National Bureau of Statistics data show Chinese consumers spent 3.96 trillion yuan ($620 billion) on food and drink in 2017, up 10.7 percent year-on-year, with a higher growth rate than the consumer goods sector's average.
China's plans to slash its automobile import tariffs are expected to fuel sales of premium SUVs and new energy cars, which are already riding high in the country.
The online retail sector maintained rapid growth in the first four months of the year amid the ongoing trend of internet giants moving their presence offline.
Switzerland-based food and beverage giant Nestle SA announced it has sold a 95 percent stake in one of its Chinese dairy manufacturing facilities to a local player, as it looks to reduce its raw milk powder output in an oversupplied market.
The China Banking Association is encouraging overseas banks to set up branches and explore opportunities for business cooperation in the Guangdong-Hong Kong-Macao Greater Bay Area.
A significant portion of the world's largest public sector investors have said they will grow their holdings of renminbi-denominated assets during the next 12 to 24 months, according to a new survey by the London and Singapore-based think tank Official Monetary and Financial Institutions Forum.
Please use three words to describe China's changes in the past 40 years.
SHENYANG - A freight train carrying containers of imported auto parts from Germany whistled as it slowly stopped at the BMW Brilliance Automotive's Tiexi plant in Shenyang, capital of Northeast China's Liaoning province.
A group of Hong Kong-listed new economy companies have fared poorly so far this year, throwing cold water over the city's once red-hot stock market that is mired in overpriced IPOs, and hinting at a market-wide focus shift.
Australia's largest owner, operator and developer of senior living communities Lendlease Corp is poised to build and manage its first senior living community in Shanghai, tapping the demand from the large and growing aging population in the area.
BEIJING - Foxconn Industrial Internet Co Ltd, a subsidiary of the world's largest contract manufacturer Foxconn Technology Group, has announced plans to raise up to 27.1 billion yuan ($4.26 billion) in what will be the Chinese mainland's biggest initial public offering in almost three years.
Chinese technology giant Xiaomi opened its first authorized store in Paris on Tuesday to tap the local market and gain core competency in Europe.
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
