Business & Industry News
Latest business & industry news and updates
China's Logistics Prosperity Index Holds in Expansion as Orders Rise
The country's logistics index reached 50.4 percent in July, supported by multimodal transport and a fifth consecutive monthly rise in new orders.
China's Pharma Sector Sees Surge in Drug Approvals and Out-Licensing in H1
Domestic developers accounted for over 80% of new innovative drug approvals as overseas licensing deals hit $110 billion.
China Light Industry Revenue Hits 11.2 Trillion Yuan in First Half
Value-added industrial output rose 5 percent year on year as trade-in incentives lifted domestic sales and exports expanded.
China's Major Ports Post 56.4% Rise in Departing Cargo Vessel DWT in July
Port deadweight tonnage expanded sharply in July, signaling strong outbound freight demand across key shipping hubs.
Chinese Industrial Manufacturers Repurpose Infrastructure for Energy Storage
Heavy industries and equipment makers are adopting molten salt and compressed air systems to absorb renewable power and stabilize grids.
China's Machinery Sector Posts 6.4% Growth in First-Half Value Added
Surging green equipment production and expanding foreign trade drove industrial performance in the first six months.
China's Foreign Goods Trade Expands 17.3% to 30.13 Trillion Yuan in First Seven Months
Strong demand for mechanical and electrical products alongside expanding trade with ASEAN drove double-digit import and export growth through July.
China Railway Passenger Trips Hit 2.8 Billion in First Seven Months
Expanded rail capacity and visa-free policies drive record passenger numbers and surges in foreign and cross-border travel.
Shanghai Records Over 5.31 Million Overseas Visitor Arrivals in First Half
Municipal data reflects a sustained rebound in inbound travel as visa-free policies and payment facilitation take effect.
China's National Power Peak Load Hits Fourth Record High This Summer
National peak load reaches 1.557 billion kilowatts driven by high summer temperatures and expanding electricity demand across industries.
Chinese State Media Rejects Link Between Trade Surpluses and Industrial Overcapacity
A commentary argues that trade imbalances reflect macroeconomic saving-investment dynamics rather than industrial overcapacity.
China Parcel Delivery Volume Expands 4.2% in First Seven Months
Inter-city shipments lead growth as total postal deliveries reach 127.44 billion items, while local parcel traffic contracts.