Business & Industry News
Latest business & industry news and updates

China's Logistics Index Rises to 50.9% in August as Demand Expands
A month-on-month rebound of 0.5 percentage points keeps the nationwide supply chain benchmark in expansionary territory.

China's Import Growth Outpaces Exports for Sixth Straight Month
Customs data shows total trade reached 34.78 trillion yuan in the first eight months, driven by industrial upgrading and market opening.

Airbus Forecasts China Will Require Over 8,800 New Passenger Jets by 2045
European planemaker projects China will account for more than a fifth of global commercial deliveries as regional demand expands.

London Metal Exchange to Launch Shanghai Hot-Rolled Coil Contract on Oct. 27
The new ferrous futures listing links overseas commodities trading directly with Chinese steel benchmark pricing.

From Skepticism to Scale: How BYD Emerged as Tesla's Chief Global Rival
Years after Elon Musk dismissed its vehicles, the Chinese automaker's vertical integration and R&D spending have rewritten electric vehicle dynamics.

China to Inject 35 Billion Yuan into State-Owned China Life Insurance
Capital funded through special treasury bonds aims to bolster the flagship insurer's underwriting capacity and solvency.

China Regulates Driver-Assist Marketing as Smart Vehicle Penetration Surges
As L2 driver-assist penetration hits 70% in new cars, Beijing enforces stricter nomenclature rules alongside rapid supplier scaling.

Chinese Experts Urge Shift from Hardware to Data in Smart Eldercare
Industry leaders at a Dalian conference warn that breaking data silos and fixing payment mechanisms are vital for the silver economy.

China's Manufacturing PMI Edges Back Into Expansion at 50.1% for September
Official factory activity nudges over the 50-point threshold as production accelerates, though smaller firms and employment remain subdued.

China Foreign Trade Rose 17.6% in First Eight Months as Imports Surged
Customs data shows total trade reached 34.78 trillion yuan, driven by resilient machinery exports and rapid import growth.

Shanghai Stock Exchange Hosts China-Saudi Listed Company Roadshow
The exchange brought together roughly 40 enterprises and 40 institutional investors from both nations to facilitate cross-border capital ties.

Pinglu Canal Completes First Trial Voyage for Foreign Trade Cargo Vessel
A full-factor navigation drill tests channel conditions and customs procedures along southwestern China's new inland-to-sea waterway.