Business & Industry News
Latest business & industry news and updates
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.
Reports Surface on Guangzhou Unicorn Listing Valuation Exceeding Xiaohongshu
Domestic media reports point to listing expectations for a Guangzhou enterprise with a reported 456 billion yuan valuation.
Maiji Milk Expansion Raises Questions Over Franchisee Execution Pace
A NetEase report questions whether franchisees can match the operational velocity of Chinese dairy brand Maiji Milk.
China Life Establishes 5 Billion Yuan Semiconductor Fund as Insurance Capital Steps Up
The state-owned insurer's new fund highlights the growing role of long-term insurance capital in supporting China's domestic chip industry.
Chinese Media Highlight the Role of Celebrity Economists in Bull Markets
A NetEase commentary titled 'Every Bull Market Needs a Ren Zeping' underscores how high-profile financial figures shape retail investor sentiment in China.
China Life Asset Management Buys Over 10 Billion Yuan of A-Shares in Single Day
The massive capital injection targets equity assets and "new quality productive forces" to support China's capital markets.
China Produces Over Half of Global Humanoid Robot Models, MIIT Reports
Official data for the first half of 2026 highlights rapid growth in advanced manufacturing, robotics, and high-tech exports.
Demingli Disclosures Raise Concerns After Significant Stock Price Growth
A high-performing storage module firm encounters a setback after its valuation surged more than 13 times.
Swiss Re Corporate Solutions to Close Jiangsu Branch, Exit Standardized Internet Insurance
The global reinsurer's direct insurance arm shifts focus toward specialized corporate risk management amid intensifying competition in China's retail market.
China’s Industrial Output Grows 5.3% in June Amid Steady Recovery
Value-added industrial output for major enterprises maintains growth momentum as the nation focuses on manufacturing upgrades.
China Reports 5.2% Growth in Per Capita Disposable Income for H1 2026
National average reaches 22,981 yuan as economic recovery efforts influence household earnings.