Pop Mart figures pictured in a Pop Mart store in Xi’an, Shaanxi province, on May 4, 2025. [Photo/VCG] Pop Mart International Group Ltd, a China-based trendy collectible toy maker, is receiving optimistic outlooks from major investment banks, fueled by the success of its flagship IP, Labubu and ambitious store expansion initiatives. JPMorgan recently released a…
Trump’s outbursts are hardly surprising anymore, but this one couldn’t be more wrong:“The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE…”President Trump also suggested that he would impose a 50% import tariff on all EU goods starting June 1st. Two days later Trump said he…
Visitors tour the 5th BEYOND Expo, which gathers over 800 companies to explore emerging technological trends with a theme of “exploring limitless possibilities”. [Photo provided to chinadaily.com.cn] Eyeing a trend when technology meets new consumption, Macao’s fintech pioneer MACAU Pass is intensifying its commitment to smart living for all by sticking to innovation, and helping…
Transfar Group is investing heavily to mobilize its 16,000-strong workforce in upskilling, digitalization and technological innovation, as the Chinese chemicals leader seeks to stabilize employment and advance industrial transformation amid rising global economic uncertainties. Faced with a more volatile global environment, Transfar said its long-term success now hinges on evolving beyond its comfort zones. The…
AliExpress’ booth is seen during a trade fair in Shanghai in March. CHINA DAILY Alibaba Group’s e-commerce platform Taobao said on Thursday that its free global delivery service will expand to 12 countries and regions during the June 18 shopping carnival, as the company steps up its international footprint. Experts said the move will let…
Battery-swapping heavy-duty trucks are showcased in Datong, Shanxi province, on May 18. ZHU XINGXIN/CHINA DAILY Some of the biggest new energy vehicle giants are putting their efforts into heavy-duty trucks, a sector which is expected to gain momentum and become a major growth driver in China’s commercial vehicle market. The heavy truck industry will see explosive…
Visitors check out Florasis’ artificial intelligence devices during the China International Consumer Products Expo in Haikou, Hainan province, in April. LUO YUNFEI/CHINA NEWS SERVICE Huaxizi, also known as Florasis, a Chinese beauty brand with cultural and aesthetic attributes, continues to increase research and development and smart manufacturing efforts, as the domestic cosmetics sector becomes more…
A promotional display arc for the midyear “618” shopping festival from Chinese e-commerce platform JD is seen in a mall in Shenyang, Liaoning province, on May 22, 2025. [Photo/VCG] This year’s June 18 online shopping carnival — also known as “618” — has kicked off one week earlier than previously. Scrolling through cross-border e-commerce platforms…
A view of the Huangpu River in Shanghai. [Photo/VCG] China’s top market regulator unveiled draft guidelines on Sunday to tighten oversight of how e-commerce and online platforms charge merchants, as Beijing ramps up efforts to promote fairer competition and reduce the operational burden on smaller vendors, who form the backbone of the platform economy. The…
YIWU, Zhejiang — Despite global tariff headwinds, East China’s Yiwu, a renowned global trading hub known as the “world’s supermarket,” stays bustling as usual. Colorful toys, sleek electronics and intricate handicrafts continue to roll off assembly lines here, exhibiting the rhythm of global commerce that refuses to skip a beat. In the first quarter of…