Business


Shanghai Telecom, Huawei launch nation-leading 5G-A network - August 05, 2026

Shanghai Telecom and Huawei have launched a large-scale 5G-A network across Shanghai to support high-demand public venues and next-generation AI applications.


China's SAIC Motor signs joint venture renewal agreement with GM - August 05, 2026

Chinese automaker SAIC Motor and General Motors (GM) on Wednesday announced a 20-year extension of their joint venture partnership to 2047.


Shanghai to host International Biopharma Week amid growing China support for sector - August 05, 2026

Shanghai will host the International Biopharma Industry Week 2026 from September 17 to 20, gathering companies, investors and researchers to discuss drug innovation and partnerships.


China’s WuXi AppTec hits limit up as first-half profit soars 29% to record USD1.6 billion - August 04, 2026

Shares in WuXi AppTec surged by the exchange-imposed limit in Shanghai on August 4 after the Chinese biotech firm posted a 29.4 percent jump in net profit in the first six months from a year earlier, surpassing CNY10 billion (USD1.5 billion) for the first time to reach CNY11.08 billion (USD1.6 billion).


Shanghai-listed firms ramp Uup share buybacks, stake purchases in July - August 04, 2026

Shanghai-listed companies unveiled a record number of share buyback and major shareholder stake increase plans in July as market volatility intensified, underscoring growing confidence among listed firms and industrial investors despite weaker equity markets.


Gaming expo ChinaJoy draws record crowd this year - August 04, 2026

The 23rd China Digital Entertainment Expo and Conference, better known as ChinaJoy, has attracted a record number of visitors, with more than 900 companies from 35 countries and regions participating in the event.


China's C919 gets mountain-ready variant as homegrown jets eye the world - August 03, 2026

A shortened, lighter version of China's domestically developed C919 jetliner took to the sky over Shanghai last week.


China to expand institutional opening-up of forex in H2 - August 03, 2026

The State Administration of Foreign Exchange last Sunday said in a statement released after its work conference that it will continue to steadily expand institutional opening-up in the foreign exchange sector in the second half of this year.


China's 12th batch of centralized drug procurement selects original drugs in record 10 varieties - August 03, 2026

Original drugs were procured under 10 varieties in China's 12th batch of bidding for the state-organized centralized drug procurement program, setting a new record high.A total of 521 products under 6


China's gaming sector hits 188.45b yuan in domestic sales in H1 - August 03, 2026

China's gaming industry delivered strong growth in the first half of 2026, driven by policy support, overseas expansion and AI adoption, according to an official industry report released last Thursday at the China Digital Entertainment Congress (CDEC).


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