Business & Industry News
Latest business & industry news and updates
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'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.
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.
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 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 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.
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.
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'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.
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.
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.
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.