Experts: Strong gold-buying momentum expected to continue
An employee sorts gold ornaments at a jewelry shop in Lianyungang, Jiangsu province. WANG CHUN/FOR CHINA DAILY Increasing gold holdings remains a long-term strategic direction for China’s central bank as…
China to expand services sector opening-up pilot program to nine more cities
BEIJING — China will advance the opening-up of its services sector in nine additional pilot cities, according to a statement released by the Ministry of Commerce on Friday. The nine…
Chinese luxury brand Sandriver opens global flagship at Shanghai’s Zhang Yuan
Premier Chinese cashmere brand Sandriver inaugurated its largest global flagship store at Shanghai’s iconic Zhang Yuan, or Zhang Garden on Saturday. Premier Chinese cashmere brand Sandriver inaugurated its largest global…
China’s homegrown gear makers rev up for bigger shares of winter sports market
Skiers dressed up in Peking Opera costumes perform a themed skiing show at the Lake Songhua Resort of Jilin city, Northeast China’s Jilin province on Nov 21, 2025. HARBIN —…
China to scrap export tax rebates for solar energy products
China will begin phasing out value-added tax export rebates for photovoltaic products from April 1, the finance ministry announced in a joint statement with the State Taxation Administration on Friday.…
Chilean Cherry Ice & Snow Festival Debuts in Changchun
The Chilean Cherry Ice & Snow Festival officially launched on Saturday in Changchun, Jilin province. The Chilean Cherry Ice & Snow Festival was officially launched in Changchun, Jilin province recently,…
Temporary protection for 4.33 million in November 2025
On 30 November 2025, a total of 4.33 million non-EU citizens who fled Ukraine had temporary protection status in the EU. Compared with the end of October 2025, the total…
MiniMax sees market value cross HK$100b after shares jump 100% on debut
Shanghai-based AI company MiniMax closed 109.9 percent higher at HK$345 per share in Hong Kong on Jan 9, raising its total market value to HK$106.7 billion on its initial public…
China’s interbank debt financing tops 10t yuan in 2025
A clerk counts cash at a bank in Nantong, South China’s Jiangsu province. BEIJING – Some 10.1 trillion yuan ($1.43 trillion) was raised by over 2,300 enterprises through debt financing…
China’s retail sector heads into the ‘era of me’, says NielsenIQ
China’s retail sector is entering a critical phase of transformation, with growth in 2026 expected to hinge less on foot traffic, channel expansion or price subsidies, and more on brands’…