Business & Industry News
Latest business & industry news and updates
Chinese Local State Enterprises Report 7% Profit Growth in First Half
State asset regulators highlight expanding R&D spending, strategic industrial realignments, and regional collaboration across provincial SOEs.
Wang Yiming Sees Service Consumption Opportunities in 15th Five-Year Plan
Policy experts and city forums focus on service sector expansion ahead of China's upcoming five-year planning period.
China Stocks Diverge as Consumer and Auto Gains Cushion Technology Pullback
Memory chip and MLCC shares showed resilience while strong vehicle export numbers and consumer staples helped offset broader market declines.
China’s Auto Exporters Shift Focus Toward Full-Chain Service Ecosystems
Beyond vehicle shipments, Chinese automotive firms are exporting financing, fleet management, and charging infrastructure to deepen global operations.
Xiaomi Unveils Pengcheng Extended-Range SUVs With Pre-Orders From 259,900 RMB
The smartphone maker enters China's competitive EREV market with dedicated retail stores and self-developed hybrid architecture.
China Strengthens Power Supply Measures as Summer Peak Load Hits Record High
Regional grids deploy smart dispatch systems, infrastructure upgrades, and coordinated logistics to handle rising heat and expanding demand.
Shanghai Stock Exchange Hosts Roadshow in Switzerland for Listed Firms
Six high-quality companies presented core technologies and growth plans to European investors as part of a broader push for international engagement.
DHL Express Opens 1.2 Billion Yuan Shenzhen Super Hub to Boost Bay Area Exports
The expanded 22,000-square-meter facility at Shenzhen Bao'an International Airport triples daily handling capacity to 900 tonnes.
China Pig Prices Rise for Two Consecutive Weeks as Market Eyes Turning Point
Recent price increases prompt debate over a potential structural shift in the domestic pork market and the impact of 2026 capacity mandates.
Gas Turbine Prices Surge 300% in Three Years Amid Rising AI Demand
The expansion of data centers is straining energy infrastructure, leading to a significant spike in the cost of critical power generation equipment.
88 Shanghai-Listed Company Instances Win 2025 National Science Awards
The recognition of nearly 90 instances of Shanghai-listed firms highlights the growing role of public companies in China's 'Hard Tech' innovation strategy.
Geely Xingrui L Plus Becomes First Domestic ICE Model to Feature Lidar
The integration of high-end autonomous driving hardware into a traditional fuel vehicle marks a shift in China's automotive technology landscape.