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China Industries

China Industries

Sports tourism fuels consumption engine

A tourist experiences indoor climbing in Nanjing, Jiangsu province, on Oct 1. XINHUA NANJING — Wang Lin’s National Day holiday began with an adrenaline-fueled adventure: rock climbing at an extreme sports center in the morning, kayaking in the afternoon, and indoor swimming in the evening — all packed into just one day of her weeklong break.…

Public data potential set to be unleashed

A staff member walks past a screen at the State Key Laboratory of Public Big Data at Guizhou University in Guiyang, Southwest China’s Guizhou province, May 23, 2023. [Photo/Xinhua] China’s latest push to accelerate the development and utilization of public data resources is expected to fully unleash the potential of public data elements, help cultivate…

Influencer economy revives camera market

Visitors check out cameras at The 25th China International Photograph & Electrical Imaging Machinery and Technology Fair held in Beijing, May 11, 2024. [Photo/VCG] SHANGHAI — At a bustling camera store in Shanghai, young shoppers crowded around the shelves, eager to get their hands on the latest models. “My favorite influencer uses this camera to…

China’s services trade reports rapid growth in Jan-Aug

A visitor experiences a passenger-carrying autonomous aerial vehicle during the 2024 CIFTIS in Beijing on Sept 13. TANG KE/FOR CHINA DAILY BEIJING – China’s services trade saw rapid growth in the first eight months of the year, including a steep increase in the trade of travel-related services, official data showed on Thursday. The country’s services…

Tableware maker charts new growth path

Purchasers talk at a booth of tableware at the second phase of the 135th Canton Fair in Guangzhou, South China’s Guangdong province, April 23, 2024. [Photo/Xinhua] After more than 30 years of growth in East China’s Fujian province, Lin Chi-te, chairman of Zhengshi Tableware Co Ltd, wants to build his company into a century-old enterprise…

Destination weddings, trips grow in popularity

Newlyweds from across the country attend a group wedding ceremony in Hangzhou, Zhejiang province, on Sunday. [WU HUANG/FOR CHINA DAILY] More young Chinese couples are holding destination weddings and taking wedding trips instead of traditional weddings, and the just concluded National Day holiday saw high popularity of such a trend, industry players found. During the…

Guangdong to boost biopharma sector

Two employees work in a drug research and development laboratory in Dongguan, Guangdong province. [Photo by ZHAN YOUBING/FOR CHINA DAILY] South China’s Guangdong province aims to boost annual revenue from its biopharmaceutical and health sector to over 1 trillion yuan ($141.55 billion) by 2027 from 663.8 billion yuan last year, according to an action plan…

Hangzhou joins list of Chinese cities further easing home-buying rules

An aerial view of a housing project under construction in Hangzhou, Zhejiang province, in June.[LONG WEI/FOR CHINA DAILY] HANGZHOU – The eastern Chinese city of Hangzhou has announced that it will reduce the minimum down payment ratio for commercial housing mortgages, becoming the country’s latest major city to further relax real estate policies. The capital…

Snap, share, sell: influencer economy revives camera market in China

SHANGHAI – At a bustling camera store in Shanghai, young shoppers crowded around the shelves, eager to get their hands on the latest models. “My favorite influencer uses this camera to film,” said 26-year-old Li Yun while trying out a mirrorless model. “But it’s hard to get one. You have to enter a lottery and…