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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...

EVENT Russian Cosmetics and Beauty Necessities Matchmaking Meeting

To promote economic and trade cooperation between China and Russia and build a bridge for cooperation between Chinese and Russian enterprises, the Information Center of the China Council for the Promo...

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 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 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 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 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 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.

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 RRR cut seen on the horizon

Credit-easing moves like lower interest rates more likely The possibility of the People's Bank of China, the country's central bank, cutting the reserve requirement ratio this month has ris...