Business & Industry News
Latest business & industry news and updates

China Launches First Cross-Border Sea-Rail-Highway Single-Ticket Train
The new multimodal transport route connects South Korea to Kyrgyzstan via China, cutting transit times by nearly 30 percent.

NetEase Financial Headline Promotes Market Sector Reversal Claims
A headline on Chinese media portal NetEase promises major sector gains, highlighting retail-facing financial media practices.

Developer Tactics Exposed as Advertised Usable Floor Ratios Reach 150 Percent
Chinese real estate developers face growing scrutiny over non-compliant space expansions used to boost usable floor area ratios.

Chinese Chip Packaging Giants Lead Tech Rally Amid Semiconductor Market Shifts
Major semiconductor packaging and testing firms including JCET and Tongfu Microelectronics draw market attention as tech stocks show signs of recovery.

Chinese Court Orders Kangmei Pharmaceutical Founders to Pay Nearly 1.4 Billion Yuan
Ma Xingtian and his wife face massive compensation liabilities as authorities target key perpetrators in landmark corporate fraud case.

A-Share Listed Firm Reports Headline Earnings Growth Exceeding 1,197%
Preliminary reporting spotlights dramatic performance growth, underscoring investor focus on Chinese earnings pre-announcements.

Xi'an Smart Manufacturing Tour Highlights Shaanxi Industrial Upgrades
Smart factories and 5G IoT adoption in Xi'an showcase how data and computing power are transforming traditional manufacturing in western China.

China's Robot Exports Surge as Domestic Manufacturers Expand Global Reach
Driven by industrial, surgical, and bionic models, Chinese robot exports grew across major manufacturing hubs as official customs categories took effect.

China's Industrial Output Increased 5.4% in First Half of 2026
Smart manufacturing, AI adoption, and high-tech exports supported industrial expansion as Beijing prepares for its 15th Five-Year Plan.

China's Service Retail Outpaces Goods Growth as Sector Reaches 59.5% of GDP
Official data shows service retail grew 5.3% in the first half of 2026, driven by cultural tourism, digital commerce, and visa-free travel.

European Tourists Drive Surge in China Inbound Travel for Summer Season
Flight bookings from Finland and Greece spike as Shenzhen Airport records historic high in foreign passenger traffic.

China's Construction Machinery Sector Reports Strong Growth in H1 2026
Rising exports and a surge in electric equipment sales drive robust performance for key industrial players.