Business & Industry News
Latest business & industry news and updates
China's Electricity Load Hits Record Highs Amid Summer Heatwaves and Industrial Growth
National power demand reached 1.553 billion kilowatts as high-tech manufacturing, electric vehicles, and data centers expanded first-half electricity consumption.
China Biopharma Advances Pipelines and Global Out-Licensing Transactions
National data and policy support highlight the sector's transition from follower-drug development to novel therapies, including ADCs.
China Exports World's Largest Single Batch of Green Ammonia to South Korea
SPIC ships 3,750 tonnes of wind- and solar-powered green ammonia from Jilin, establishing a commercial export channel to overseas markets.
China's High-Plateau C919 Variant Completes Maiden Test Flight
COMAC tests a modified version of its narrow-body jet designed specifically for high-altitude airport operations in China's challenging terrain.
Shiziyang Bridge Completes Hoisting of World's Largest Splay Saddles
The milestone marks the transition to main cable installation on China's landmark double-deck suspension bridge in the Greater Bay Area.
China H1 Logistics Tops 181 Trillion Yuan Amid High-Tech Structural Shift
Logistics volume growth outpaced overall GDP in the first half of the year, backed by strong demand in high-tech manufacturing, semiconductor imports, and green recycling.
Volkswagen Expands Autonomous Driving Collaboration with Horizon Robotics
The German automaker is adopting a white-box AI model licensing structure through its CARIZON joint venture to develop local self-driving systems in China.
China's June 2026 Industrial Energy Data Shows Power Growth and Refinery Slowdown
National Bureau of Statistics figures reveal rising power generation and natural gas output alongside sharper contractions in coal production and crude oil processing.
China H1 2026 Household Income Rises 5.2% as Rural Gains Outpace Urban
Official statistics show steady wage growth and expanding rural income, though consumption expenditure growth continues to lag behind income gains.
China Industrial Output Growth Accelerates to 5.3% Year-on-Year in June 2026
Manufacturing and high-tech equipment drive a 0.8 percentage point uptick from May, offsetting drag from mining and raw materials.
China's H1 2026 Retail Sales Rise 1.3% as Rural and Online Growth Outpace Urban Retail
Official data shows modest consumer spending growth in the first half of 2026, with automobile sales weighing on overall retail performance.
China Industrial Raw Material Prices Show Moderate Gains in Mid-July 2026
National Bureau of Statistics data shows 26 of 50 monitored production materials posted price increases compared to early July.