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China Industries

China Industries

Supermarkets see rise in foot traffic

Shoppers seen at a supermarket in Zaozhuang, Shandong province. [SUN ZHONGZHE/FOR CHINA DAILY] Chinese supermarket chains have reported increases in both visitor numbers and online sales, with three out of four that undertook adjustments and renovations in 2024 achieving growth, according to a report by the China Chain Store and Franchise Association. The findings highlight…

Spring Festival rush: Visa-free policies ignite surge in foreign tourist arrivals

Inbound tourists arriving by cruise ship watch a lion dance performance in Shanghai, East China, Jan 8, 2025. [Photo/Xinhua] BEIJING — As China continues to relax its visa-free policies, the country has seen a notable increase in foreign visitors joining the Spring Festival travel rush, eager to experience its rich cultural traditions. The Spring Festival…

Chinese enterprises accelerate Arab states’ energy transition

Chinese companies are ramping up their engagement in the burgeoning new energy sector within Arab nations, responding to the urgent energy transition needs in the region, said experts. This strategic move entails a substantial push into renewable energy domains like solar and wind power, hydrogen energy and cutting-edge energy storage solutions. The anticipated future collaborations…

China’s Spring Festival film pre-sales hit 600m yuan in record time

Cast and crew members of all six upcoming films competing for the Spring Festival market gather at a promotional event held in China National Film Museum on Jan 23, 2025. [Photo provided to chinadaily.com.cn] BEIJING — With two days to go before the Spring Festival holiday, China’s box office pre-sales for the holiday have reached…

China ups gold production to 377.24 tons

A shopper tries on a gold bracelet at a jewelry store in Chongqing. SUN KAIFANG/FOR CHINA DAILY China’s domestic gold production in 2024 exceeded 377.24 metric tons, up by 2.087 tons from 2023, reflecting a year-on-year increase of 0.56 percent, according to the latest data from the China Gold Association. However, gold consumption in the…

Strong appetite displayed for quality of life, wellness, meaningful experiences

Shoppers buy goods for Spring Festival at a supermarket in Hefei, Anhui province. CHEN SANHU/FOR CHINA DAILY Chinese consumers are demonstrating a strong appetite for quality of life, wellness and meaningful experiences with increased spending confidence and intentions despite an overall cautious sentiment, according to a new report released by global consulting firm AlixPartners. The…

Distributed PV generation emerges as key contributor to renewable energy efforts

Photovoltaic panels are installed on top of the office building of the Communist Party of China Dalian Committee in Dalian, Liaoning province. [Photo provided to CHINA DAILY] As China continues to drive its energy transition, distributed photovoltaic (PV) generation is emerging as a key contributor to the country’s renewable energy efforts, said the National Energy…

First China-Europe Express cargo ship completes maiden voyage

Photo taken on Jan 24, 2025 shows a container printed with the “China-Europe Express” in Wilhelmshaven, Germany. [Photo/Xinhua] WILHELMSHAVEN, Germany — The first container ship of the “China-Europe Express”, the fastest direct route connecting Europe and China’s Yangtze River Delta region, arrived at its destination at the Jade Weser Port in Wilhelmshaven on Friday. The…

China’s real estate tax cuts yield $1.6b in first month

Prospective homebuyers look at a property model at a sales office in Beijing. [Photo/China News Service] BEIJING — China’s new tax policies aimed at stabilizing the real estate market have resulted in 11.69 billion yuan (about $1.6 billion) in tax reductions and exemptions in their first month of implementation, according to data released Saturday by…

Great strides in energy landscape

China has further solidified its position as the world’s largest producer and consumer of energy, continuously shaping the global energy landscape throughout last year, according to a think tank. The country’s energy consumption in 2024 grew by 4 percent compared to the previous year, driving global demand for primary energy up by 1.9 percent, according…