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Innovation key growth driver in skincare mkt

A visitor (left) browses cosmetics during the 67th China International Beauty Expo at the National Exhibition and Convention Center in Shanghai on June 25. [Photo provided to China Daily] Huaxizi, also known as Florasis, a Chinese beauty brand with cultural and aesthetic attributes, first introduced the company’s skincare line in September, a move driven by…

China’s landmark trade corridor cargo volume jumps 70.3% in first three quarters

NANNING – Cargo volume on the New International Land-Sea Trade Corridor surged 70.3 percent year on year to 1.09 million twenty-foot equivalent units (TEUs) in the first three quarters of this year, according to the China Railway Nanning Group Co, Ltd. “This year has seen the fastest growth in cargo volume since the launch of…

China targets unified, open natl market

China has issued a regulation on implementing domestic product standards and related policies in government procurement, a move that experts say will help foster a first-class business environment that is market-oriented, law-based and internationalized. Shu Wenqi, deputy director of the China Institute for Urban Development, said building a unified, open and orderly competitive government procurement…

Guangdong business community urged to contribute to GBA development

Entrepreneurs and business representatives from Guangdong have been urged to help build a world-class Guangdong-Hong Kong-Macao Greater Bay Area by carrying forward their pioneering spirit to invest and root in the province. Lin Keqing, chairman of the Guangdong Committee of the Chinese People’s Political Consultative Conference, said business people from the province have always been an…

China’s first international-sponsored retail C-REIT listed on stock exchange

CapitaLand Investment Ltd (CLI), Singapore-based real estate manager, listed CapitaLand Commercial C-REIT (CLCR), China’s first international-sponsored retail C-REIT, on the Shanghai Stock Exchange (SSE) on Monday.  CLCR began trading under the stock code 508091 at 6.84 yuan ($0.96), 19.6 percent above its initial public offering price of 5.718 yuan per unit. The IPO raised 2.29 billion…

BOC powers cross-border trade expansion

Clockwise from top: The booth of the Bank of China at the 2025 China Langfang International Economic and Trade Fair.A BOC staff member poses with a foreign visitor in front of the bank’s e-CNY product area at the fair. A woman is served at BOC’s payment service center in Shaanxi province. [Photos provided to China…

China’s internet sector logs steady revenue growth in Jan-Aug

Visitors gather at the 2024 World Internet Conference & Light of Internet Expo in Wuzhen, Zhejiang province. WANG JING/CHINA DAILY BEIJING — China’s internet sector saw solid growth in business revenue in the first eight months of 2025, data from the Ministry of Industry and Information Technology showed. From January to August, China’s major internet companies…

Policies boost consumer demand as bank steps in

A visitor at the 2025 China Langfang International Economic and Trade Fair asks about financial products at the booth of BOC. [Photo provided to China Daily] This year, China has rolled out targeted policies to invigorate its consumer market. These initiatives include refinancing support for elderly care services, interest subsidy programs for personal consumer loans…

September manufacturing PMI rises; market demand seen to be recovering

This photo taken on Sept 17, 2025 shows industrial robots produced by EFORT Intelligent Robot Co Ltd in Wuhu, East China’s Anhui province. [Photo/Xinhua] China’s official manufacturing purchasing managers’ index for September stood at 49.8, up from 49.4 in August and marking the second consecutive monthly increase, according to data released on Tuesday by the…

China’s CPI up 0.1% in December

China’s consumer prices increased modestly in December while factory-gate prices saw a slowdown in annual declines, official data showed on Thursday. The country’s consumer price index, a main gauge of inflation, rose by 0.1 percent year-on-year in December after a 0.2 percent rise in November, the National Bureau of Statistics said.  Within the CPI, food…