China’s retail sector is entering a critical phase of transformation, with growth in 2026 expected to hinge less on foot traffic, channel expansion or price subsidies, and more on brands’ ability to meet consumers’ personal, emotional and experiential needs, according to a new report by world’s leading consumer intelligence firm NielsenIQ. In its report, “Guide…
A clerk counts cash at a bank in Nantong, South China’s Jiangsu province. [Photo/Sipa] BEIJING – Some 10.1 trillion yuan ($1.43 trillion) was raised by over 2,300 enterprises through debt financing instruments on China’s interbank market last year, data from the National Association of Financial Market Institutional Investors showed. This marks the second consecutive year…
This photo taken on Nov 4, 2025 shows the 138th edition of the China Import and Export Fair in Guangzhou, South China’s Guangdong province. [Photo/Xinhua] The China Import and Export Fair, often called the Canton Fair, has rolled out a new indoor navigation service aimed at helping exhibitors and buyers find their way through its…
China’s top antitrust body said on Friday that it has launched probes into the competitive conditions within the country’s food delivery sector, citing concerns over intensifying price wars, heavy subsidies and traffic manipulation that regulators warn are distorting the market and squeezing the real economy. The office of the anti-monopoly and anti-unfair competition committee under the State…
An aerial view of the Yangshan Port in Shanghai, on July 26, 2025. [Photo/Xinhua] Shanghai’s continued efforts to improve its business environment are conducive to creating a vibrant ecosystem for technological innovation, which serves as a key growth engine for the city’s high-quality economic development, officials and company executives said. A new action plan developed…
The 200,000th vehicle of Voyah, a Chinese NEV brand, rolls off the assembly line in Wuhan, Central China’s Hubei province, April 9, 2025. [Photo/Xinhua] China’s auto market is undergoing a period of intensified competition, with the focus gradually shifting away from large-scale price cuts toward product capability and structural adjustment. While competition remains fierce, price…
The view of Shanghai’s CBD is seen in this photo. [Photo/VCG] China’s economy has maintained steady momentum, but pressures from a still-weak domestic demand remain pronounced, reinforcing calls from a top expert for coordinated efforts in opening-up and innovation to prioritize domestic demand, with a focus on unlocking the potential of services consumption. “As the…
China’s consumer inflation accelerated at its fastest pace in nearly three years in December, while the decline in factory-gate prices narrowed, official data showed on Friday. The country’s consumer price index, the main gauge of inflation, rose by 0.8 percent year-on-year in December, following a 0.7 percent rise in November, marking the highest level since…
China’s cosmetic business is in the midst of a “profound transformation”, an industry expert has said. “The core competitiveness of China’s cosmetics industry is shifting from products and channels to brand building and value communication in a cross-cultural context, and systematic research is the key foundation supporting the high-quality development of the industry,” according to…
Two newly built cable lines, Lilong AW17 and Liyue AW18, have recently come online in Jinhua, Zhejiang province, a move that is helping ease power constraints for high-tech enterprises and supporting the rapid growth of the city’s new energy vehicle industry cluster. Operated by State Grid Jinhua Power Supply Company, the two full-cable lines are…