Anta Sports, a leading sportswear firm. [Photo by Sun Chi/chinadaily.com.cn] The country’s leading sportswear producer Anta Sports Products reported a 13.8 percent year-on-year increase in revenue to 33.74 billion yuan ($4.73 billion) in the first six months of this year. According to the company’s interim report for 2024, its main brand, Anta, saw a 13.5…
A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] China’s general public budget expenditure expanded 2.5 percent year-on-year in the first seven months of 2024 and is poised to maintain a steady growth trend over the coming months, the Ministry of Finance said on Monday. According to the ministry,…
People savor mushroom hotpot at a restaurant in Wenshan Zhuang and Miao autonomous prefecture, Yunnan province, in July. [Photo/Xinhua] China’s catering sector has witnessed fierce competition over the past few years, especially in the niche hotpot segment, with local hotpot businesses adopting a string of strategies of late to better attract customers. These include lowering…
Visitors preview the latest car models at the 26th Chengdu Motor Show in Chengdu, the capital of Southwest China’s Sichuan province, in August 2023. [Photo provided to chinadaily.com.cn] The 27th Chengdu Motor Show is set to kick off on Friday in the Sichuan capital, with more than 1,600 vehicle models from 130 domestic and foreign…
China’s GDP grew by 5 percent year-on-year in the first half of 2024 to 61.68 trillion yuan ($8.49 trillion), showcasing a steady economic rebound, data from the National Bureau of Statistics showed on Monday. Let’s check out more economic figures of the H1. Thanks to Chinadaily.com.cn Please visit: Our Sponsor
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The exhibition area of the China International Big Data Industry Expo 2023 in Guiyang, capital of Southwest China’s Guizhou province, on May 25, 2023. [Photo/VCG] China will ratchet up resources to accelerate the building of basic systems for data and leverage innovative digital technologies to bolster industrial upgrading, part of a broader push to promote…
A construction crew works at a housing project in Shanghai in June. WANG GANG/FOR CHINA DAILY Shanghai announced policies to optimize housing supply standards in order to better address new buying demand, said experts on Thursday. The Shanghai government revised the definition of small and medium-sized apartment categories on Tuesday, with the standard gross floor area…
Chen Zhongyue, chairman of China Unicom, speaks at the China International Big Data Industry Expo 2024 in Guiyang, Guizhou province, on Thursday. [Photo provided to China Daily] China Unicom will step up efforts to accelerate the construction of intelligent computing infrastructure, build the next-generation internet and achieve breakthroughs in the key technologies of big data…
A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. [Photo/Xinhua] China is expected to make more efforts to optimize the fiscal relationship between the central and local governments, thereby strengthening fiscal sustainability while ensuring macroeconomic adjustment capability, to further unleash development potential of the Chinese economy,…