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618 shopping gala pivots to value-driven consumption

Employees arrange imported products at a warehouse in Jinhua, Zhejiang province, on June 18. PAN QIUYA/FOR CHINA DAILY The 618 shopping festival, once dominated by price comparisons and heavy discounts, is increasingly being shaped by consumer demand for value, differentiation and lifestyle relevance, said experts. A survey released by iiMedia Research showed that 57.59 percent…

US curbs have limited impact on tech firms

The US government’s latest attempt to curb Chinese telecom and tech companies will have limited impact on their business, but the move once again shows that Washington is abusing the scope of national security, experts said on Monday. The comments came after the US Federal Communications Commission on Friday said it would ban the import…

China, EU officially launch trade, investment consultation mechanism

BEIJING – China and the European Union (EU) have confirmed the official establishment of China-EU trade and investment consultation mechanism as the two sides held the first meeting of the mechanism, according to a joint statement issued on Tuesday. The two sides identified four initial workstreams under the mechanism, which include trade and investment balancing,…

Why P&G bets on China’s supply chain

Over the past 30 years, the focus of China’s supply chain has shifted from rapid growth to high-quality development, said Zhao Bo, vice-president of supply chain innovation, global technology innovation at P&G, during the 2026 CISCE. This transformation has been underpinned by China’s advantages in scale, engineer dividend and the growth of new quality productive…

China tightens dual-use export controls on Japanese entities

China is placing 20 Japanese entities on a control list with absolute export prohibitions, and placing 20 others on a watch list with enhanced scrutiny, to curb Japan’s re-militarization and nuclear ambitions, the Ministry of Commerce said on Monday.Under the control list designation, Chinese exporters are prohibited from shipping any dual-use items – goods and…

Illusory China ‘threat’ claim a classic own goal

An aerial drone photo taken on March 20, 2026 shows a container terminal of Taicang Port in East China’s Jiangsu province. [Photo/Xinhua] European politicians, think tanks and media have been ramping up the narrative of so-called “trade imbalance”, claiming that Chinese industrial subsidies, weak domestic demand and fierce domestic competition have created “overcapacity” and led…

A shares stay resilient amid global jitters

The A-share market, despite facing temporary downward pressure due to last week’s sharp sell-offs in the global tech sector, still holds promise for a gradual bull run, experts said, citing broad-based earnings improvements and robust growth of China’s artificial intelligence industry. Due to pullbacks in sectors including energy metals, batteries and communications equipment, the benchmark…

H2 macro outlook: New drivers of China’s growth

Illustration generated by AI Looking ahead to China’s economy in the second half, robust exports are expected to remain an important driver of economic growth, while domestic demand will generally remain stable. PPI inflation is expected to remain elevated, while CPI inflation is likely to stay moderate. As prices continue to recover, the full-year GDP…

Transitioning from large consumer market to strong consumer economy

Tourists buy flowers at Dounan Flower Market during the May Day holiday in Kunming, Southwest China’s Yunnan province, May 5, 2026. [Photo/Xinhua] In December, the annual Central Economic Work Conference identified boosting consumption and expanding domestic demand across the board as a key priority for economic policy. The task is not merely a short-term response…

Deeper Sino-EU cooperation urged

A China-Europe freight train sets off slowly after being supervised by the customs in Jinhua, Zhejiang province, on April 1. HU XIAOFEI/FOR CHINA DAILY As trade tensions between China and the European Union show signs of escalating, economists and executives are calling on Brussels to abandon its “de-risking” strategy, strengthen dialogue with Beijing and enhance…