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Coffee, tea, or free?

Take-away delivery staff pick up packages at a milk tea shop in Zhuhai, Guangdong province. CHINA DAILY Amid the growing popularity of food delivery platforms, China’s coffee and tea market this year has been an amalgamation of fire and ice. On the one hand is the hot performance of leading players. New-style tea brands such as…

Measures seek to curb disorderly price competition

A customer selects condiments at a supermarket in Wuxi, East China’s Jiangsu province, Dec 9, 2024. [Photo.Xinhua] China is moving to further curb disorderly price competition, as authorities seek to restore healthy market order, protect fair competition, and bolster the country’s transition toward high-quality development, said officials and experts. In a joint notice released on…

National Day Holiday showcases China’s robust economic vitality

People watch a firework show at a park in Shanghai, east China, Oct 7, 2025. Tourists across the country show no sign of fading enthusiasm as the National Day and Mid-Autumn Festival holiday draws to a close. [Photo/Xinhua] BEIJING – The 2025 “super golden week,” combining the National Day and Mid-Autumn Festival holidays, demonstrated China’s…

China’s National Day holiday draws global tourists

BEIJING – On Oct 1, the first day of China’s eight-day National Day holiday, 70-year-old Nikolayev crossed the border into Manzhouli, a border city in North China’s Inner Mongolia autonomous region. “This is my birthday gift to myself,” said the Russian traveler, beaming as he waved his passport freshly stamped with an entry seal. Fascinated…

IEA: Renewable power set to double by 2030

An array of photovoltaic panels in Otog Front Banner, Inner Mongolia autonomous region. [Photo/CHINA DAILY] Global renewable power capacity is on track to double by 2030, the International Energy Agency said on Tuesday, with nearly 60 percent of the growth projected to come from China, whose record-setting expansion in clean technologies contrasts with slowing progress…

Returning home to take part in Tianmen’s garment e-commerce sector

Employees produce garments at Tianmen Yuezi Clothing Co Ltd in Tianmen, Hubei province, in May 2024. CHINA DAILY In Tianmen, Hubei province, a growing number of entrepreneurs are turning the city into a thriving hub for garment e-commerce, as returnees leverage global platforms to bring local products to international markets. “When I returned from Guangzhou…

Hubei boosts tailored support for startups

A drone-captured aerial image taken on March 16, 2024, shows the Wuhan New Energy Research Institute building in Optics Valley of China in Wuhan, Hubei province. WU ZHIZUN/XINHUA China is expanding its network of high-tech industrial parks to drive innovation and new economic growth, with projects in Hubei province, including the youth pioneer park in…

Electrification rate rises on green efforts

  Employees install power cables on a transmission tower in Chuzhou, Anhui province, on July 29. SONG WEIXING/FOR CHINA DAILY China’s electrification rate has exceeded that of major developed economies in Europe and the United States, driven by the country’s rapid transition to green energy, according to a new report. The annual report on electrification…

Forex reserves hit highest level in decade

A bank staff member counts RMB and US dollar notes in Nantong, Jiangsu province. [Photo/Sipa] China’s foreign exchange reserves stood at the highest level in a decade in September, underscoring the country’s growing economic resilience in the face of external shocks, official data revealed on Tuesday. At the same time, official gold reserves rose for…

Gold breaks $4,000 per ounce, hitting historical high

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