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Many paws driving pet economy growth

A visitor interacts with cats during a pet expo in Shanghai in May. According to market consultancy iiMedia Research, China’s pet industry is expected to reach 1.15 trillion yuan ($162 billion) by 2028. FANG ZHE/XINHUA Wang Lihong, who prefers to be called “Congcong’s mom” rather than by her own name, and her five-year-old Yorkshire terrier have…

Launch of CapitaLand REIT sign of further opening-up

A pedestrian passes the Shanghai Stock Exchange in Pudong New Area. WANG GANG/FOR CHINA DAILY China took another step toward further opening its capital market to international investors as its first foreign-invested consumer real estate investment trust (REIT) made a solid debut on the Shanghai Stock Exchange recently. Analysts said the listing marks a key…

White goods, electronics hot items in holiday

Visitors take photographs of a panda installation at a shopping mall in Shanghai on Saturday. YIN LIQIN/CHINA NEWS SERVICE Chinese consumers are enthusiastically unleashing their massive purchasing power during the eight-day National Day and Mid-Autumn Festival holiday, with intelligent household appliances and electronic products gaining popularity amid the country’s vigorous measures to boost consumption. Experts…

Save the date: webinar on AI for official statistics

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Services production down by 0.2% in the euro area and by 0.1% in the EU

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21.5% of EU enterprises had ICT security incidents in 2023

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