Customers browse smartphones with government subsidies at a shopping mall in Jiaxing, Zhejiang province, on June 27. JIN PENG/FOR CHINA DAILY Spending just 1,500 yuan ($210) per month on rent, but happily going on a seven-day trip that costs 10,000 yuan, is an example of the current consumption value of the post-00s generation, or those born…
Chinese semiconductor companies are unveiling new products featuring cutting-edge technologies at the ongoing WESEMiBAY Semiconductor Ecosystem Expo, which opened in Shenzhen on Wednesday. The development echoes the views of industry leaders and experts, who assert that China is experiencing rapid growth and achieving breakthroughs across multiple domains of the industry. Shenzhen LongSight Technology unveiled the…
A view of a Zara store in Beijing. CHINA DAILY Spanish fashion giant Inditex is betting on enhanced flagship store experiences and digital innovation to strengthen its presence in China as CEO Oscar Garcia Maceiras underscored the country’s importance to Zara’s parent company’s global strategy during a lecture at Fudan University in his latest visit to…
A staff member synchronizes robot actions at Leju Robotics in Shenzhen, South China’s Guangdong province, March 27, 2025. [Photo/Xinhua] China has released a new four-year plan to accelerate the integration of advanced manufacturing with modern services, aiming to make “service-oriented manufacturing” a key driver of high-quality industrial growth by 2028. Service-oriented manufacturing is a business…
Crowds flock to China Duty Free Group’s Haikou International Duty Free Shopping Complex during the 2025 National Day holiday. [Photo provided to chinadaily.com.cn] Travelers from Hainan province will have a wider array of duty-free goods to choose from under a policy expansion set to take effect Nov 1, including pet supplies, small drones, and portable…
Workers inspect durian in Chanthaburi Province, Thailand, before placing the fruit into trucks for export to China on May 9. LAUREN DECICCA/GETTY IMAGES SHANGHAI — China’s General Administration of Customs (GAC) on Wednesday granted market access to 15 categories of food products from 10 countries, including South Africa and Belarus, paving the way for more…
China’s consumer and factory-gate prices showed further signs of stabilization in September, as recovering domestic demand, industrial upgrading and policy support helped narrow price declines and strengthen underlying inflation momentum, analysts said on Wednesday. The National Bureau of Statistics said the consumer price index, the main gauge of inflation, fell 0.3 percent year-on-year in September,…
Scania held the inauguration of its industrial hub in Rugao of East China’s Jiangsu province on Wednesday, marking the Swedish truck maker’s first fully owned factory in China. Covering about 800,000 square meters, the new facility entails a 2 billion euros ($2.3 billion) investment, the company’s largest overseas investment in 60 years. It is Scania’s…
Scania held the inauguration of its industrial hub in Rugao of East China’s Jiangsu province on Wednesday. [Photo provided to chinadaily.com.cn] Scania held the inauguration of its industrial hub in Rugao of East China’s Jiangsu province on Wednesday, marking the Swedish truck maker’s first fully owned factory in China. Covering about 800,000 square meters, the…
China filed a request for consultations with India at the World Trade Organization on Wednesday, regarding India’s subsidy measures for electric vehicles and batteries, the Ministry of Commerce said. India’s subsidy measures are suspected of violating multiple obligations, including national treatment, and constitute import substitution subsidies explicitly prohibited by the WTO, the ministry said. These…