Business--China Economic Net

Even in the blazing summer heat of Urumqi in northwest China's Xinjiang Uygur Autonomous Region, workers at a residential project are kept surprisingly cool by a "residential building machine" whose giant canopy shades the entire construction area.

China eyes modern coal industry by 2030 for secure, green energy mix2026-08-12
China aims to establish a modern coal industry system by 2030 as the country seeks to balance energy security with green transition, according to a recently issued development plan.

Foreign financial institutions bullish on China's hard-tech growth momentum2026-08-12
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.

China's premier digital publishing expo to debut cultural gaming section2026-08-11
China's premier digital publishing expo will open in late August, featuring for the first time an exhibition area highlighting the integration of traditional Chinese culture and online games.

China central bank reform plan targets high-level financial opening-up2026-08-11
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.

CXMT's inclusion in key index highlights China's appeal to global investors2026-08-11
China's leading memory chipmaker, ChangXin Memory Technologies (CXMT), was officially added to the MSCI China All Shares Index on Monday, just two weeks after its blockbuster debut on Shanghai's STAR Market.

China's robot maker Unitree opens IPO subscription after strong preliminary demand2026-08-10
Chinese robot maker Unitree Robotics on Monday opened subscriptions for its initial public offering (IPO) on the Shanghai Stock Exchange's sci-tech innovation board, or STAR Market, following a preliminary offline price inquiry that indicated strong investor demand.

China's services gain traction among global consumers2026-08-09
Heatwaves sweeping across Europe this summer have made air conditioners a hot commodity. For many European consumers, however, the challenge was not only purchasing a cooling device, but also having it delivered and installed quickly.

Austrian machine tool maker gears up for annual China import expo2026-08-09
Exhibit products from WFL Millturn Technologies in Linz, Austria, began their journey to Shanghai on Friday, marking the shipment of the first batch of exhibits for the 9th China International Import Expo (CIIE) this year.

High-frequency data signals steady improvement in China's economy in July2026-08-09
China's economy showed steady improvement across multiple sectors in July, with offline consumption growing steadily, the investment structure improving, and innovation remaining robust, high-frequency data from the State Information Center (SIC) showed Saturday.

Chinese economy sees new growth momentum via manufacturing upgrade2026-08-09
Recently, Hengli Heavy Industry signed contracts for building six very large ammonia carriers with three international shipowners, marking its new expansion in the gas carrier segment.

Beyond the "overcapacity" narrative: China's industrial rise in perspective2026-08-09
As China continues to upgrade its manufacturing base and scale up production in sectors ranging from electric vehicles to renewable energy equipment, some Western countries once again revived claims of Chinese "overcapacity" to justify new tariffs and investment restrictions.

Beijing eases home purchase limits, raises provident fund loan caps2026-08-08
Beijing on Friday introduced a package of measures, including easing housing purchase restrictions for non-local families and increasing housing provident fund loan limits, in a bid to stabilize the property market and better meet residents' housing consumption needs.

Innovation-driven exports power China's foreign trade growth in July2026-08-08
China's foreign trade sustained steady growth momentum in July, buoyed by robust exports of innovative and high-tech products, data from the General Administration of Customs (GAC) showed on Friday.

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Europe’s Car Crisis Goes Beyond China

Europe’s automotive problems are increasingly structural. Tariffs might slow the arrival of Chinese-made cars, but they cannot make an expensive factory competitive, restore lost technological ground or create demand that is no longer there.