Business & Industry News
Latest business & industry news and updates

China's Industrial Profits Rise 17.6% in First Seven Months of 2026
Booming demand for AI infrastructure and semiconductors drives earnings, offsetting sharp downturns in automotive and steel sectors.

China's Electric Vehicle Charging Network Expands 43.2% to Reach 23 Million Units
Official data shows private and public charging infrastructure expanded rapidly in the first half of the year, with county-level coverage nearing 99 percent.

China Traces 13-Year Electric Vehicle Shift as Annual Sales Hit 16.49M
State media retrospective highlights a 930-fold sales surge since 2013, with NEVs making up nearly half of new domestic car sales by 2025.

China Expands Investment Fair with Delegations from 123 Countries
The 26th China International Fair for Investment and Trade relocates to a larger venue, highlighting green power, computing, and financial services.

JD.com 2025 Revenue Reaches 1.3 Trillion Yuan as Food Delivery Share Passes 15%
Strategic investments in instant retail and food delivery drove double-digit top-line growth while sharply reducing annual operating profit.

China's New Energy Storage Capacity Reaches 153 GW Amid Market Shift
Installed capacity rose 61% year-on-year by mid-2026 as grid utilization hours climbed and the sector prepared for market-based operation.

China Records 10.38 Trillion Yuan in New RMB Loans in First Seven Months
Central bank data shows steady corporate borrowing offsetting a contraction in household credit as aggregate financing growth moderates.

Shanghai Electric Issues China's First Corporate FTZ Offshore Bond
The 1.5 billion yuan green issuance marks the first corporate FTZ offshore bond and the first to list on the Hong Kong Stock Exchange.

China Foreign Trade Expands 17.3% in First Seven Months of the Year
Strong exports of tech equipment and green goods anchor trade growth amid rising global supply chain friction.

China's Electric Vehicle Charging Infrastructure Surges 43.2% to 23 Million Units
Expansion in private home chargers and rural county coverage drives rapid charging network growth in the first half of the year.

China Previews 26th CIFIT with Finland and Saudi Arabia as Guest Nations
The investment fair introduces dual guest nations, expanded financial zones, and bilateral dialogues to boost two-way investment.

Chinese Commercial Satellite Maker GalaxySpace Delivers First Spacecraft to Southeast Asia
GalaxySpace launched an Earth-observation CubeSat and ground telemetry package for Thailand's space agency GISTDA.