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Concept stores eye consumption bounce

The world’s first ‘Beijing gifts’ coffee concept store was unveiled on Tuesday. [ZHANG WEI/CHINA DAILY] Beijing is accelerating its transformation into a global consumption center by creating a globally attractive retail environment, with the city launching the world’s first “Beijing gifts” coffee concept store on Tuesday, as part of China’s latest moves to spur domestic…

Nation pledges to further bolster digital endeavors

A time tunnel effect is displayed at Guizhou province’s big data demonstration center in Guiyang. [Photo/Xinhua] China will ratchet up efforts to speed up the construction of digital infrastructure and deepen reforms related to the market-oriented allocation of data elements, while advancing the building of a “Digital China”, as the innovation of digital technologies has…

Macro measures to counter difficulties

An overseas buyer visits a porcelain area of the 137th China Import and Export Fair in Guangzhou, Guangdong province, April 23, 2025. [Photo/Xinhua] China’s economy will likely stabilize for the rest of the year despite mounting global uncertainties, economists said on Monday, adding that stronger macroeconomic adjustments and deepened reforms are needed to counter external…

Suzhou’s magnetic pull on investment stronger

Business executives engage in interactions during the 2025 Suzhou Global Investment Promotion Conference in Suzhou, Jiangsu province. [Photo/China Daily] Foreign investment in Jiangsu province’s Suzhou is gaining strong momentum as offshore enterprises further deepen their presence, drawn by the city’s dynamic economy, favorable policies and vibrant innovation ecosystem, said senior executives and industry experts. “The…

Indonesia’s PEV 2025 shows off Chinese EV brands in Jakarta

Moeldoko, general chairman of the Electric Vehicle Industry Association, visits a Denza booth at PEVS 2025, which opened on April 29 in Jakarta. [Photo by LEONARDUS JEGHO/for chinadaily.com.cn] For Chen Riling, chairman of Guangzhou-based Wanxinda Enterprise Group, the weeklong PEVS 2025 that opened on Tuesday is another window not only to Indonesia but also to…

China Unicom to deepen digital-intelligence integration, innovation to empower Digital China

Chen Zhongyue, chairman of China Unicom, delivers a speech at the 8th Digital China Summit in Fuzhou, Fujian province, on Tuesday. [Photo provided to chinadaily.com.cn] China Unicom will step up push to deepen digital-intelligence integration and innovation to empower Digital China construction, said its chairman at the 8th Digital China Summit in Fuzhou, Fujian province,…

Ample arrows in quiver to ride out storm

China is preparing to roll out a series of incremental policy measures to stabilize the overall economy, with policymakers signaling stronger fiscal, monetary and consumption-boosting initiatives on Monday as part of its larger drive to reinforce recovery amid external headwinds. “We will continue to enhance policy research, ensure sufficient contingency plans, refine the policy toolkit…

Rail network projects travel surge during May Day holiday

China’s railway network is projected to see travel surge during the May Day holiday, with the network expected to handle 144 million passenger trips from Tuesday to May 6, according to the China State Railway Group, the national railway operator, on Tuesday. The figure marks a 4.9 percent increase year-on-year, with the peak expected on…

Top 10 Chinese universities with richest alumni

Shenzhen University, with eight billionaire alumni, including Tencent founder and CEO Pony Ma Huateng, listed in Forbes’ list of the World’s Billionaires in 2018 and whose wealth totals 593.5 billion yuan, tops Chinese universities in billionaire alumni generating most wealth. According to a list released by cuaa.net, a third-party university evaluation and consulting research institution,…

Digitalisation in Europe – 2025 edition out now

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