Shein and Temu, two popular Chinese cross-border e-commerce platforms, have announced that they will raise prices for US consumers starting next week, a move that comes amid tariff hikes by the Trump administration. In a notice published on its official website, Shein told customers that “price adjustments” will go into effect on April 25. The…
Direct flights linking Japan’s Kobe and Chinese cities of Shanghai and Nanjing, Jiangsu province were launched by Shanghai-based airliner Juneyao Airlines on Friday (April 18) and Saturday (April 19), respectively, marking the first batch of international flights operated at Kobe Airport. The two new direct flights, both operational on a daily basis, would further enrich…
An action plan to further improve the facilitation of cross-border financial services provided in Shanghai was released on Monday, aiming to step up the support for Chinese companies’ outbound reach and better address the country’s Belt and Road Initiative. Made up of 18 detailed policies, the action plan will support various market entities to participate…
Students of an undergraduate program in home support services at Shanghai Open University attend a cooking class in July 2020. [Photo/chinanews.com] China will further promote the development of its home-based service sector including housekeeping, elder care and childcare services by expanding the scale and upgrading the service quality, and thus cultivate new growth point of…
Chinese e-commerce giant JD announced on Monday that, starting today, consumers who wait more than 20 minutes for their takeaway orders will receive them free of charge. This move comes as its rival restricts food delivery riders to take orders from only one platform. The company said in an open letter that it will step…
The 5th China International Consumer Products Expo takes place on Sunday in Haikou, Hainan province. [By LI TIANPING/for chinadaily.com.cn] HAIKOU – Driven by booming tourism, innovative policies and robust retail growth, China’s island province of Hainan is rapidly becoming a vital domestic and international consumption destination, said a white paper released during the ongoing 5th…
Technicians from China Mobile check a 5G base station in Tongling, Anhui province. [Photo by Guo Shining/For China Daily] BEIJING – The number of 5G base stations in China has topped over 4.39 million by the end of March, with the user penetration rate reaching 75.9 percent, the Ministry of Industry and Information Technology (MIIT)…
BEIJING – China COSCO Shipping Corp Ltd said on Monday that it firmly opposes the US accusations and its subsequent measures on China’s maritime, logistics and shipbuilding sectors. The US move is discriminatory and based on erroneous facts, the company said in a statement. The statement was in response to the restrictive measures imposed by…
[Photo provided to chinadaily.com.cn] Founded in February 2024, the Shanghai Eastern Hub International Business Cooperation Zone (IBCZ) will start operation in Pudong New Area this year, aiming to become a pacesetter for China’s high-level opening-up. The zone will serve as a platform linking global resources and fostering win-win collaboration, injecting “Chinese momentum” into global economic…
Current trade turmoil could severely damage China’s economy. For years, China’s leadership has responded with little more than political buzzwords in defense of multilateralism. Even as global decoupling pressures grew, Xi’s China chose deferral over reform — year after year.Trade-wise, despite mounting tensions, China’s posture toward the U.S. and EU has barely shifted throughout Xi’s…