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Gen Z’s craze for guzi turning into sizzling biz

Consumers check out toys at a Pop Mart store in Shanghai on July 24. CHINA DAILY Driven by emotional resonance and the pursuit of personal interests, China’s “emotional economy” is fast evolving from an emerging consumer trend into a powerful engine for growth, said industry experts. As the 22nd China Digital Entertainment Expo and Conference,…

China sees positive price trends in July amid demand pickup

BEIJING — China reported positive signs in terms of both consumer and producer prices last month, as government policies to boost domestic demand continued to take hold. The consumer price index (CPI), a main gauge of inflation, climbed 0.4 percent in July compared with the previous month, reversing a 0.1-percent drop in June and exceeding…

Smart driving gets closer to consumers

Chinese consumers will experience greater access to newer and more breakthrough smart driving technology as a leading local manufacturer of intelligent driving solutions accelerates innovation and the availability of novel features in mass-market vehicles. “As both domestic and international automakers place growing emphasis on intelligent driving systems, advanced features are increasingly making their way into…

Dual-track approach to aid currency

A visitor displays a cup of coffee purchased with China’s digital yuan, or the e-CNY, April 26, 2023. [Photo/Xinhua] As global currency competition intensifies in the digital space, Chinese economists are urging a dual-track approach to strengthen China’s monetary position — leveraging both central bank digital currency innovation and stablecoin development, with a clear eye…

Humanoid robots seen as pivotal future phenomenon

  More than 100 cutting-edge robotics products premiered at the 2025 World Robot Conference, which opened in Beijing on Friday. [JIN LIWANG / XINHUA] China is sharpening its focus on humanoid robots as a pivotal industry to fuel economic growth and cement its status as a global innovation pioneer, officials, experts and company executives said…

Beijing’s robot-themed restaurant wows visitors

A customer interacts with a robot bartender at Beijing’s first robot-themed restaurant, which opened on Friday in E-Town. [Photo by Zhang Xiangyi/China News Service] A primary school student visiting Beijing’s latest attraction — a robot-themed restaurant in the capital’s E-Town technology hub — was amazed to see a humanoid robot slice a cake with perfect…

Key figures on Europe – annual inflation rate

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Temporary protection for 4.31 million people in June

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Foreign firms boost growth in Beijing’s Chaoyang district

A distant view of the Guomao CBD skyline in Chaoyang district, Beijing, on July 5, 2025. [Photo/VCG] Foreign companies are helping drive strong economic growth in Beijing’s Chaoyang district, with GDP expanding by 5.1 percent in the first half of the year, said a senior official of the district in a media conference. The district…