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China's business entities see improved structure in January-June period

China

China

China

China's business entities see improved structure in January-June period

2026-08-08 22:08 Last Updated At:08-10 15:54

The structure of China's business entities continued to improve in the first half of 2026, supporting a better-quality and more dynamic economy, official data released on Saturday by the State Administration for Market Regulation showed.

Newly registered enterprises in eight strategic emerging industries -- including next-generation information technology and high-end equipment manufacturing -- and nine future industries such as humanoid robots and generative AI reached 561,000 in the first six months, maintaining steady growth.

In particular, 55,000 new enterprises were registered in the generative AI sector, up 28 percent year on year, while the humanoid robotics sector registered 116,000 new enterprises, up 9.5 percent year on year, rapidly forming new drivers of economic growth.

Meanwhile, new types of consumer business showed strong vitality in the first half of the year, with the service sector adding 3.957 million new enterprises. Among these, cultural and tourism industries saw 1.475 million newly registered enterprises.

In addition, high-tech manufacturing maintained strong growth momentum. New enterprise registrations in spacecraft and launch vehicle manufacturing industry as well as the optical fiber and optical cable manufacturing industry, surged 185.7 percent and 129.4 percent year on year, respectively.

China's business entities see improved structure in January-June period

China's business entities see improved structure in January-June period

Hong Kong's stock market ended lower Tuesday, with the benchmark Hang Seng Index down 1 percent to close at 24,667.24 points.

The Hang Seng China Enterprises Index lost 0.96 percent to 8,204.91 points, while the Hang Seng Tech Index dropped 0.62 percent to 4,291.34 points.

Hong Kong's Hang Seng Index closes 1 pct lower

Hong Kong's Hang Seng Index closes 1 pct lower

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