Business & Industry News
Latest business & industry news and updates

China Approves Eight Nuclear Reactors in 170 Billion Yuan Expansion
State Council approvals for four projects drive a surge in domestic energy stocks as Beijing accelerates deployment of its Hualong One 2.0 design.

HKEX Launches World's Sole Offshore 5-Year China Treasury Bond Futures
The RMB-denominated contracts aim to provide global institutional investors with a dedicated interest-rate hedging tool for China's 200-trillion-yuan bond market.

Din Tai Fung Closes Shanghai Store, Leaving 14 Outlets in Mainland China
The Taiwanese dining chain continues re-evaluating its Mainland footprint while shifting toward HQ direct management and fee-free store models.

Xinjiang-Chongqing UHV DC Line Delivers Over 30 Billion kWh to Southwest China
The Hami-to-Chongqing ultra-high voltage power corridor has achieved a major supply milestone during the peak summer demand period.

First Hualong One Nuclear Project in Greater Bay Area Fully Operational
CGN brings Unit 2 of Guangdong's Taipingling nuclear plant online, completing Phase I of the region's first Hualong One facility.

Guangming Daily Commentary Highlights Innovation Vitality in Mid-Year Data
Official commentary on China's mid-year economic report emphasizes technological innovation and high-end manufacturing as key growth drivers.

Pinduoduo Hires Over 3,000 Employees in Xiongan New Area Within Two Months
The e-commerce giant accelerates its recruitment drive in Hebei, establishing a major operational hub for data processing and manufacturing development.

China's 'Three New' Economy Grew 6.2% to Account for 18.39% of GDP in 2025
Data from the National Bureau of Statistics shows new industries, formats, and business models outpaced overall nominal GDP growth.

China Shipbuilding Orders Surge 105.2% in First Half of 2026 as Maritime Sector Gains
Strong demand for high-end green vessels pushes shipyard backlogs past 2029 as marine tourism also expands.

China’s Marine Economy Reaches 5.5 Trillion Yuan in First Half of Year
Gross ocean product grew 5.1% year-on-year in H1, outstripping national GDP growth and accounting for nearly 8% of total output.

China Accelerates Major Waterway and Port Infrastructure Projects to Boost Investment and Lower Logistics Costs
Expansions along the Yangtze River, the Pinglu Canal, and coastal container hubs aim to clear shipping bottlenecks and support trade growth.

ChangXin Tech Listing Highlights Hefei Ecosystem Model for State Capital
The DRAM maker's STAR Market debut showcases how local state capital built a semiconductor hub through long-term industrial support.