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Secondhand luxury goods sellers tap overseas markets

Customers select items at a secondhand luxury goods shop in Wuhan, Hubei province, in January. MIAO JIAN/YI TIAN/FOR CHINA DAILY Sarah Johnson, a schoolteacher from Los Angeles, the United States, thought the $1,290 retail price of a Louis Vuitton bag was too much for her on a teacher’s salary. In September 2024, she found a…

Pizza brands refine growth plans in China

A Domino’s Pizza store operates at a shopping mall in Shanghai on April 8. CHINA DAILY The pizza market in China is being reshaped by rapid expansion into lower-tier cities and shifting consumer preferences, forcing brands to rethink how they compete and grow. Against this backdrop, DPC Dash Ltd, or Domino’s Pizza China, reported another…

Financial literacy shows uptick among households

With wider adoption of artificial intelligence by institutions as well as investors, Chinese households have seen an improvement in their average financial literacy for a third consecutive year even as the idea of long-term investment has yet to gain traction, according to a new report. The report, jointly released by Shanghai Jiao Tong University’s Shanghai…

Chery Commercial Vehicle launches DELIVAN brand in UK

The DELIVAN brand from Chery Commercial Vehicle makes its debut at the Birmingham Commercial Vehicle Show in the UK on April 21, 2026. [Photo provided to chinadaily.com.cn] Chery Commercial Vehicle unveiled its new brand DELIVAN on Tuesday at the Birmingham Commercial Vehicle Show, marking a further step in its expansion into the European market. The…

Concentrated solar power sees big leap

China has achieved a global technological breakthrough in the concentrated solar power (CSP) sector, successfully verifying the world’s largest molten salt trough collector system, project developer China General Nuclear Power Corp (CGN) announced on Tuesday. The technological validation of the 8.6-meter aperture molten salt trough collector equipment and process — the widest of its kind…

Major firms vie for nation’s fried chicken market

A Popeyes store, the brand’s first company-owned outlet in Beijing, opens at Oriental Plaza in Wangfujing, Beijing. SONG JIARU/FOR CHINA DAILY Global quick-service restaurant chains are stepping up their bets on the fried chicken market in China. They are wagering that scale, localization and franchising can help unlock growth in one of the world’s most…

Biz with New Zealand set to soar

Destination marketing body Tataki Auckland Unlimited will spare no efforts to foster economic and tourism development between China and New Zealand, said a senior executive. Annie Dundas, director destination at TAU, said: “Before the pandemic, 400,000 Chinese visitors went to New Zealand every year, and the number dropped to around 262,000 last year. There is…