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Porsche unveils new retail center in Beijing

Porsche Center Beijing Chaoyang is the first Destination Porsche retail store in the Chinese capital. [Photo provided to chinadaily.com.cn] German sports car maker Porsche inaugurated Beijing’s first “Destination Porsche” retail center on Tuesday, marking a strategic move to enhance its brand presence and operational efficiency in China’s capital. The 6,200-square-meter facility, located in Wangjing, combines…

Sleep woes awaken huge business potential

Visitors learn about smart sleep products at the 2025 Shenzhen International Intelligent Elderly Care Industry Expo in Shenzhen, Guangdong province, on Sept 12. LIANG XU/XINHUA Cui Jiaojiao, a 31-year-old property agent in Beijing, has tried almost everything. Besieged by sleepless nights, she has stocked up on an arsenal of sleep aids — steam-heated eye masks…

Zespri wins key plant variety rights case

The Wuhan Intermediate People’s Court has ruled in favor of New Zealand kiwifruit brand Zespri in a major plant variety rights infringement case, a landmark decision that experts say underscores China’s stronger intellectual property protection enforcement and expected to boost foreign investor confidence. The court issued its judgment in Zespri’s plant variety rights infringement case,…

China, US trade talks should move beyond tariffs: USCBC president

China-US trade dialogue “should set us up for a better, longer-term trade relationship,” Sean Stein, president of the US-China Business Council, said in an exclusive interview with China Perspective. Stein said he hopes that future trade talks can move beyond tariffs, tax rates and export controls to explore how the two economies can cooperate more…

Tech start-ups to gather at WIC for AI dialogue

The Light of Internet Expo at the 2024 WIC Wuzhen Summit on Nov 19, 2024. [Photo/IC] As a highlight of the 2025 World Internet Conference Wuzhen Summit, executives from the “Six Little Dragons” — a group of rapidly-rising tech start-ups in Hangzhou, including Game Science, DeepSeek, Unitree Robotics, DEEP Robotics, BrainCo and Manycore Tech —…

Hyper-local storage delivers instant retail success

An employee checks goods for cross-border sales at a warehouse in Jinhua, Zhejiang province, on Friday. HU XIAOFEI/FOR CHINA DAILY How soon do Chinese consumers now expect their online orders to arrive at their doorstep? A day or two? A burgeoning sector in China known as instant retail is now delivering a new answer: 30…

Sam’s Club China taps ex-Alibaba exec as head

Consumers browse products at a Sam’s Club store in Changsha, Hunan province, on Sept 7. CHINA DAILY Walmart China has announced that Liu Peng has joined the company as president of Sam’s Club China, its membership-store format, highlighting the retailer’s push to integrate digital innovation with the in-store experience as it accelerates growth in the…

Xiaomi’s first smart home appliance factory starts operation

An aerial drone photo shows Xiaomi’s first smart home appliance factory in Wuhan, central China’s Hubei province, Oct 28, 2025. [Photo/Xinhua] WUHAN — Chinese tech firm Xiaomi launched its first smart home appliance factory in Wuhan, Central China’s Hubei province, on Tuesday, marking a major expansion of the tech giant’s manufacturing footprint beyond smartphones and…

China’s digital RMB transactions top 14.2 trillion yuan

A staff member of the Bank of Communications Beijing Branch instructs a visitor to open a digital RMB wallet on a mobile phone. [Photo/Xinhua] BEIJING — China’s digital RMB ecosystem has been established in preliminary terms, with cumulative transactions reaching 14.2 trillion yuan ($2 trillion) by the end of September 2025, according to the People’s…

Hurun rich list mirrors nation’s innovative forte

The latest Hurun China Rich List unveiled in Shanghai on Tuesday has mirrored the nation’s improved competitiveness in innovation and the advancement of its high-quality economic growth, said Rupert Hoogewerf, Hurun Report chairman and chief researcher. This year’s list, the 27th edition, has seen the largest number from China’s new quality productive forces coming to…