BUSINESS
  • Chinese autonomous taxi technology enters European markets

    Chinese autonomous taxi technology enters European markets

    Chinese autonomous driving companies are expanding their presence in Europe through partnerships with local mobility platforms, fleet operators and automakers, amid efforts by European governments to enable testing and future commercial deployment.

    2026-08-10 17:07:36
  • China’s ‘Nvidia alternative’ Moore Threads posts 147.42% growth in H1 revenue, amid GPU sector’s expansion

    Chinese chipmaker Moore Threads, often described as "China's Nvidia" or "Nvidia alternative," reported fast revenue growth in the first half of 2026, which exceeded its entire 2025 full-year figure. The growth accompanied other domestic graphics processing unit (GPU) companies' gains, marking a clear shift toward profitability.

    2026-08-10 09:01:52
  • German exports to China fall over 12% in H1 as industrial upgrading reshapes trade structure; cooperation remains vital: expert

    German exports to China fell year-on-year in the first half of 2026, pointing to a deeper restructuring of bilateral trade as China moves up the manufacturing value chain, Chinese analysts said. They also cautioned that the decline should not be read as diminishing China's importance to German businesses, given the deep economic ties and the continued benefits of cooperation for both sides.

    2026-08-10 08:57:06
  • Unitree Robotics IPO sparks investor frenzy as policy support fuels capital rush, with sector’s future value tied to continued commercialization

    With just one day to go before Chinese humanoid robotics pioneer Unitree Robotics opens subscriptions for its initial public offering (IPO) on Shanghai's STAR Market, investor attention has extended far beyond the company itself, highlighting a broader capital-market rush into embodied intelligence as the sector moves from technological breakthroughs toward commercialization.

    2026-08-10 08:54:06
  • China’s foreign trade expands 17.3% in first seven months; innovation becomes new growth driver

    China's goods trade imports and exports sustained a sound growth momentum in the first seven months, with the total value reaching 30.13 trillion yuan ($4.46 trillion) of 2026, up 17.3 percent year-on-year, extending sound growth trend. The deep integration of tech and industrial innovation is being steadily translated into new competitive strengths and fresh growth drivers for foreign trade, official data showed on Friday.

    2026-08-07 21:44:44
  • Eight major polysilicon producers in China pledge to avoid below-cost sales amid ‘anti-involution’ push

    Eight Chinese leading polysilicon producers have issued public pledges to stop selling solar products below a cost benchmark, in a fresh industry effort to curb "involution-style" competition and support healthier pricing in the country's photovoltaic supply chain, the Shanghai Securities Journal reported on Friday.

    2026-08-07 21:35:38
  • China’s Unitree Robotics kicks off STAR Market IPO pricing; valuation may top 109b yuan

    China’s Unitree Robotics kicks off STAR Market IPO pricing; valuation may top 109b yuan

    Chinese robot maker Unitree Robotics began preliminary price inquiries on Wednesday for its planned IPO on the Shanghai Stock Exchange's STAR Market. Investment banks estimate its post-listing valuation could exceed 40 billion yuan ($5.9 billion), while CCB International sees it being re-rated to 60 billion yuan to 100 billion yuan, with an optimistic target of 109 billion yuan.

    2026-08-06 09:46:05
  • China’s newest Antarctic station achieves green energy breakthrough as 50% power supplied by renewables during polar night: station director

    China’s newest Antarctic station achieves green energy breakthrough as 50% power supplied by renewables during polar night: station director

    China's Qinling Station, the country's newest Antarctica outpost, has achieved a major breakthrough in green energy use, with renewable energy accounting for around 50 percent of its electricity supply even during the harsh polar night, Wang Tao, head of the station, told the Global Times on Tuesday.

    2026-08-06 09:42:00
  • Weifang expands high-end manufacturing export portfolio by adding new product category

    Weifang expands high-end manufacturing export portfolio by adding new product category

    A cargo vessel carrying 1,500 tonnes of high-purity pig iron recently departed from Weifang Port of Shandong Port for Soma Port in Japan. As the first export shipment of this high-end metallurgical material produced in Shouguang, it marks a new breakthrough in Weifang’s efforts to bring its high-end manufactured products to international markets.

    2026-08-04 15:46:23
  • China targets 50-pct non-fossil power generation by 2030

    China aims to raise the share of its electricity generated from non-fossil energy sources to 50 percent by 2030, according to a newly released national plan outlining the country's power sector development for the 2026-2030 period.

    2026-08-04 10:59:58
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