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Hainan to open five duty-free stores for daily goods

Costumers shop at the Sanya International Duty Free City in Sanya, South China’s Hainan province, on Jan 10, 2026. [Photo/Xinhua] Hainan province will open five duty-free stores for daily consumer goods across three cities on Feb 11, provincial authorities announced Friday, marking the first retail outlets under a new national policy designed to lower living…

Hainan to open five duty-free stores for daily goods

Costumers shop at the Sanya International Duty Free City in Sanya, South China’s Hainan province, on Jan 10, 2026. [Photo/Xinhua] Hainan province will open five duty-free stores for daily consumer goods across three cities on Feb 11, provincial authorities announced Friday, marking the first retail outlets under a new national policy designed to lower living…

China’s railway investment facilitates growth

China’s railway sector registered robust investment and infrastructure expansion in 2025, with fixed-asset investment reaching 901.5 billion yuan ($126.8 billion), a year-on-year increase of 6 percent, according to the national railway operator China State Railway Group. Last year also saw the commissioning of 3,109 kilometers of new railway lines across the country, including 2,862 km…

China keen on boosting FDI

This photo taken on Nov 8, 2023 shows the pavilion of Covestro during the 6th China International Import Expo (CIIE) in East China’s Shanghai. [Photo/VCG] With global investment conditions remaining challenging, China is expected to lock in new investment plans from foreign corporations to build new factories and invest in the services sector in the…

Medical experts: Accelerate clinical use of brain-computer interface to benefit public health

Chinese medical experts and researchers attend a round-table dialogue in Beijing on Jan 31, calling for the accelerated clinical translation of brain-computer interface to benefit mankind. [Photo provided to chinadaily.com.cn] As China released a high-tech medical device to help some 23 million children suffering from attention deficit hyperactivity disorder (ADHD), scientists and medical experts have…

AI-powered strategy used for investing

In the past, foreign institutions investing in China relied on experienced “China hands” familiar with the country’s economic policies and market dynamics, but the industry is now turning to new solutions. Several international asset management firms have started integrating AI into their investment research processes for the Chinese market. For example, hedge fund giant Bridgewater…

Shanghai seeks balanced development of housing ownership, leasing biz

Potential homebuyers look at secondhand homes for sale at a real estate agency in Shanghai in April. CHINA DAILY Shanghai’s latest initiative to ensure the supply of government-subsidized rental housing through acquiring pre-owned homes is expected to better address diverse leasing demand in the market and effectively support the balanced development of housing ownership and…

LEGO expands China-centric toys for deeper connection

Chinese New Year decorations at a LEGO store in Shanghai in January. CHINA DAILY As Spring Festival approaches, LEGO Group, the Danish toymaker, is embarking on a cultural journey to deepen its roots in China by introducing products that celebrate the country’s vibrant traditions. These new sets — the LEGO Galloping Horse Canvas and LEGO…

Nestle expands juice gummy production in China

As the Chinese New Year approaches, a peak time for confectionery consumption and gifting — Hsu Fu Chi — a leading domestic confectionery brand under Nestle, is bolstering its production capabilities to meet the surging demand for festive snacks. On Feb 2, the company unveiled a new juice gummy production workshop in Dongguan, Guangdong province,…

‘Shopping in China’ focusing on goods, services, scenarios

Photo shows a night view of Taikoo Li Sanlitun, Beijing, on Dec 31. HU QINGMING/FOR CHINA DAILY This year, the Ministry of Commerce has made “Shopping in China” a priority, aiming to establish the Chinese market as a global consumption magnet, drawing not just tourists but the world’s top brands as well. The “Shopping in…