Business & Industry News
Latest business & industry news and updates
Hainan Starts Commercial Operation of Its First Hualong One Nuclear Reactor
China Huaneng's Changjiang Phase II Unit 3 adds 1.2 gigawatts of capacity with a 98.1 percent domestic equipment rate.
Margin Pressures Diverge as 42 Chinese Listed Banks Conclude Interim Reporting
Mid-year filings from all 42 mainland-listed commercial lenders highlight uneven net interest margin trends and performance trajectories.
China Semiconductor Tool Sector Profit Up 90% as Divergence Widens
First-half net profits in semiconductor equipment surged over 90 percent, though performance reflects growing structural divergence across the industry.
China's New Economic Drivers Grew 12.5% in 2025, Statistical Bureau Says
Official indices show accelerated industrial upgrading and innovation, offsetting broader structural headwinds.
Airbus Delivers First Aircraft from Second Assembly Line in Tianjin
The delivery to China Eastern Airlines expands the planemaker's dual-line footprint as it aims for a monthly global rate of 75 jets by 2027.
Tahe County Advances Cold-Climate Soybean Breeding at 53 Degrees North
Agricultural researchers in Heilongjiang reach high-latitude milestones to expand ultra-early-maturing soybean cultivation.
Chinese Energy Storage Firms Report Robust Growth on AI Data Centers and Global Demand
First-half 2026 corporate earnings indicate recovery across China's energy storage supply chain, driven by artificial intelligence infrastructure and overseas project wins.
China Concludes Summer Grain Drive With Wheat Procurement Hitting 100M Tonnes
Official figures show steady summer purchases as authorities prepare for autumn grain intake projected at 350 million tonnes.
China's August Indicators Show Industrial Growth Amid Investment Drop
High-tech manufacturing and foreign trade expanded, but nationwide fixed asset investment contracted 7.2 percent through August.
China Opens 70-Billion-Yuan Pinglu Canal to Connect Inland South to Sea
The 134-kilometer waterway cuts shipping distances to the Beibu Gulf, aiming to lower bulk logistics costs and expand Southwestern trade routes.
Central and Western China Export Growth Outpaces Coastal Provinces
High-tech manufacturing, automotive shipments, and intermediate goods drive interior provinces to a 16.4% export increase in the first half of the year.
China Reports Shift Toward High-Tech Inflows as Foreign Investment Composition Evolves
High-tech sectors accounted for over 41 percent of foreign direct investment in the first seven months of the year, Ministry of Commerce data shows.