A potential buyer tries on gold jewelry at a store in Lianyungang, Jiangsu province, on Sunday. GENG YUHE/FOR CHINA DAILY China’s domestic gold production in 2024 exceeded 377.24 metric tons, up by 2.087 tons from 2023, reflecting a year-on-year increase of 0.56 percent, according to the latest data from the China Gold Association. However, gold consumption…
A visitor tries on Florasis cosmetics at a store in Tokyo on Jan 27. [Photo/China Daily] Huaxizi, also known as Florasis, a Chinese beauty brand with cultural and aesthetic attributes, has further accelerated its pace of going global by launching a new flagship store in Tokyo in late January, and it plans to continuously expand…
Customs officers inspect imported fruit at Beijing Capital International Airport. [Photo/China Daily] At 4:20 am (Beijing Time) on Jan 23, Air China’s CA166 flight from Melbourne, Australia, arrived at Terminal 3 of Beijing Capital International Airport. Onboard were live rock lobsters, ready for Customs clearance before entering the Chinese market. This high-demand delicacy arrived just…
A drone photo taken on Aug 9, 2024 shows a China-Europe freight train departing from Tongjiang North Railway Station in Northeast China’s Heilongjiang province. [Photo/Xinhua] Strengthening China-European Union economic cooperation has become crucial for worldwide economic growth, as the United States’ tariff hikes against its key trading partners have cast a shadow over the global…
TAIYUAN — North China’s coal-rich Shanxi province achieved a record coal-bed methane (CBM) output of 13.4 billion cubic meters in 2024, up 18.9 percent year on year, according to the provincial statistics bureau. CBM is a byproduct of coal production and considered a major cause of fatalities in coal mine accidents. This unconventional natural gas…
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China has imposed export controls on materials such as tungsten, tellurium, bismuth, molybdenum and indium, effective Tuesday, according to a joint statement from the Ministry of Commerce and the General Administration of Customs. As a major producer and exporter of these materials, China’s move aligns with international practices, a spokesperson from the MOC said. China…
Visitors enjoy the Zhanqi fish-shaped lantern parade, an intangible cultural heritage, in Zhanqi village, Huangshan city, Anhui province on Jan 30, 2025. [Photo by Chen Zebing/China Daily] The eight-day Spring Festival holiday this year, which concludes on Tuesday, saw a record high volume of passenger traffic, and the travel volume seen during the middle of…
China has placed two United States enterprises – PVH Corp and Illumina Inc – on its unreliable entity list, the Ministry of Commerce announced on Tuesday. PVH Corp, a clothing company that owns brands such as Tommy Hilfiger and Calvin Klein, and biotechnology company Illumina Inc, have violated the principles of market-oriented transactions, the ministry…
Consumers gather at a jewelry store in Wuhan, Hubei province, on Jan 20. ZHOU GUOQIANG/FOR CHINA DAILY Luxury gold products have shown remarkable resilience despite mainstream jewelry sales being hit following 40 record-breaking surges in gold prices, with spikes going up to 30 percent. Laopu Gold Co Ltd’s share price skyrocketed by over 70 percent…