Business & Industry News
Latest business & industry news and updates

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.

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.