Shoppers walk past The Louis, a giant cruise ship-shaped installation by Louis Vuitton, at HKRI Taikoo Hui in Shanghai on March 19. CHINA DAILY Luxury’s biggest houses reported steady growth in China at the start of 2026, signaling a continued recovery in high-end spending even as global economic and geopolitical uncertainties persist. LVMH Moet Hennessy…
Visitors check out products at Aveva’s booth during a high-tech expo in Shanghai. CHINA DAILY China’s push for promoting high-quality development and fostering new quality productive forces during the 15th Five-Year Plan (2026-30) period will create substantial opportunities for multinational corporations, a top company executive said. “An increasing number of multinational companies have realized that…
A glance at the science town in Huairou district, Beijing. [Photo provided to chinadaily.com.cn] Beijing’s Huairou district has rolled out new measures to optimize its business environment while upgrading its event-hosting sector to foster high-quality urban development, officials said. The recently released 10 measures, following 20 others launched earlier this year, aim to further enhance…
At the 2026 WIC Asia-Pacific Summit, Prof Wang Fang from the School of Information and Communication at Nankai University said the sub-forum theme “AI for Better Life” reflected that AI should not be solely about technology and efficiency, but should make our lives better. Tanks to chinadaily.com.cn Please visit: Our Sponsor
A staff member inspects hydrogen production facilities in Qingdao, Shandong province, on July 23. ZHANG JINGANG/FOR CHINA DAILY China has cemented its position as the undisputed heavyweight champion in the global hydrogen economy, capturing nearly a third of worldwide capital commitments as the sector aggressively pivots from experimental pilot projects to a trillion-yuan commercial reality,…
Visitors view water electrolysis hydrogen production equipment at an international clean energy expo in Beijing on March 26. CHEN XIAOGEN/FOR CHINA DAILY Catalyzed by high-level national strategies and major commercial achievements, China’s hydrogen energy sector is rapidly scaling from localized pilot programs into a trillion-yuan industrial ecosystem, cementing the country’s position as a primary driver…
Customers visit a Lululemon store in Shanghai on March 19. CHEN YUYU/FOR CHINA DAILY Lululemon Athletica Inc said products currently sold in China do not contain per- and polyfluoroalkyl substances (PFAS), amid rising consumer concern following a Texas investigation into the potential presence of toxic chemicals in its apparel. Texas Attorney General Ken Paxton has…
As China doubles down on expanding domestic demand, the next wave of consumption growth is being driven by artificial intelligence-powered retail and a rapid diversification of service sectors, analysts and executives said. Final consumption expenditure contributed 52 percent to China’s economic growth in 2025, cementing its role as the primary engine of the world’s second-largest…
The sixth China International Consumer Products Expo focuses on premium international products and new product launches. Over 200 new products are set to launch—doubling last year’s total, with a multitude of products making their global debuts, Asia-Pacific premieres, and China launches in succession. Tanks to chinadaily.com.cn Please visit: Our Sponsor
Faster growth of imports over exports in the first quarter of the year underscores China’s strengthening domestic demand and the growing potential of its vast market that offers fresh opportunities for global businesses amid an uncertain external environment, government officials and business leaders said on Tuesday. The country’s foreign trade grew 15 percent year-on-year to…