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Home brands sharpen sport sponsorship

The billboard of Hisense catches the eye during the group A match between Mexico and South Africa during the 2026 FIFA World Cup at Mexico City Stadium in Mexico on June 12. YIN GANG/FOR CHINA DAILY When the 2026 FIFA World Cup officially kicked off across the United States, Canada and Mexico this month, Chinese…

China acts to secure supply chains

China unveiled a detailed set of procedures for investigating threats to its industrial and supply chain security after the State Council adopted the country’s first dedicated regulations on the issue in April. The rules for industrial and supply chain security investigations will take effect immediately upon publication, the Ministry of Commerce said in a statement…

New containers boost export capacity of automobiles

The first China-Europe freight train fully loaded with new general-purpose automobile containers waits for departure at Tuanjiecun Railway Station in Chongqing on June 22. TANG YI/XINHUA CHONGQING — A China-Europe freight train loaded with new 40-foot, 35-metric-ton general-purpose automobile containers departed from Chongqing in Southwest China earlier this week, marking an innovation that makes the…

Sports economy sweeping the globe

The 2026 FIFA World Cup is underway, fueling rapid global momentum in the sports economy, now a new driver for economic growth, in China and around the world. Kenneth Fok Kai-kong, a member of the Legislative Council of the Hong Kong Special Administrative Region, partnered with Kody Blois, the parliamentary secretary to the Prime Minister…

Xiong’an New Area gives helping hand to high-tech startup companies

An employee trains a robot at a technology company in Xiong’an, Hebei province. XINHUA For startups struggling to secure their first investor, Xiong’an New Area in North China’s Hebei province is offering something extraordinarily rare: money before the market is convinced. The fast-growing area is rolling out an aggressive package of funding, financing services and…

Inland beauty clusters pursue more than factory margins

Tanzanian merchants try wigs at Xuchang hair expo mall in Xuchang, Henan province, on June 2. WANG YONGTAO/XINHUA ZHENGZHOU — A large share of the world’s makeup brushes and wigs have origins located far from the fashion capitals where they are sold. Local companies in Luyi, a county in Central China’s Henan province, supply more…

Economy of sports more than merely on-field action

I am not what you would call an avid soccer fan. I rarely follow league standings, transfer rumors or match schedules. Yet as the 2026 FIFA World Cup kicked off, I found myself paying attention anyway. Not because of the soccer. But because of Labubu. Pop Mart’s designer toy with its toothy grin made a…