Business & Industry News
Latest business & industry news and updates
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.
China Connects World's First 16-Megawatt Tension Leg Floating Wind Platform
The Haiyou Anlan platform begins supplying clean electricity directly to offshore oilfields in eastern Guangdong.
Nongfu Spring Founder Zhong Shanshan Criticizes E-Commerce Platforms on State TV
Remarks by the beverage tycoon on CCTV reignite debate over platform power boundaries and traditional retail.
E-Commerce Platforms Emerge as Primary Debut Channels for New Drugs in China
Leading platforms hosted debuts for the vast majority of innovative medicines in 2025, bypassing lengthy hospital procurement cycles.
Haier and Yili Form Strategic Alliance for Smart Supply Chains and AI
The consumer goods and appliance giants aim to build intelligent cold chains, zero-carbon parks, and national manufacturing standards.
China's Safety and Emergency Equipment Sector Exceeds 1 Trillion Yuan
A newly released industry report highlights over 10% average annual growth and more than 5,000 specialized manufacturers nationwide.
Fujian's Shaxian District Standardizes Snack Supply Chains to Drive Growth
Local supply-chain integration and standardized store formats transform the iconic Fujian snack brand into an industrial cluster.
China's Gold Demand Tops 500 Tons in First Half as Investment Surges
Gold bar and coin purchases jumped 28.4% while jewelry sales fell steeply amid elevated prices and tax policy shifts.
Unitree Robotics Finalizes STAR Market IPO Pricing at 150.80 Yuan per Share
The Chinese robotics developer reports strong demand in its STAR Market offering, with institutional investors fully subscribing and underwriters absorbing minor retail forfeitures.
China Opens First 10-Million-Tonne Crude Pipeline of 15th Five-Year Period
The newly commissioned Lianyungang-Huai'an pipeline strengthens energy security and industrial crude delivery across Jiangsu and the Yangtze River Delta.