A resident takes photos of a Labubu toy at the Taipa exhibition area of “POP MART MACAO CITYWALK” in South China’s Macao, June 6, 2025. The tourism office of China’s Macao Special Administrative Region (SAR) government, together with China’s trendy toy maker POP MART, on Friday launched “POP MART MACAO CITYWALK,” a cultural tourism initiative…
German adhesive solutions manufacturer tesa is doubling down on China’s booming energy storage sector. “The global energy storage sector is a super attractive market, which is very much driven by China. There’s plenty of opportunities to deal with…We will continue to invest in China,” said Stephen Hauber, president and regional manager of tesa Greater China. …
China has approved a number of export license applications for rare earth-related items amid surging overseas demand for medium and heavy rare earth elements used in the high-tech manufacturing sector, the Ministry of Commerce said in a recent statement. Trade analysts said this approach seeks to balance China’s resource security interests with its role as…
Technological companies from both home and abroad are set to showcase their latest innovation and offerings at the upcoming 11th China (Shanghai) International Technology Fair (CSITF), which will be held from June 11 to 13 in Shanghai, organizers said Thursday at a news conference. Hosted by the Shanghai Municipal Government, this year’s fair will gather…
Changan showcases latest products at its booth at Auto Shanghai, which kicked off on April 23, 2025. [Photo provided to chinadaily.com.cn] Changan Automobile, a Chongqing-headquartered automaker owning 14 manufacturing bases and 34 plants across the world, will operate as an independent centrally administered State-owned enterprise, said the company in a statement on Thursday. Changan Automobile…
BEIJING – China’s Minister of Commerce Wang Wentao and European Commissioner for Trade and Economic Security Maros Sefcovic held talks in Paris on June 3 on the EU’s anti-subsidy case involving Chinese electric vehicles (EVs), China’s anti-dumping investigation into brandy originating from the EU, and export control policies, a Ministry of Commerce spokesperson said Saturday.…
BEIJING — China has approved a certain number of export license applications for rare earth-related items, considering rising global demand for medium and heavy rare earth elements driven by industries such as robotics and new energy vehicles, a spokesperson with the Ministry of Commerce said Saturday. Rare earth-related items have dual-use attributes for both military…
Huaxia Bank has gained approval from the People’s Bank of China to issue up to 10 billion yuan ($1.4 billion) of green bonds. [Photo/Sipa] BEIJING – Huaxia Bank, a mid-sized lender in China, has gained approval from the People’s Bank of China to issue up to 10 billion yuan ($1.4 billion) of green bonds to…
Data shows China had 193,000 convenience stores in 2020. The sales volume of branded chain convenience stores in China reached 296.1 billion yuan ($46.08 billion), up about 6 percent year-on-year. The China Chain Store Association and KPMG released a report on the development of China’s convenience stores on May 13 based on 89 convenience store…
The market value of the 87 listed home appliances companies in China reached 2.05 trillion yuan ($322.76 billion) as of Dec 31, 2021, with three exceeding 100 billion yuan and one topping 500 billion yuan. Midea Group, Haier Smart Home and Gree Electric Appliances grabbed the top 3 places in market value. The top 10…