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New growth drivers power China's industrial profit surge

August 28, 2026 2026-08-28

China handled a record 2.8 billion railway passenger trips in the first seven months of 2026, the country's railway operator said Saturday.
August 15, 2026 2026-08-15
Macao's preliminary foreign exchange reserves stood at 243.1 billion patacas ($30.09 billion) at the end of July 2026, down 0.3% from the revised figure for the previous month, the Monetary Authority of Macao said Friday.
August 15, 2026 2026-08-15
China's current account surplus reached 1.33 trillion yuan in the second quarter of 2026, preliminary data from the State Administration of Foreign Exchange showed Friday.
August 15, 2026 2026-08-15
China's yuan-denominated loans rose by 10.38 trillion yuan (about $1.53 trillion) in the first seven months of 2026, central bank data showed Friday.
August 15, 2026 2026-08-15
China will expand a cross-border cash pooling pilot scheme nationwide, allowing more multinational companies to centrally manage their cross-border renminbi and foreign-currency funds, according to a notice issued Friday.
August 15, 2026 2026-08-15
Outstanding inclusive loans to small and micro enterprises reached 38.9 trillion yuan (about $5.73 trillion) at the end of the second quarter, up 8% year on year, according to the National Financial Regulatory Administration.
August 15, 2026 2026-08-15
U.S. President Donald Trump on Thursday signed a proclamation to impose tariffs ranging from 10 percent to 100 percent on imported drones and their components, citing national security concerns.
August 14, 2026 2026-08-14
China will continue to impose anti-dumping duties on imports of single-mode optical fiber originating from India for five more years starting Aug. 14, 2026, the Ministry of Commerce said on Thursday.
August 13, 2026 2026-08-13
Global index provider MSCI on Wednesday unveiled the results of its August 2026 index review, adding 33 Chinese companies, including Zhipu AI, to the MSCI China Index.
August 13, 2026 2026-08-13
The impasse over the Strait of Hormuz deepened as Iran said Tuesday that the key energy chokepoint will remain closed unless the United States "changes its behavior" and accepts Iran's conditions for ending the war.
August 13, 2026 2026-08-13
Each year, surging temperatures put China's power grid to the test at the height of summer. In recent weeks, sweltering heat and high humidity have gripped many megacities, driving electricity demand to record highs.
August 13, 2026 2026-08-13
China will strengthen financial support for key areas, including expanding domestic demand, promoting technological innovation and supporting small and micro enterprises, according to a report released by the People's Bank of China (PBOC) Wednesday.
August 13, 2026 2026-08-13
Latest data from Nanning Customs show Guangxi's trade with the Association of Southeast Asian Nations (ASEAN) reached 248.21 billion yuan (about 36.6 billion U.S. dollars) in the first seven months of 2026, up 2.5 percent year on year and a record for this period.
August 12, 2026 2026-08-12
Foreign financial institutions are finding a stronger investment case in China's hard-tech industries as breakthroughs in AI, semiconductors, and advanced manufacturing are driving more exports, higher earnings, and growing interest from global investors.
August 12, 2026 2026-08-12
China is set to launch the first international commercial route operated by its homegrown C919 aircraft on Wednesday, connecting Beijing with Ulaanbaatar, capital of Mongolia, according to Air China.
August 12, 2026 2026-08-12
Recently, the first robot 6S experience store in Qingdao opened, attracting a large number of consumers to visit and experience. This store integrates six major functions including sale, spare parts, service, survey, lease and personalized customization, helping further introducing robots into people's lives.
August 11, 2026 2026-08-11
A press conference and a series of promotional events for the 2026 China International Fair for Trade in Services (CIFTIS) were held at Shougang Park in Beijing on Monday. The fair is going to be staged in Beijing from Sept. 9 to 13.
August 11, 2026 2026-08-11
​The People's Bank of China (PBOC), China's central bank, has issued a reform and development plan for the 2026-2030 period, making work arrangements aimed at accelerating the building of a nation with a strong financial sector and improving the central banking system.
August 11, 2026 2026-08-11
​China's Ministry of Commerce issued a preliminary ruling in its anti-dumping probe into pecan imports from Mexico and the United States on Monday, finding that the products were dumped in the Chinese market and caused material injury to domestic producers.
August 11, 2026 2026-08-11
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