall retail expansion remains modest.

Xi Calls for Deepened China-Russia Energy Ties at Vladivostok Forum
In a letter to the eighth bilateral energy forum, Xi emphasizes supply chain stability amid shifts in global markets.