The recent surge in tomato prices in China was mainly due to the impact of unfavorable weather earlier in the season and tight supplies during the peak marketing period, experts said. Prices have started to ease slightly in mid-January and are likely to see a seasonal decline after the Spring Festival holiday in mid-February. Tomato…
China’s foreign trade is positioned for steady expansion this year despite mounting pressures, building on the strengths exhibited last year — a sustained shift up the value chain in exports, a broadening network of global partners and a supersized domestic market opening wider to imports, said officials and experts. Beijing’s push for balanced trade will…
A full shelf of Lao Gan Ma chili sauce is seen at a supermarket in London, the United Kingdom, on Thursday. Wan Jindong / for China Daily Lao Gan Ma, the iconic brand of chili sauce that has been a fixture in Chinese kitchens for decades, continues to enjoy unabated popularity abroad thanks to its…
Laoganma’s Guiding county branch in Qiannan Bouyei and Miao autonomous prefecture, Guizhou province. [Photo by Liu Boqian / chinadaily.com.cn] Popular chili sauce maker Laoganma is approaching its 2020 revenue peak of 5.4 billion yuan (about $774 million), according to newly disclosed 2024 figures, with e-commerce marketing appearing to play a limited role. The Guizhou Provincial…
This photo taken on July 28, 2025 shows a view of China Changan Automobile Group’s digital and intelligent factory for the new energy vehicle AVATR in Southwest China’s Chongqing municipality. [Photo/Xinhua] China’s automobile production and sales reached 34.53 million units and 34.4 million units, respectively, in 2025 — up 10.4 percent and 9.4 percent year-on-year…
Huawei has returned to the number one position in China’s smartphone market in 2025, according to the latest report from the market research company International Data Corp. This marks a significant shift in the competitive landscape of the world’s largest smartphone market as Huawei managed to overcome the challenges from the US government’s restrictions to…
Meng Lei, China equity strategist of UBS Securities, said during an interview with China Daily that with the narrowing decline in the Producer Price Index (PPI) and its gradual shift from negative to positive, the profit growth rate of A shares is expected to rise. At the same time, against the backdrop of an active…
Key figures on the European food chain – 2025 edition, published in December, traces the journey of our food from farm to fork using the most recent data. The publication covers the entire food chain, including production, processing, distribution, international trade, consumption and environmental concerns. Today, we focus on the people who produce the food,…
BEIJING – China’s used car market hit a record high in 2025, with transactions topping 20 million units, according to data from the China Automobile Dealers Association (CADA). In December, the vehicle transfer rate, a key gauge of cross-regional circulation, climbed to 34.9 percent, up 4.7 percentage points from a year earlier. The increase has…
An aerial photo of the world’s first 20-megawatt offshore wind turbine in the waters off of Zhangzhou, East China’s Fujian province, on Jan 13, 2026. [Photo/Xinhua] The world’s first 20-megawatt offshore wind turbine was successfully installed in the waters off of East China’s Fujian province on Tuesday, its operator, China Three Gorges Corp (CTG), said.…