Business & Industry News
Latest business & industry news and updates
Beijing Reports 69.6% Surge in Utilized Foreign Capital in First Seven Months
Officials point to record export volumes and outline plans to harness AI and robotics for future trade expansion.
China's August Economic Data Shows Industrial Gains Amid Uneven Fixed Investment
Industrial output and high-tech manufacturing accelerated in August, while broader fixed-asset investment contracted over the first eight months.
China Moderates Crude Buying Amid Strait of Hormuz Supply Disruption
As global energy markets face supply strains, the world's largest oil importer avoids panic purchases, acting as a market buffer.
China Data Industry Scale Reached 6.78 Trillion Yuan in 2025, Official Data Show
Official figures presented at the 2026 Big Data Expo show steady expansion, with eastern provinces accounting for over three-quarters of industry value.
China August Cross-Border Inflows Rise as Forex Settlement Reaches $48.5B
Net cross-border receipts climbed 4 percent month on month to $62.4 billion, supported by robust goods trade and falling dividend remittances.
China Industrial Output Rose 5.2% in August Led by High-Tech Gains
Advanced equipment and robotics drove accelerated manufacturing, while retail sales expanded at a slower pace.
China Fixed-Asset Investment Drops 7.2% as Property Downturn Persists
Official data for January to August shows widespread contraction in capital expenditure, even as secondhand home sales and technology sectors post gains.
China's Industrial Output Grew 5.2% in August on High-Tech Surge
High-tech and equipment manufacturing led the rebound as overall factory output picked up from July.
China's Property Market Sees Sales Stabilise as Existing Home Transactions Rise
Official data reveals existing home turnover outpaced new builds through August as inventories fell and price drops slowed.
ICBC Reports 4.5% First-Half Profit Growth to 176.5 Billion Yuan
China's largest lender expanded assets to 57.07 trillion yuan in the first half of 2026 while lowering its non-performing loan ratio to 1.29%.
Gansu Section of Ultra-High-Voltage Power Line to Zhejiang Completed
The cross-country transmission project overcame its sole Yellow River crossing, keeping a 2027 commissioning target on track.
Construction of Second China-Mongolia Railway Surpasses Halfway Mark
The link connecting Gantsmod and Gashuunsukhait advances bilateral bulk freight capacity.