China’s consumer and factory-gate prices showed further signs of stabilization in September, as recovering domestic demand, industrial upgrading and policy support helped narrow price declines and strengthen underlying inflation momentum, analysts said on Wednesday. The National Bureau of Statistics said the consumer price index, the main gauge of inflation, fell 0.3 percent year-on-year in September,…
Pop Mart founder Wang Ning (right), artist Kasing Lung (left) and Apple CEO Tim Cook at a Pop Mart store in Shanghai on Monday. CHINA DAILY Apple CEO Tim Cook’s unexpected appearance at Pop Mart’s 10th anniversary showcase in China this week sparked both social media buzz and a stock rally. During his visit on Monday,…
Ahead of the upcoming fourth plenary session of the 20th Communist Party of China Central Committee, Qiao Baoyun, a professor at the Central University of Finance and Economics, shared in an exclusive interview with China Perspective that the value added tax (VAT) collection mechanism could shift from its current “production site-based” model to a “consumption…
Time-honored Beijing snack brand Daoxiangcun in Suzhou, Jiangsu province, offers Suzhou-style pastries to attract customers on June 29. CHINA DAILY Outside the flagship store of time-honored Beijing snack brand Daoxiangcun, a line snakes down the block. Inside, young customers snap photos of seasonal pastries not just to eat, but to post online. In Beijing’s Ruifuxiang Silk…
Shanghai announces a strategic goal at a press briefing on Saturday to become a globally influential leader in future industries. [Photo by Zhou Wenting/chinadaily.com.cn] Shanghai announced a strategic goal on Saturday to become a globally influential leader in future industries by 2030 through cultivating and expanding a number of future industries and developing several strategic…
The 11th annual World Free Zones Organization World Congress commences on Oct 10 in Haikou, Hainan province. [Photo provided to chinadaily.com.cn] The World Free Zones Organization’s 11th annual World Congress opened Friday in Haikou, Hainan province, bringing together global leaders and stakeholders in trade and investment. The three-day event aims to explore the role of…
Potential homebuyers look at a property model in Hohhot, Inner Mongolia autonomous region, on Oct 1, 2025. [Photo/VCG] China has now ensured that construction is complete on 7.5 million previously sold but unfinished homes across the country, safeguarding the legitimate rights and interests of a vast number of homebuyers, the Ministry of Housing and Urban-Rural…
An employee (left) talks about an under-construction real estate project to a visitor in Chongqing on Sept 16. SUN KAIFANG/FOR CHINA DAILY BEIJING — China’s housing conditions have been significantly improved during the 14th Five-Year Plan period (2021-25), with cumulative sales of new commercial residential buildings reaching approximately 5 billion square meters of floor space,…
Ski enthusiasts rent equipment at a ski resort in Wenchuan county, Sichuan province, on Dec 27. WANG XI/XINHUA A camping equipment store in Southwest China’s Chongqing is filled with customers in late August. Between racks of tents and camping chairs, store owner Zhou Xiangyu is managing the steady flow of business with ease. “The summer season…
File photo provided by Qualcomm shows Logo sign on Qualcomm campus building in San Diego, California, the United States. [Photo/Xinhua] China’s top market regulator has opened an antitrust investigation into US chipmaker Qualcomm Inc for failing to properly file its acquisition of automotive chip firm Autotalks, the State Administration for Market Regulation said on Friday.…