China is likely to set an economic growth target of around 5 percent for 2026, a goal that requires more forceful measures to overcome the persistent constraint of insufficient domestic demand, a senior economist told China Daily. “A sustained period of modest price levels for both goods and capital is exerting a drag on China’s…
An audience poses for a photo next to a poster of the film Pegasus 3, at a theatre in Yinchuan city, Ningxia Hui autonomous region, on Feb 20, 2026. [Photo/Xinhua] BEIJING – China’s box office revenue during the nine-day Spring Festival holiday that ended Monday totaled 5.75 billion yuan ($828.65 million), with total admissions hitting 120…
Commuters take the metro at Duomo, Milan ahead of the Milano Cortina 2026 Winter Olympic Games, Italy, on Feb 5, 2026. [Photo/VCG] As the Milano-Cortina 2026 Winter Olympics concluded on Sunday, the increasing visibility of Chinese brands on the global stage highlighted a transition toward proprietary innovation and wider international endorsement within the high-performance sports…
China’s growth potential, which is unparalleled worldwide and which is mainly propelled by improved tech competency, is the major reason why APS Asset Management has decided to go “all in on China”, the company’s top executive said. Wong Kok Hoi, founder and executive chairman, made the remarks on Feb 10, when the Singaporean asset manager…
Intricate brick carvings adorn the Chen Clan Ancestral Hall, a must-see historical site in Guangzhou. [Photo provided to China Daily] A Lingnan-themed city walk can begin… Read More »Lingnan: If you go – Chinadaily.com.cn
A saleswoman (right) addresses consumer queries about a washing machine at a shopping center in Jiaxing, Zhejiang province, on Saturday. JIN PENG/FOR CHINA DAILY A distinct shift in consumption trends marked this year’s Spring Festival, as the integration of online and offline sales of local specialties, coupled with a surge in IP co-branded cultural items…
Customers visit a KFC restaurant in Weihai, Shandong province, on Jan 30. Yum China, operator of KFC, posted a 9 percent increase in total revenue for the fourth quarter of 2025. TANG KE/FOR CHINA DAILY Two of the world’s leading quick-service restaurant chains — McDonald’s and Yum China — posted growth in the Chinese market…
BEIJING – China’s Ministry of Commerce on Tuesday added 20 Japanese entities, including Mitsubishi Heavy Industries Shipbuilding Co, to its export control list to safeguard national security and interests and fulfill international obligations such as non-proliferation. Export operators are prohibited from exporting dual-use items to the entities, which are involved in enhancing Japan’s military capabilities. Overseas…
Foreign entrepreneurs investing in China focus on industrial services, energy, public utilities and resources, and consumer industries, said Zhou Xing, head of public affairs at PwC China to China Daily Website during a recent interview. Investors are optimistic about China’s full industrial chain ecosystem, with new energy and resources sectors boasting strong global appeal and…
A saleswoman (right) addresses consumer queries about a washing machine at a shopping center in Jiaxing, Zhejiang province, on Saturday. JIN PENG/FOR CHINA DAILY A distinct shift in consumption trends marked this year’s Spring Festival, as the integration of online and offline sales of local specialties, coupled with a surge in IP co-branded cultural items…