Business & Industry News
Latest business & industry news and updates

A-Share Earnings Forecasts Point to AI and Computing Surge
Mid-year corporate guidance highlights strong momentum in computing power and semiconductor supply chains across Chinese bourses.

CNOOC Fully Commissions Phase I of Bohai Sea Bozhong 19-6 Gas Field
The project delivers over 5,200 tons of daily oil and gas equivalent, boosting regional supply for the Bohai Rim.

Anhui Builds Specialized Industrial Clusters to Boost Regional Synergy
The inland province is promoting niche tech hubs and cross-regional industrial links to cultivate strategic emerging sectors.

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.