Local brands are leading the growth of China's fast-moving consumer goods sector, as their higher penetration and stronger volume growth rates outperform international players' average, a recent report found.
The consumption power of more than 1 million foreigners working or studying in China is disproportionately bigger than their tiny share (0.07 percent) of the total population - and whizzes of the country's homegrown tech ecosystem are sitting up and taking notice, as the economy transitions from export and investment-led growth to a consumption-driven model.
As a Chinese person, I am often struck by the fact that some of my foreign friends appear to be more Chinese than me, in terms of using homegrown technologies employed by domestic businesses.
Chinese e-commerce giants, gadget-makers and financial solution providers are now shaping the global retail sector, said industry leaders and market insiders at the Retail Big Show 2019, a retail convention and expo held earlier this month in New York.
Chinese users of domestic social media apps expect to reap more benefits from them this year, a latest study has found.
Peng Zhiqiang, 45, chairman and co-founder of Peakview Capital, one of China's largest fund of funds, is optimistic about the future, which excites him no end.
For the Spring Festival holiday in early February, Chinese consumers' spending on health, culture and entertainment-related products and services is likely to see a marked increase, market insiders said.
Few organizations are meeting their innovation goals because they lack the right leadership, according to a recent global survey of 636 business leaders by Harvard Business Review Analytic Services.
RABAT - In the early morning of January, as the snow covering the Atlas Mountains in central Morocco remains unmelted, the Chinese staff of the Noor Concentrated Solar Power or CSP projects in Ouarzazate, a city south of the mountain range, have already started a day's work despite the freezing temperature.
LONDON - China has offered key components of a global strategy for tackling global challenges as the world enters a new era of so-called Globalization 4.0, said a leading British expert.
It is believed to be the largest paper-based general encyclopedia ever written, presented on 22,937 rolls in 11,095 volumes and using 370 million Chinese characters.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
