News

China's latest economic data shows industrial enterprise profits growing 18.7% in the first half of 2026, while the government has unveiled various plans and guidelines to boost the domestic services sector, strengthen social work, and support people with disabilities. These developments indicate the government's efforts to maintain economic stability and promote social welfare, which may have implications for foreign businesses operating in China.

• Industrial enterprise profits in China have seen a significant increase, with a growth rate of 18.7% in the first six months of 2026, according to the National Bureau of Statistics.
• The Chinese government has introduced measures to boost the domestic services sector, which may create new opportunities for foreign businesses to invest and expand in the country.
• China's consumer logistics have shown resilient growth in the first half of the year, driven primarily by online consumption, which could be an important factor for foreign companies to consider when developing their sales strategies in the Chinese market.
• The government has also announced plans to support people with disabilities, including stronger livelihood and employment support, which may lead to new requirements or opportunities for foreign businesses operating in China to comply with or contribute to these initiatives.