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Theme parks seize era of expansion to drive growth

Mickey Mouse and his friends entertain the audience at Shanghai Disney Resort on April 10. TANG YANJUN/CHINA NEWS SERVICE China’s theme park sector is transitioning from years of volatile growth into a period of steadier expansion, even as shifting consumer preferences and rising competition reshape the landscape, according to an industry report. On the same…

Lego doubling down on China market

An employee distributes flags to a young visitor at Legoland Shanghai Resort on July 5. CHINA DAILY The opening of Legoland Shanghai Resort on July 5 has been key to Lego Group’s long-term strategy in China, marking a major milestone in its efforts to build a full ecosystem — from retail and brand experiences to…

97% of young people in the EU use the internet daily

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Logistics turns county into a rising star of rural revitalization

Located in the crossroads of Jiangxi, Zhejiang, Fujian, and Anhui provinces, Hengfeng county in Jiangxi has emerged as a rising star in rural revitalization – powered by its vision to become the regional logistics hub of four provinces. [Photo by Wang Songsong/chinadaily.com.cn] Located in the crossroads of Jiangxi, Zhejiang, Fujian, and Anhui provinces, Hengfeng county…

Industrial production up by 1.7% in the euro area and by 1.5% in the EU

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How many hospital beds does the EU have?

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Sovereign wealth funds ramping up allocation to Chinese assets

Foreign financial institutions are showing growing confidence in China’s economic prospects by increasing their exposure to Chinese assets, as the country’s innovation-driven development and structural growth opportunities gain global recognition. The optimism is supported by China’s accommodative macroeconomic policies and its accelerating transformation in key sectors, such as advanced manufacturing, clean technology and digital innovation.…