Business & Industry News
Latest business & industry news and updates
Range Technology H1 Revenue Rises 50% as AI Computing Overtakes IDC
AI data center services generated over 53% of revenue in the first half of 2026 as the Chinese operator accelerates overseas expansion.
China M2 Supply Expands 7.5% in August as Credit Demand Moderates
Central bank data shows social financing growth slowed to 7.2% as slower bank lending offset strength in bond issuance.
China's Social Logistics Volume Rises 5.0% to 214.5 Trillion Yuan Through July
Steady expansion in nationwide goods circulation underscores underlying supply chain activity amid ongoing structural adjustments.
China's Data Industry Surpassed 6.78 Trillion Yuan in 2025
Official figures show rapid expansion in market size and dataset reserves, laying structural groundwork for artificial intelligence deployment.
Poly Developments Posts 135.1 Billion Yuan in Sales for First Half of 2026
State-backed developer concentrates investment in top-tier cities while pushing debt costs down to 2.61 percent.
Hunan Antimony Mine Deploys Robotics and Green Power in Cleanup
Centuries-old Xikuangshan automates smelting and restores vegetation coverage above 80 percent.
China Concludes 2026 CIFTIS With Over 1,200 Service Deals and Institutional Openness Push
The annual trade fair in Beijing highlights rapid expansion in digital and productive services as policymakers align trade rules with global standards.
Henan Villages Pivot to Specialized Industries to Drive Rural Incomes
Communities in central China replace mining and low-wage migration with agro-processing, tourism, and violin production.
Suzhou Starts Prismatic All-Solid-State Battery Pilot Project
A joint initiative by CAS researchers and local state-backed firms targets mass production within two years.
China's Pinglu Canal Conducts Full-Subject Night Navigation Trials
Testing aims to simulate round-the-clock operations for the key waterway linking the inland Xijiang river network to the Beibu Gulf.
Grid Expansion and AI Data Centers Drive Surge in China Transformer Sector
Strong domestic UHV tenders and climbing exports lift manufacturers as plants report order visibility reaching 2028.
Shiziyang Passage Marks Milestone as Record Double-Deck Truss Bridge Closes
Engineers join 11 giant prefabricated steel sections to complete the main structure of a key bridge across the Xiqiao Waterway.