Tokenization of real-world assets banned
China has officially banned onshore activities related to real-world asset tokenization — the act of converting asset rights into tokens or certificates via encryption, distributed ledger or similar technologies —…
Stimulating consumption key 2026 goal
Customers drink local craft beer at a restaurant in Guiyang, the capital city of Southwest China’s Guizhou province, Dec 25, 2025. China is expected to put boosting domestic demand —…
China expands imports, shares growth globally
An aerial drone photo taken on Dec 4, 2025 shows a container terminal at the Chuanshan area of Ningbo-Zhoushan Port, East China’s Zhejiang province. China’s drive to expand imports is…
Local govts try to whet buying appetite
As China looks to refine its consumer trade-in program, a growing number of local governments are extending subsidy plans into housing, issuing vouchers that can be used to offset house…
New commercial mediation rule bolsters business environment
On Dec 31, the State Council — China’s Cabinet — issued the Regulation on Commercial Mediation, which will come into effect on May 1. As China’s first administrative rule specifically…
Growing tourist footfalls proof of vitality
MA XUEJING/CHINA DAILY The Year of the Horse is galloping in, symbolizing vitality and forward momentum — a fitting tribute to China’s inbound tourism, which is witnessing a surge in…
‘Made in China’ redefined
A visitor checks products from Chinese cosmetics brand Florasis during the 27th China Beauty Expo on May 12 in Shanghai. CHINA DAILY BEIJING — For Selena, a consumer from Spain,…
January sales see annual rise
Hundreds of vehicles await export in Lianyungang in Jiangsu province on Jan 13. WANG CHUN/FOR CHINA DAILY Due to factors such as policy adjustments and the traditional offseason, many automakers…
Mountain roads open new routes for once-remote Himalayan village
Bamboo craftsman Xin Xiangdong (left) at work with a fellow villager at Badeng village, Metog county, Xizang autonomous region. LHASA — A bamboo-splitting knife resting by his foot, Xin Xiangdong,…
Estee Lauder reports strong Q2 results
The Estee Lauder Companies Inc announced strong financial results for the second quarter of fiscal year 2026 on Feb 5. The Estee Lauder Companies Inc announced strong financial results for…