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Shopping campaign to unleash market potential

Customers browse the shelves for cosmetics at a CDF duty-free shopping mall in Haikou, Hainan province, on Friday. During the three-day New Year holiday, sales of duty-free goods in Hainan reached 442,000 items, a year-on-year increase of 52.4 percent, according to Haikou Customs. SU BIKUN/FOR CHINA DAILY China’s new pro-consumption drive will attract more inbound…

Inner Mongolia city riding cash crop wave

Livestreamers from a dairy company in Ulaanqab, Inner Mongolia autonomous region, promote the company’s products. LIU WENHUA/CHINA NEWS SERVICE In a bid to bring high-quality produce from its volcanic grasslands to consumers nationwide, Ulaanqab in the Inner Mongolia autonomous region is accelerating efforts to build new sales models through the integration of e-commerce and local specialty…

AI has finger on pulse of healthcare advances

SONG CHEN/CHINA DAILY Song Jiayi, a 32-year-old white-collar worker in Beijing, usually goes to the gym after work. She likes running on a treadmill for more than an hour and attending various fitness classes with a focus on personal health and weight management. Like most of her peers, Song keeps abreast of the latest development…

State-owned firms register stable performance

China’s State-owned and State-controlled enterprises demonstrated generally stable performance in the first 11 months of 2025, with revenues registering slight growth while profits experienced a modest year-on-year decline. According to official data released earlier this week, these enterprises collectively generated operating revenues totaling 75.63 trillion yuan ($10.8 trillion) during the January-November period, reflecting a 1…

Tesla overtaken by BYD in global EV sales in 2025

SAN FRANCISCO — US electric automaker Tesla said Friday that its global vehicle deliveries in 2025 fell by around 8.6 percent year on year, marking the first time the company has been overtaken in annual electric vehicle sales by China’s automaker BYD. Tesla produced 1.655 million electric vehicles in 2025 and delivered 1.636 million, lower…

Shanghai reports rise in online spending over New Year holiday

Shanghai has reported a rise in online retail spending over the New Year holiday, while street store trade remained comparable to last year. Average daily consumption in Shanghai during the three-day New Year holiday, which began on Thursday, reached 12.2 billion yuan ($1.74 billion), up 2.5 percent year-on-year, statistics released by the Consumer Market Big…

China’s largest offshore gas field produces 4.5-mln-ton oil equivalent in 2025

An aerial drone photo taken in April 2025 shows the Deep Sea No 1 energy station, in South China’s island province of Hainan. [Photo/CNOOC/Handout via Xinhua] HAIKOU — China’s largest offshore gas field, named Deep Sea No 1, has recently completed its 100th shipment of crude oil since being put into production, announced the China…

China’s low-altitude equipment sector grows fast during 2021-25

BEIJING — China’s low-altitude equipment industry has continuously expanded, with the industry output value maintaining an average annual growth rate of over 10 percent during the 14th Five-Year Plan period (2021-25), official data showed Sunday. As of Dec 30, 2025, a total of 1,081 enterprises have completed registration in this sector, with 3,623 types of…

Why Shanghai is CEOs’ top choice?

On Jan 4, Shanghai released the newest edition of the action plan on improving its business environment. This plan aims to further cultivate a world-class business environment, effectively enhancing business satisfaction. Over the past year, China Daily Shanghai bureau sat down with CEOs of several famous multinational corporations. Listen to their insights on Shanghai’s business…