As China doubles down on expanding domestic demand, the next wave of consumption growth is being driven by artificial intelligence-powered retail and a rapid diversification of service sectors, analysts and executives said. Final consumption expenditure contributed 52 percent to China’s economic growth in 2025, cementing its role as the primary engine of the world’s second-largest…
The sixth China International Consumer Products Expo focuses on premium international products and new product launches. Over 200 new products are set to launch—doubling last year’s total, with a multitude of products making their global debuts, Asia-Pacific premieres, and China launches in succession. Tanks to chinadaily.com.cn Please visit: Our Sponsor
Faster growth of imports over exports in the first quarter of the year underscores China’s strengthening domestic demand and the growing potential of its vast market that offers fresh opportunities for global businesses amid an uncertain external environment, government officials and business leaders said on Tuesday. The country’s foreign trade grew 15 percent year-on-year to…
China’s Vice-Minister of Finance Liao Min stressed that high-quality development is fundamentally about sustainability, underscoring the country’s firm commitment to a green transition at a recent seminar held at the Asian Development Bank’s headquarters in Manila. He noted that China’s 15th Five-Year Plan (2026-30) contains 20 major indicators for economic and social development, eight of…
Senior executives and institutional investors are increasingly turning their focus to Asia, particularly the Chinese mainland, as they reposition for growth, according to a recent HSBC survey of 3,000 international businesses and institutional investors across 10 markets. The Chinese mainland was identified as the market expected to gain the most importance in respondents’ economic relationships…
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Shanghai is set to stage a citywide international flower show from April 18 to May 10. [Photo provided to China Daily] Shanghai will transform into a… Read More »Shanghai to transform into a city of flowers
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Faster growth of imports over exports in the first quarter of the year underscores China’s strengthening domestic demand and the growing potential of its vast market that offers fresh opportunities for global businesses amid an uncertain external environment, government officials and business leaders said on Tuesday. The country’s foreign trade grew 15 percent year-on-year to…
Chef Niko Romito debuts the menu for the new season at the Michelin one-star Il Ristorante – Niko Romito. [Photo provided to China Daily] When… Read More »Chef Niko Romito reinvents Italian cuisine in Shanghai