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ARTICLE Foreign liquors get popular among Chinese young consumers

For liquor makers, the road to winning the Chinese market passes through the hearts of the country's youth. Data by online shopping website Tmall shows that consumers between 18 and 29 are resp...

ARTICLE Consumer confidence returning to normal

...purchases in an orderly manner and tap the consumption potential of counties and townships, according to a statement released after the meeting. A teleconference held by the Ministry of Commerce on...

ARTICLE China's industrial economy begins Year of the Tiger with vigor

With motors rotating and machines roaring, China's industrial firms started the first week after the Chinese Lunar New Year holiday full of vim and vigor. Facing multiple challenges in 2022, Ro...

ARTICLE Chinese investment in Australia plummets as increasing scrutiny hurts confidence

...purchases were made via Australian subsidiaries rather than by Chinese companies directly. Dr. Armstrong said that this is a pattern that intensified in 2019, when 91 percent of new Chinese investm...

ARTICLE L'Oreal banks on 'beauty triangle' to drive growth

...purchase. L'Oreal said social commerce is showing notably strong momentum, with WeChat-based stores doubling sales last year, without disclosing detailed figures. Messaging app WeChat has even ...

ARTICLE US slowdown may impact China's exports

The risk of the US economy slowing down and even falling into recession could add another layer of uncertainty to the Chinese economy in terms of export growth and financial stability, underlining the...

ARTICLE China to further ease tax burden for small & medium-sized firms

...purchased equipment worth over five million yuan over a shorter period of time. That has helped SMEs like Shanghai Yulian Supply considerably. Xu Zhenjiang, chairman of Shanghai Yulian Supply, said...

ARTICLE Nation's cross-border e-commerce with ASEAN accelerates

The past summer vacation has been especially busy for Jariya Unthong, a Thai-language teacher based in the Guangxi Zhuang autonomous region, who has been routinely invited by a local company to livest...

ARTICLE Galanz receives nod to buy Whirlpool China

Employees work on the production line of Whirlpool in Hefei, Anhui province. [Photo/Xinhua] Home appliance manufacturer Galanz Group's acquisition of the Chinese unit of United States' ...

ARTICLE Foreign trade growth expected amid challenges

...purchase cost-effective products that can be delivered within a short period in order to get profits in a short period of time, he added.