Business & Industry News
Latest business & industry news and updates

Guangdong Banks Introduce Token Loans Using AI Computing Data for Credit
New lending products in Guangdong evaluate token consumption and compute contracts to provide credit lines to asset-light AI startups.

Pinglu Canal Completes 104-Bridge Engineering Drive Ahead of Opening
The reconstruction of 27 cross-channel spans removes clearance bottlenecks for 5,000-tonne vessels ahead of scheduled navigation.

China Excavator Exports Surpass Domestic Sales in First Eight Months
Outbound shipments rose 31.8 percent year-on-year, propelled by mining demand in developing markets and restocking in the West.

China Previews Fifth Global Digital Trade Expo with AI Focus in Hangzhou
The upcoming event highlights cross-border data flows, international procurement, and over one-third AI participation.

China Promotes Upgraded Hualong One 2.0 Nuclear Reactor to Global Market
CGN unveils an upgraded Generation III+ design offering reduced equipment footprints, higher automation, and fully domestic key components.

Xi'an-Ankang High-Speed Railway Opens, Cutting Travel Time to Under an Hour
The 171-kilometer mountain line completes the core north-south axis of Shaanxi's high-speed rail network.

China's Industrial Profits Rose 15.7% in First Eight Months of 2026
High-tech manufacturing and electronics led overall expansion, offsetting sharp contractions in traditional heavy industries and automotive manufacturing.

China Opens Four High-Speed Rail Lines as Wuhan-Chongqing Transit Time Drops
New railway openings expand regional connectivity across central and western corridors ahead of holiday travel.

Shanghai Pudong Airport Ranks First in Asia-Pacific Connectivity
An ACI report highlights Pudong's rapid network expansion, buoyed by widened visa-free access and transit growth.

China's 72.7-Billion-Yuan Pinglu Canal Set to Open for Navigation on Sept. 16
The 134-kilometer waterway in Guangxi will provide southwestern inland regions with direct river-to-sea shipping access.

WorldSkills Closes as Chinese Equipment and Training Gain Ground
The 48th WorldSkills Competition highlights China's expanding role in vocational training systems and industrial hardware.

Chinese EV Makers Post Solid August Sales Despite Policy Subsidy Phaseout
Deliveries rose as fiscal perks narrowed, signaling that market demand and supply-chain efficiency increasingly drive sector expansion.