A visitor tries out a handbag at Tapestry Inc’s booth during the eighth China International Import Expo in Shanghai on Nov 6. CHINA DAILY Buoyed by China’s resilient consumer demand, Tapestry Inc, a United States-based luxury goods company, plans to add over 60 new stores in China over the next three years, expanding its footprint…
As global economic headwinds reshape supply chains and consumer behavior, scale has emerged as one of the rarest and most consequential metrics in the world economy. Few places offer it with the depth, resilience and speed of China, where a vast and fast-upgrading consumer base continues to anchor long-term business cooperation between businesses from China…
MA XUEJING/CHINA DAILY For Xiong Xujia, the wait started alongside the China-US trade talks in Geneva, which later shifted to London, Stockholm and Madrid, resulting in a monthslong spiral of uncertainty. For Xiong, a foreign trade manager at Ningbo Tianxiang Electrical Appliances Co Ltd, a cookware manufacturer based in Ningbo, Zhejiang province, as well as…
As China’s low-altitude economy continues to expand, the demand for general-purpose aircraft and drones is rising. To tap into this burgeoning market, Aero Engine Corp of China, the country’s dominant aircraft engine supplier, has developed a broad portfolio of products, which it is also actively promoting. The latest model the State-owned aviation conglomerate is offering…
Intelligent range extenders for new energy vehicles are processed on Thursday in the production workshop of Zhejiang Lile New Energy Co in Jinhua, Zhejiang province. XU YU / XINHUA China’s factory activity improved slightly in November, but remained below the 50-point mark that separates contraction from expansion, reinforcing analysts’ calls for further targeted measures to…
Between 2021 and 2023, 80% of enterprises in the EU experienced that their global value chains were affected by at least 1 constraint or underwent reorganisation. These results come from the first global value chains survey carried out under the European business statistics regulation, building on earlier voluntary surveys conducted in previous years. This information…
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Did you know that in 2024, in the EU, nearly a quarter (23.9%) of people aged 16 and older had a disability (activity limitation)? The numbers rise sharply with age – while only 7.1% of those aged 16-24 reported a disability, the share was 72.3% among those aged 85+. Did you know that 28.7% of…
A drone photo shows a view of the Qinzhou Port in Qinzhou, South China’s Guangxi Zhuang autonomous region, on Sept 16. ZHANG AILIN/XINHUA NANNING — The New International Land-Sea Trade Corridor (ILSTC), a key logistics route connecting western China to global markets, had transported a cumulative total of more than 5 million twenty-foot equivalent units…
Tsingshan Industrial signed a three-year strategic cooperation agreement with the United Nations Industrial Development Organization in Saudi Arabia on Nov 24. [Photo provided to chinadaily.com.cn] A leading Chinese enterprise has signed a three-year strategic cooperation agreement with the United Nations Industrial Development Organization (UNIDO), with the stated aim of injecting new momentum into the green…