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Air Astana eyes biz expansion in China market

Air Astana’s Airbus A320 Neo jet airliner spotted at Almaty International Airport. [Photo/VCG] China’s push for high-standard opening-up and easier cross-border travel is creating fresh opportunities for international airlines seeking a larger share of the world’s second-largest travel market. For Kazakhstan’s flag carrier Air Astana, those policies are translating into a rapid expansion in China,…

Nation’s growth plans inject confidence into MNCs

From left to right:  Ni Xiaorong, president of Kuehne+Nagel China; Girum Abebe, country director of Ethiopian Airlines China; James Zhou, chief commercial officer, head of food & feed solutions, and head of Asia at Louis Dreyfus Company; George Xu, executive vice-president of Airbus and CEO of Airbus China. Editor’s Note: As China launches its 15th Five-Year Plan (2026-30),…

Highlights from landmark Hainan consumer products expo

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China’s financing growth eases but stays resilient in Q1

China’s financing activity maintained a solid pace in the first quarter of 2026 despite a moderate deceleration, continuing to provide steady support for the real economy, official data showed on Monday. The People’s Bank of China, the country’s central bank, said that the country’s outstanding aggregate social financing — the total amount of financing to…

AI for All: Building a shared digital future

In an interview at the 2026 World Internet Conference (WIC) Asia-Pacific Summit, vice-chair of the WIC Francis Gurry said AI is advancing rapidly, which may leave a lot of people and countries behind. He believed that, besides empowerment, we need to find a way to equip people with the skills to participate and make sure…

Key wind power companies call to curb ‘malicious’ price competition

Top executives from China’s wind power sector have recently issued a joint call to curb “malicious” price competition, warning that below-cost bidding threatens the safety and sustainable development of the world’s largest renewable energy market. In a recently signed article, industry experts and company executives — including Qin Haiyan, secretary-general of the Chinese Wind Energy…

Mixue Group posts strong results for 2025 on expanded store footprint

Consumers hold Mixue beverages at Zocalo, the main central square of Mexico City, on April 1. XINHUA Mixue Group reported robust earnings growth for 2025, driven by rapid store expansion and a supply chain-led business model, even as rising costs and intensifying competition weighed on margins. Revenue rose 35.2 percent to 33.56 billion yuan ($4.91…

China records 5% GDP growth in Q1 2026

China’s gross domestic product expanded by 5 percent to reach 33.42 trillion yuan in the first quarter of 2026, the National Bureau of Statistics said on Thursday. China’s value-added industrial output, an important economic indicator, rose 6.1 percent year-on-year in the first quarter, the bureau said. China’s retail sales increased 2.4 percent year-on-year in the…