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New growth drivers power China's industrial profit surge

August 28, 2026 2026-08-28

China's economy continued to demonstrate strong momentum in July, supported by industrial upgrading, digital and intelligent transformation, and robust foreign trade growth, said a National Bureau of Statistics official on Monday.
August 18, 2026 2026-08-18
Artificial intelligence (AI) is accelerating the shift to new growth drivers, with AI-related industries posting strong growth in July, a National Bureau of Statistics (NBS) spokesperson said at a Monday press conference.
August 18, 2026 2026-08-18
China is leveraging nationwide capabilities to forge a locally tailored but nationally coordinated AI industry landscape to generate fresh momentum for broader commercial deployment.
August 18, 2026 2026-08-18
​China's domestic oil and gas supply is expected to reach 440 million tonnes of oil equivalent by 2030 under a new five-year plan for the sector, the National Energy Administration (NEA) said on Monday.
August 18, 2026 2026-08-18
​Chinese robot maker Unitree Robotics will make its debut on the Shanghai Stock Exchange's sci-tech innovation board, or STAR Market, on Wednesday, the company said in an announcement filed with the bourse on Monday.
August 18, 2026 2026-08-18
​Chinese drone maker DJI on Monday welcomed a U.S. appeals court decision to reconsider its alleged ties to China's military, saying it expects to "set the record straight as the case moves forward."
August 18, 2026 2026-08-18
​China's central bank announced on Monday that it has added eight banks to its list of authorized institutions for digital yuan operations, in a step to promote the steady development of the digital currency.
August 18, 2026 2026-08-18
​Chinese automaker Geely Automobile Holdings Limited reported record-high sales and revenue growth in the first half of the year, according to its interim report released on Monday.
August 18, 2026 2026-08-18
​China's economy remained broadly stable in July despite external uncertainties and extreme weather, with new growth drivers gaining momentum and economic activity showing signs of continued structural improvement, official data showed on Monday.
August 18, 2026 2026-08-18
​China's fixed-asset investment dropped 6.7 percent year on year in the first seven months of 2026, official data showed Monday.
August 17, 2026 2026-08-17
China's total retail sales of goods and services, a major indicator of the country's consumption strength, increased by 2.6 percent year on year in the first seven months of 2026, official data showed on Monday.
August 17, 2026 2026-08-17
​China's 70 major cities generally saw narrowed year-on-year home price drops in July, adding to signs of stabilization of the property market, data from the National Bureau of Statistics showed on Monday.
August 18, 2026 2026-08-18
​China's job market has remained generally stable, with the surveyed urban unemployment rate averaging 5.2 percent in the first seven months of 2026, within the annual target, official data showed Monday.
August 17, 2026 2026-08-17
​China's value-added industrial output increased by 5.3 percent year on year in the first seven months of 2026, official data showed on Monday.
August 17, 2026 2026-08-17
​Major Chinese cities continued to register narrowed year-on-year declines in overall home prices in July, official data showed Monday.
August 17, 2026 2026-08-17
Inside the workshop, giant robotic arms swing back and forth, the 9,100-ton casting press rumbles like thunder and automated trolleys weave through the aisles. This is not the film set of a sci-fi blockbuster; it's a typical weekend scene at a car factory of Chinese tech giant Xiaomi in Beijing.
August 17, 2026 2026-08-17
​China has made steady progress on a number of key railway projects as investment in railway construction continued to expand in 2026, generating a notable driving effect and injecting fresh momentum into regional economic and social development, the national railway operator said on Monday.
August 17, 2026 2026-08-17
China is set to optimize its coal industry by 2030, focusing on cleaner and more efficient production to safeguard its baseload energy supply, a newly released government road map stated.
August 17, 2026 2026-08-17
​U.S. retail sales fell in July, pointing to softer consumer spending amid persistent price pressures and signs of a cooling labor market, according to data released Friday by the U.S. Commerce Department.
August 17, 2026 2026-08-17
China's implementation of zero-tariff treatment for exports from African countries is already driving growth in bilateral trade and creating new opportunities for Nigeria to accelerate industrialization and expand non-oil exports, participants at an international seminar said Friday.
August 16, 2026 2026-08-16
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