China Industries
People check out Coach handbags during the eighth China International Import Expo in Shanghai on Nov 6. Coach is a brand owned by US-based luxury company Tapestry. GAO YANG/FOR CHINA DAILY A string of upbeat earnings reports from global luxury and lifestyle apparel companies show that Chinese shoppers are returning to premium spending, boosted by…
Pedestrians walk past a real estate intermediary shop in Shanghai. CHINA DAILY The early spring recovery in China’s housing market has extended into May, as the country’s largest cities are reporting record-high transactions in the existing home market. Despite uncertainty over a lasting recovery, the strong transaction volumes in major urban markets — including Beijing,…
Doctors provide rare disease medical consultation at a free clinic in Guiyang, Guizhou province. TAO LIANG/XINHUA China’s rare disease sector is entering a strategic window for biomedical innovation, as the country’s expanding diagnosis network and relatively large unmet medical needs create new momentum for drug development, clinical translation and payment support mechanisms, a top rare…
China has moved to open its value-added telecommunications sector to foreign investment, with 166 overseas-funded enterprises receiving approval to operate in key pilot zones, the Ministry of Industry and Information Technology (MIIT) announced on Wednesday. The approvals, granted since the first batch of pilot licenses for value-added telecom services was issued in February last year,…
In order to build on their leadership in the global arena and unlock next-generation growth channels, China’s leading photovoltaic firms are eyeing space-based solar energy production as the industry’s next technological frontier. By expanding into this field, they hope to diversify their business, break conventional market constraints and create high-end applications for China’s substantial solar…
A worker drives a newly assembled electric three-wheeler off the production line at a factory in Xuzhou, Jiangsu province, on Oct 16. MAO JUN/XINHUA At a workshop owned by Jiangsu Zhufeng Electromechanical Technology Co in Xuzhou, Jiangsu province, a buyer evaluated an electric three-wheeler model destined for Indonesia, discussing modifications with engineers, who took detailed…
The 12th China (Shanghai) International Technology Fair will be held at the Shanghai World Expo Exhibition and Convention Center between June 11 and June 13, the Information Office of Shanghai Municipality said on Wednesday. “Based on the overall deployment of the national and Shanghai’s 15th Five-Year Plan (2026-30) outline on scientific and technological innovation and…
A Shanghai exhibition will demonstrate that China’s pharmaceutical industry has been transformed from a follower to a core center of global innovative drug research and development, offering a mature, reliable solution for the world, according to the China Chamber of Commerce for Import and Export of Medicines and Health Products. Asia’s largest pharmaceutical event, CPHI…
Beijing State-Owned Assets Management Co is accelerating the integrated development of culture, business, tourism, sports and exhibitions, projecting the municipality to host 1,800 events and attract over 22 million visitors throughout 2026, an official of the company said. “Standing at the new starting point of the 15th Five-Year Plan (2026-30), we will work with all…
Visitors buy Norwegian seafood during an expo in Shanghai. CHINA DAILY China is rapidly emerging as Norway’s most important seafood export market, helping offset weak demand in other regions and underscoring the growing role of Chinese consumers in shaping global demand for premium imported seafood. Norwegian seafood exports to China rose 36 percent year-on-year to…