A gondolier glides along the canal at Florentia Village Beijing-Tianjin Luxury Design Outlet in Wuqing, Tianjin, as people stroll across the Venetian-style bridge on May 10. CHINA DAILY Luxury outlet retail in China is demonstrating vitality and resilience as the sector capitalizes on the growing demand for cultural, lifestyle and vacation experience-centered shopping. Among luxury…
Participants visit the booth of Newamstar during the Interpack 2026, which concluded in Dusseldorf, Germany, on May 13. [Photo provided to chinadaily.com.cn] Tony Ho, chairman of global liquid product packaging equipment supplier Newamstar, said that Chinese packaging equipment manufacturers are accelerating their digital transformation and intelligent upgrading, evolving from single-equipment suppliers into system-integration solution providers…
Participants visit the booth of Newamstar during the Interpack 2026, which concluded in Dusseldorf, Germany, on May 13. [Photo provided to chinadaily.com.cn] Tony Ho, chairman of global liquid product packaging equipment supplier Newamstar, said that Chinese packaging equipment manufacturers are accelerating their digital transformation and intelligent upgrading, evolving from single-equipment suppliers into system-integration solution providers…
A staff member patrols among photovoltaic panels at a circular economy industrial park in Binhai New Area of Tianjin, North China, April 23, 2026. [Photo/Xiinhua] China’s push to become a global financial powerhouse is fueling a sharp rise in demand for hybrid talent with both financial expertise and emerging skill sets, with the talent gap…
A view of the booth of WeBank during an expo in Shenzhen, Guangdong province. CHINA DAILY Adjustments to the shareholding structures of China’s private banks have become increasingly common. More private banks are introducing new shareholders with industrial backgrounds and financial strength. Some private lenders have also brought in State-owned capital to quickly replenish funds,…
Shoppers seen at a supermarket in Zaozhuang, Shandong province. SUN ZHONGZHE/FOR CHINA DAILY China’s household income growth slowed in the first quarter and failed to keep pace with GDP, underscoring the urgency for policymakers to quickly flesh out detailed measures under their previously announced income growth plans, economists said. Per capita disposable income rose 4.9…
This undated photo shows the filming site of a micro drama at the Shanghai International Short Video Center in Shanghai, East China. [Photo/Xinhua] CHANGSHA — Douyin Group, operator of the popular Chinese social media platform Douyin under ByteDance, plans to increase investment in live-action micro-dramas, an executive with the group said at a micro-drama industry…
China’s drug-delivery developer Metis TechBio Co Ltd listed on the Hong Kong Stock Exchange on May 13. [Photo/VCG] Chinese mainland’s artificial intelligence drug-delivery developer Metis TechBio Co Ltd raised more than HK $2.1 billion ($270 million) in its Hong Kong initial public offering on Wednesday, marking the largest healthcare listing in Hong Kong so far…
An African goods market is pictured during the May Day holiday in Changsha, Hunan province, on May 1. DENG YILIN/XINHUA CHANGSHA — When more than 6,000 bottles of South African wine cleared customs at Changsha Huanghua International Airport in Central China’s Hunan province on May 1, the importer received an immediate benefit from China’s expanded…
A car refueling at a gas station in Guangzhou, on April 7. [Photo/VCG] Expanding energy ties between China and the United States will contribute to broader bilateral economic cooperation amid shifting global market dynamics, industry experts said. Liu Jia, chief expert at the Economics & Technology Research Institute, a think tank of China National Petroleum…