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Collectible toy sector entering more dynamic growth phase

A blind box enthusiast stands beside Labubu figures at a Pop Mart store in Shenzhen, Guangdong province, on March 3. GE ZIWEN/FOR CHINA DAILY China’s collectible toymakers are entering a more competitive and more dynamic phase of growth, as companies race to scale intellectual property, expand globally and move beyond simple product design. As industry…

China’s installed power capacity hits 3.95b kW as solar and wind surge

China’s total installed power generation capacity reached approximately 3.95 billion kilowatts by the end of February, representing a 15.9 percent increase year-on-year, according to data released by the National Energy Administration on Wednesday. The growth highlights the continued shift toward renewable energy. Installed capacity of solar power rose to 1.23 billion kW, up 33.2 percent…

Key perspectives from Boao Forum for Asia Annual Conference 2026

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China hosting APEC at a critical time, say experts

China’s hosting of APEC comes at a critical time, as the region is poised to drive global growth and contribute to world peace. This was discussed by former officials, Asia-Pacific Economic Cooperation representatives, and business leaders during the Boao Forum for Asia Annual Conference 2026 on Wednesday. “China is ready to work with all parties…

Lenders bank on smart tech for upgrade

China’s banking sector is accelerating its push into artificial intelligence, weaving the technology into key areas from customer acquisition and decisionmaking to operations and risk control, as it races to build smarter, more responsive service models. The effort is being reinforced at the policy level, with the country’s central bank calling for the active yet…

Lululemon grows on China market strength

Customers visit a Lululemon store in Shanghai on March 19. CHEN YUYU/FOR CHINA DAILY Global performance apparel company Lululemon Athletica Inc reported modest global growth for the fourth quarter and fiscal 2025, as strength in international markets — particularly China — helped offset slower momentum in North America. Fourth quarter net revenue rose 1 percent…

Experts map bigger global footprint for Hainan FTP

An aerial drone photo taken on Jan 10, 2026 shows a view of the Sanya International Duty Free City in Sanya, South China’s Hainan province. [Photo/Xinhua] With the global economy navigating geopolitical fractures and mounting uncertainty, the ongoing Boao Forum for Asia Annual Conference 2026 delivered a unified message of strategic openness. “Openness brings development,…