Business--China Economic Net

Trade volume between China and Russia has surged 19.7 percent year on year to reach 85.2 billion U.S. dollars during the January-April period, marking a good start to this year, the Ministry of Commerce (MOC) said Thursday.

China's invoice data shows sales surge in AI-related sectors in first four months2026-05-19
Chinese enterprises posted considerable growth in sales revenue in the first four months of 2026, with those involved in the artificial intelligence (AI) industry posting particularly strong growth, according to the invoice data released on Tuesday by China's State Taxation Administration.

China accelerates AI application in healthcare2026-05-19
Within seconds, an AI-powered "smart brain" at the West China Hospital of Stomatology can diagnose over 30 common dental diseases. It even generates "visualized" diagnostic charts to help patients better understand their conditions.

China's industrial output up 5.6 pct in first four months2026-05-18
China's value-added industrial output increased by 5.6 percent year on year in the first four months of 2026, official data showed on Monday.

China to optimize departure tax refunds to boost inbound consumption2026-05-18
China on Monday issued a notice to further optimize departure tax refund measures and expand inbound consumption, outlining eight specific measures including wider coverage of tax refund stores, a random inspection system for small-value tax refund applications, and improved "instant tax refund upon purchase" services.

China reports current account surplus in Q12026-05-16
China's current account surplus was 184.1 billion U.S. dollars in the first quarter (Q1) of the year, preliminary data of the balance of payments showed on Friday.

Macao foreign exchange reserves fall 3.9 pct in April2026-05-16
The foreign exchange reserves of the Macao Special Administrative Region totaled 232.8 billion patacas at the end of April 2026, down 3.9 percent from the previous month, the Monetary Authority of Macao said on Friday.

China's railway trips climb 6.8 pct in first four months2026-05-16
China saw steady growth in railway passenger trips in the first four months of the year, with increases in both passenger volume and service quality, according to China State Railway Group Co., Ltd. (China Railway).

High-quality development of China's service sector to boost industry, benefit people2026-05-15
The development of the service sector is not only a trend-driven choice but also what aligns with industry demands and public aspirations, a Chinese official said.

China to expand services opening-up, deepen int'l cooperation2026-05-15
China will further expand opening-up in the services sector and broaden development opportunities through international cooperation as the industry becomes an increasingly important focus of the country's high-quality development, according to experts.

China's auto sector powers high-quality transformation amid global cooperation2026-05-14
China's auto industry is accelerating its green and high-quality transformation, powered by the rapid growth of new-energy vehicles (NEVs), which signaled a structural shift by accounting for more than half of China's monthly car sales in April.

China's railway investment up 3.2 pct in first four months2026-05-14
China's railway construction made steady progress in the first four months of 2026, with fixed-asset investment expanding 3.2 percent year on year, according to the country's railway operator.

What to know about ever-deepening China-Arab cooperation?2026-05-13
This year marks the 70th anniversary of diplomatic relations between China and Arab states, with bilateral practical cooperation in such fields as energy, digital economy, aerospace and culture continuously yielding fruitful results.

Chinese social media giant steps up investment in micro-drama industry2026-05-13
Douyin Group, operator of the popular Chinese social media platform Douyin under ByteDance, plans to increase investment in live-action micro-dramas, an executive with the group said at a micro-drama industry summit held in Changsha, central China's Hunan Province.

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