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Smoother platform economy planned

China’s top market regulator unveiled a draft guideline on Sunday to tighten oversight over how e-commerce and online platforms charge merchants, as officials ramp up efforts to promote fairer competition and reduce the operational burden on smaller vendors, which form the backbone of the platform economy. The State Administration for Market Regulation released a 28-article…

A look at China’s economic data in April

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Spring Airlines to launch Shanghai–Hanoi direct flights in July

Spring Airlines will soon launch direct flights between Shanghai and Hanoi, Vietnam, starting July 2, operating four times a week. The 3-hour-45-minute flight (9C6967/9C6968) significantly shortens travel time, bringing the two cities closer. One-way tickets start from 660 yuan ($91), plus tax, which can be purchased through the Spring Airlines app and mini program. Hanoi,…

Greek firm praises China’s innovation at expo

At the recent 4th China-CEEC Expo, Alexaki Ypatia, business development manager of Anastassiadis Group, told China Daily Website during an interview: “Chinese development is remarkable, and the Chinese economy reflects the transition phase from rapid development to high-quality development.” She highlighted that AI and 5G applications are ubiquitous in China. “We can see innovation everywhere…

Fair seen boosting biz in western China

A robot interacts with visitors at the ongoing 20th Western China International Fair in Chengdu, Sichuan province. CHEN DONGDONG/FOR CHINA DAILY The ongoing 20th Western China International Fair, which kicked off on Sunday in Chengdu, capital of Sichuan province, has seen the signing of 416 investment projects totaling 354.3 billion yuan ($49.4 billion), the organizing…

Top executive: ‘China’s bakery industry is evolving at breathtaking speed’

Denis Vergneau, general manager of Sinodis, says China’s bakery industry is evolving at breathtaking speed. [Photo provided to chinadaily.com.cn] Sinodis, the Chinese subsidiary of global dairy leader Savencia, is trying to help shape the future of China’s bakery industry with its innovative products to meet Chinese consumers’ growing appetite for healthier indulgences. Making its appearance…

Exhibition showcases beauty of Chinese jewelry art in Germany

Alan Chan, chief brand officer of Chow Tai Fook Jewellery Group (on the right), introduces jewelry pieces to exhibiting artist Andi Gut. [Photo provided to China Daily] The first collective international debut of Chinese jewelry art in Germany recently took place in the city of Pforzheim. Named Lin Lang — The Chinese Story of Jewellery…

Cotti Coffee sets up new base to empower Chinese flavors’ global reach

Representatives from Cotti Coffee, a top-tier brand with significant influence at home and abroad, signed an agreement with the municipal government of Lincang in Yunnan province, designating Lincang as a core base for its domestic coffee cultivation, fruit processing, and deep processing. [Photo provided to chinadaily.com.cn] Cotti Coffee, a top-tier Chinese brand in the ready-made…

Celebrating 20 years of the ‘European Statistics Code of Practice’

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Hainan’s new moves in opening-up

As Hainan moves toward special Customs operations, it becomes a living lab for China’s future-focused reforms. “(There are) a lot of things to cooperate between ASEAN, Indonesia and Hainan,” said Djauhari Oratmangun, Indonesian ambassador to China, at a meeting on major trends of China’s expanded opening-up. From trade facilitation to institutional innovation, Hainan offered a…