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Shanghai reports rise in online spending over New Year holiday

Shanghai has reported a rise in online retail spending over the New Year holiday, while street store trade remained comparable to last year. Average daily consumption in Shanghai during the three-day New Year holiday, which began on Thursday, reached 12.2 billion yuan ($1.74 billion), up 2.5 percent year-on-year, statistics released by the Consumer Market Big…

China’s largest offshore gas field produces 4.5-mln-ton oil equivalent in 2025

An aerial drone photo taken in April 2025 shows the Deep Sea No 1 energy station, in South China’s island province of Hainan. [Photo/CNOOC/Handout via Xinhua] HAIKOU — China’s largest offshore gas field, named Deep Sea No 1, has recently completed its 100th shipment of crude oil since being put into production, announced the China…

China’s low-altitude equipment sector grows fast during 2021-25

BEIJING — China’s low-altitude equipment industry has continuously expanded, with the industry output value maintaining an average annual growth rate of over 10 percent during the 14th Five-Year Plan period (2021-25), official data showed Sunday. As of Dec 30, 2025, a total of 1,081 enterprises have completed registration in this sector, with 3,623 types of…

Why Shanghai is CEOs’ top choice?

On Jan 4, Shanghai released the newest edition of the action plan on improving its business environment. This plan aims to further cultivate a world-class business environment, effectively enhancing business satisfaction. Over the past year, China Daily Shanghai bureau sat down with CEOs of several famous multinational corporations. Listen to their insights on Shanghai’s business…

Women seen at forefront of AI adoption

LI MIN/CHINA DAILY For decades, the corporate world fostered a persistent stereotype: technology is a male-dominated domain, and women are slower to adopt the tools of the future. That assumption is now being challenged by data from China’s rapidly digitizing workplace. As generative artificial intelligence spreads through offices and factories alike, it is female professionals…

Central China city threading up success

Employees work on the production line of a garment company in Tianmen, Hubei province. KE HAO/FOR CHINA DAILY From an epoch when 300,000 garment workers left their hometowns in search of opportunities in South China, to today’s wave of skilled natives returning home to start businesses, Tianmen in Hubei province has rapidly risen as an unexpected…

China Daily’s ‘Shopping in China’ platform appeals to intl audiences

Liu Weiling, deputy editor-in-chief of China Daily, announces the official launch of China Daily’s “Shopping in China” International Communication Platform on Saturday in Shanghai. [Photo/chinadaily.com.cn] With the roll-out of new measures to boost consumption among both inbound visitors and local residents in China, China Daily officially launched an international communication platform in Shanghai on Saturday…