Luckin Coffee brews big plan for US market
Luckin Coffee Inc marked its official entry into the United States with the soft launch of two pickup-only stores in New York City on Monday, signaling the Chinese coffee chain’s…
Yangtze delta rail handles record passenger trips in H1
Employees from State-owned China Railway Construction Corp’s 24th bureau operate a drone to conduct on-site construction checks in Shanghai. CHINA DAILY The Yangtze River Delta railway network reported a record…
ChiNext Index jumps to three-month high
The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, jumped 1.9 percent on Thursday to close at 2,164.09 points, the highest level in more than three months, driven by…
Beijing eyeing situation after US-Vietnam trade deal
China will take countermeasures to safeguard its interests and firmly oppose any attempt to reach a trade deal that harms China’s interests, the Ministry of Commerce said on Thursday. He…
IWG targets growth in China’s evolving office market
Amid growing demand for flexible office solutions that cater to evolving employee expectations and enhance operational agility, International Workplace Group, a Switzerland-based provider of hybrid working solutions, plans to expand…
FDI showing no signs of slowing results
People visit the 3rd Tianjin International Shipping Industry Expo in Tianjin, North China, June 12, 2025. Fueled by diverse application scenarios and strong innovation momentum, China has emerged as a…
China’s largest Gundam base flagship store opens in Guangzhou
The Guangzhou flagship store is the ninth Gundam Base established by Japan’s anime giant Bandai Namco on the Chinese mainland. The largest Gundam Base flagship store on the Chinese mainland…
Senior-friendly toys fuel growth of China’s silver economy
Senior citizens play wooden brain-training toys at an elderly care service center in Yunhe county of Lishui city, East China’s Zhejiang province, Nov 10, 2023. HANGZHOU – Inside a senior…
Nio expects to turn profitable in Q4
Employees work at a Nio auto assembly line in Hefei, Anhui province. CHU WEIWEI/CHINA NEWS SERVICE Chinese electric vehicle maker Nio said it is confident to “turn profitable” in the…
China rolls out 10% tax credit for foreign investors reinvesting dividends
BEIJING – China’s finance, taxation, and commerce authorities on Monday unveiled a tax incentive granting foreign investors a 10 percent corporate income tax credit on direct domestic investments funded by…