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‘Rooftop economy’ latest consumption front

A performance is staged on the terrace of a building in Shikumen, a major tourist attraction in Shanghai, on Sunday. CHINA DAILY After the “night economy”, the “rooftop economy” is now taking to the rooftops of shopping centers nationwide. Rooftops and terraces are emerging as the latest frontiers for retailers in China, offering new ways…

High-quality pivot urged for e-sellers

Salespersons of a cross-border e-commerce company promote products via livestreaming in Huzhou, Zhejiang province, on April 13. HAN CHUANHAO/XINHUA China’s e-commerce sector is at a crossroads after nearly three decades of explosive growth, and a new policy blueprint has laid out a clear path forward — deepening integration with the real economy and accelerating brand-driven…

Debut of full-spectrum hyperspectral satellite to empower commercial aerospace innovation

Kuaizhou-11 Y7 rocket launches at 12:12 pm on March 16 from Jiuquan Satellite Launch Center in Gansu province, deploying eight domestic satellites into scheduled orbits in a flawless mission. CCTV+ A significant milestone in China’s commercial aerospace sector, the recent successful launch and precise orbital insertion of the Xiguang-1 06 satellite reflect the development of…

Shanghai posts strong holiday retail growth, up 7.7%

Shanghai reported steady growth in online consumption and physical-store spending, growing 7.7 percent year-on-year to reach 64.3 billion yuan ($9.44 billion) in total during the five-day May Day holiday, according to official data. Boosted by more than 300 daily activities tailored to target consumers across the city, consumers spent 36.95 billion yuan in physical stores…

Warehouse receipts are reshaping China’s commodity trade

[Photo provided to chinadaily.com.cn] Shanghai Commodity Warehouse Receipt Registration Co Ltd, or NCWR, has leveraged warehouse receipt registration to drive the comprehensive digitalization of the commodity ecosystem, facilitating the integrated development of the Yangtze River Delta region and Shanghai’s goal of growing into a global resource allocation center, according to experts. Strategic layout in the…

Great road ahead for Sino-Europe autos

Chinese auto company Geely officially entered the UK market with the launch of its first model, the Geely EX5, in October 2025. [Photo provided to China Daily] Once, the most coveted cars on China’s roads came from Germany, Japan, and the United States. Today, as China’s new energy vehicle, or NEV, technologies go global, that…

Experience tourism spurs nation’s holiday surge

Visitors pose for photos at night nearby the Yangtze River Bridge in Wuhan, Hubei province. [Photo by Xu Lin/China Daily] Over the just concluded five-day May Day holiday, more than 300 million inter-regional trips were made across China each day. Chinese consumers are on the move, and their wallets are moving with them, but in…

Experience economy brews new vitality for Yunnan coffee

International students from Tsinghua University’s Schwarzman Scholars program join coffee experience workshop at Beautiful Star Village · Youfeng Kagu, Nandaohe village, Pu’er city, Yunnan in January 2026. Provided to China Daily KUNMING — In the lush mountains of Pu’er in Southwest China’s Yunnan province, Liu Xiaodong, head of a coffee estate, runs a “field classroom”…

Non-household gas prices in 2nd half of 2025:

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Immersive, emotion-driven experiences redefine May Day holiday tourism mkt

A face-changing performance draws visitors at Konggang flower field in Chengdu, Sichuan province, on Sunday. LI XIANGYU/FOR CHINA DAILY When visitors arrived at the ancient city wall of Nanjing in Jiangsu province during the May Day holiday, many expected a typical historical tour. Instead, they were greeted by actors portraying Ming Dynasty (1368-1644) figures strolling…