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China Industries

China Industries

Experts: Strong gold-buying momentum expected to continue

An employee sorts gold ornaments at a jewelry shop in Lianyungang, Jiangsu province. WANG CHUN/FOR CHINA DAILY Increasing gold holdings remains a long-term strategic direction for China’s central bank as it works to optimize the composition of its international reserves, while the fundamental drivers supporting a long-term rise in gold prices remain intact, experts said.…

Shipping rates diverge sharply

An aerial drone photo taken on Jan 8, 2026 shows a view of the Chuanshan area of Ningbo-Zhoushan Port, East China’s Zhejiang province. [Photo/Xinhua] Shipping rates between China and its major trading partners have diverged sharply in recent weeks, with short-haul routes to Southeast Asia recording sustained price increases, while long-haul services to the West…

Vouchers fuel domestic ice and snow tourism

Skiers ride a magic carpet ski lift at the Li Ning Snow Park in Jinzhong, North China’s Shanxi province. [Photo/Xinhua] TAIYUAN — Consumption vouchers issued by local governments are driving a surge in spending across China’s ice and snow industry this winter, as provinces roll out subsidies to boost participation in winter sports and related…

Gardening nurtures stressed youngsters

Ruan He works in her garden in Fuzhou, Fujian province. PROVIDED TO CHINA DAILY Ruan He believes her garden in Fuzhou, Fujian province, is not only a place where exotic flowers and plants flourish, but also a sanctuary for healing and connection. Three years ago, her eldest daughter was diagnosed with a mental health condition,…

Canton Fair launches indoor navigation for vast exhibition halls

This photo taken on Nov 4, 2025 shows the 138th edition of the China Import and Export Fair in Guangzhou, South China’s Guangdong province. [Photo/Xinhua] The China Import and Export Fair, often called the Canton Fair, has rolled out a new indoor navigation service aimed at helping exhibitors and buyers find their way through its…

China retains vast potential in services spending: expert

The view of Shanghai’s CBD is seen in this photo. [Photo/VCG] China’s economy has maintained steady momentum, but pressures from a still-weak domestic demand remain pronounced, reinforcing calls from a top expert for coordinated efforts in opening-up and innovation to prioritize domestic demand, with a focus on unlocking the potential of services consumption. “As the…

Shanghai forum promotes cosmetics business

China’s cosmetic business is in the midst of a “profound transformation”, an industry expert has said. “The core competitiveness of China’s cosmetics industry is shifting from products and channels to brand building and value communication in a cross-cultural context, and systematic research is the key foundation supporting the high-quality development of the industry,” according to…

East China trade hub transitions from local market to global stage

Shandong Haoduobao Supply Chain Co Ltd showcases products in its “variety store”. WANG HONGSHUO/XINHUA JINAN — In Linyi, East China’s Shandong province, a vast marketplace is rewriting its role, transforming from a domestic wholesale powerhouse into a dynamic international trade hub that seamlessly connects Chinese factories with buyers and products from around the globe. Linyi…

‘Emotional resonance’ driving big changes in Chinese consumption sector

Denis Depoux, global managing director of Roland Berger, speaks at the launching ceremony of the consultancy’s annual flagship report, “Foresight 2026: Roland Berger China Annual Trends Report” in Shanghai on Jan 8. [Photo provided to chinadaily.com.cn] China’s consumption market and economy is expected to see resilience and structural changes this year as the nation’s consumers…

Working group launched to promote rare earth steel applications

A new working group to promote rare earth steel applications was launched at a recent meeting in Beijing, marking a coordinated push to advance technological innovation and large-scale application of rare earth steel in China, the China Iron and Steel Association announced on Thursday. Hosted by the association on Jan 6, the meeting was co-organized…