Business & Industry News
Latest business & industry news and updates
China Logistics Volume Up 5.1% in H1 as High-Tech Demand Accelerates
Total social logistics reached 181.1 trillion yuan in the first half of the year, driven by high-tech manufacturing and targeted transport investments.
China's Electricity Market Trading Up 24.2% in First Half of 2026 as Green Power and Daily Spot Trading Expand
Market trading reached 3.68 trillion kWh in H1 2026, supported by continuous daily market openings across 19 provinces and record cross-regional peak transmission.
China SOEs and Guangzhou Partner to Boost Embodied AI and Smart Manufacturing
Central state-owned enterprises align with Guangzhou's 20-billion-yuan fund and 194 trial scenarios to expand robotics and intelligent manufacturing.
China's 'Three New' Economy Reaches 18.39% of GDP in 2025, Data Shows
Output from new industries, emerging business formats, and innovative commercial models totaled 25.79 trillion yuan, outstripping overall nominal GDP growth.
China's Railways Carry 432 Million Trips in First Half of Summer Travel Rush
Newly opened high-speed rail routes and 357 specialized summer tourist trains helped drive domestic passenger travel in July.
China Leverages Local Industrial Strengths for High-Quality Growth
NDRC research officials and corporate leaders emphasize tailored tech upgrades across agriculture and advanced manufacturing.
China's Mega Shield Tunneling Machine Crosses Yangtze River for High-Speed Rail Project
The locally developed 'Linghang' TBM completes the underwater section of the Chongtai Yangtze River Tunnel, bringing high-speed rail closer to Chongming Island.
China's Coal Power Share Drops Below 50% for First Time in First Half of Year
Renewable generation surpassed 40% of total electricity production in the first six months, marking a structural milestone in China's energy shift.
China’s July Manufacturing PMI Slips on Seasonal Weakness as High-Tech and Summer Travel Boom
Extreme summer weather and off-peak production dragged factory activity into contraction, but high-tech sectors and seasonal tourism provided key growth highlights.
China's Cultural Enterprises Post 4.6% Revenue Growth in First Half of 2026
Official data from the National Bureau of Statistics highlights resilience in cultural services and emerging digital sectors despite mild contractions in manufacturing.
China's H1 2026 Social Logistics Volume Reaches 181.1 Trillion Yuan
National logistics expanded 5.1% year-on-year in the first half of 2026, remaining above 5% amid steady economic demand.
Musk Rejects China Exit Rumors as Tesla Deepens Domestic AI Partnerships
Reports of a potential separation of Tesla's Chinese business surfaced amid merger speculation, but localized AI deployments underscore its ongoing ties to the market.