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China's Ministry of Industry and Information Technology said internet and related services firms above designated size recorded internet business revenue of 874.9 bln yuan in Jan-May, up 10.4% YoY, a 0.5 ppt acceleration versus Jan-Apr. Total profits

2026-06-30

China's Ministry of Industry and Information Technology said internet and related services firms above designated size recorded internet business revenue of 874.9 bln yuan in Jan-May, up 10.4% YoY, a 0.5 ppt acceleration versus Jan-Apr. Total profits were 79.9 bln yuan, up 9.7% YoY, with profit growth slowing compared with Jan-Apr. R&D spending maintained rapid growth.

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2026-06-30

The ±800 kV UHVDC Shaanbei-Anhui transmission project was commissioned, crossing the Qinling–Huaihe divide and linking west-east power flows. The line increases the Northwest China power grid's cross-region outbound transmission capacity to 103 GW (1

The ±800 kV UHVDC Shaanbei-Anhui transmission project was commissioned, crossing the Qinling–Huaihe divide and linking west-east power flows. The line increases the Northwest China power grid's cross-region outbound transmission capacity to 103 GW (103 million kW), making it the first regional grid in China with total cross-region outbound channel capacity above 100 million kW.
2026-06-30

ChiNext Index rose more than 1% in early trade; Shenzhen Composite Index was up nearly 1%.

ChiNext Index rose more than 1% in early trade; Shenzhen Composite Index was up nearly 1%.
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