Economy

Shanghai reports record-high green electricity trading scale - China Economy News
Economy

Shanghai reports record-high green electricity trading scale

In the first eight months of this year, Shanghai's green electricity trading scale was 2.5 times the whole-year 2023 scale, hitting a record high.
Chinese major sportswear brands report strong growth in 2024 H1 - China Economy News
Economy

Chinese major sportswear brands report strong growth in 2024 H1

China's top four sportswear brands - Anta, Li-Ning, Xtep, and 361 - all reported revenue growth in the H1 of 2024, withcombined revenues surpassing the US$8.3 billion milestone.
Shanghai receives over 3 million inbound tourists in H1 - China Economy News
Economy

Shanghai receives over 3 million inbound tourists in H1

In the first half of this year, Shanghai received more than 3 million inbound tourists, soaring over 140 percent year on year, local authorities said on Friday.
The Global South: How Chinese firms can cash in and maintain their balance - China Economy News
Economy

The Global South: How Chinese firms can cash in and maintain their balance

British economist John Ross says Chinese firms used to focus on the US and Europe, then ASEAN, India, and now the Global South. He sees it as a natural process of transition.
Top official: City already an influential hub for financial technology - China Economy News
Economy

Top official: City already an influential hub for financial technology

Deputy mayor tells INCLUSION·Conference development of fintech an important linkage for Shanghai to become an international financial hub as well as a sci-tech innovation center.
Xizang sees per-capita disposable income of rural residents up 8.4 pct in H1 - China Economy News
Economy

Xizang sees per-capita disposable income of rural residents up 8.4 pct in H1

The per capita disposable income of rural residents in southwest China's Xizang Autonomous Region was 6,711 yuan in the first half of 2024, an increase of 8.4 percent year on year.
Go beyond just thinking outside the box, dump the box entirely - China Economy News
Economy

Go beyond just thinking outside the box, dump the box entirely

A buzz word with muscle, "open innovation" defies traditional thinking to unlock the vitality of fresh eyes and young minds in developing creative solutions.
Huangpu plans to be key hub for China-Germany e-commerce - China Economy News
Economy

Huangpu plans to be key hub for China-Germany e-commerce

Meeting which attracted around 40 German companies, including leading brands and trade organizations, part of district efforts to build an ecosystem supporting foreign investment.
Measures released to support individual businesses - China Economy News
Economy

Measures released to support individual businesses

The policies cover everything from tax breaks and exemptions to access to financing as the Shanghai Administration for Market Regulation responds to the needs of small businesses.
China announces probes over Canada's tariff hike, certain products - China Economy News
Economy

China announces probes over Canada's tariff hike, certain products

China will launch an anti-discrimination investigation into Canada's tariff hike on electric vehicles as well as steel and aluminum products imported from China.
China's foreign exchange reserves up 0.98 pct in August Shanghai launches 10-billion-yuan fund to foster future industries China aims to launch Mars sample-return mission around 2028 Per capita floor area of Chinese urban residents exceeds 40 square meters Arrival of Wi-Fi 7 technology to enhance connectivity in key industries Toyota resumes production of 3 scandal-hit models Taobao may soon allow users to pay through WeChat payment L'Oréal's 'Beauty for a better life' celebrates a decade of empowerment Global auto experts to gather in Shanghai next April China's first intercity housing trade-in scheme aims to revitalize real estate China-Hungary Science Innovation Day inaugurated Citibank pilots foreign exchange business in Shanghai Nvidia down again as US stocks open mixed Pujiang Innovation Forum to lay bare Shanghai's vision and global network China's home prices see narrowed drops as policy supports unfold Kraft Heinz's four decades of consumer obsession in China Latest technology on show at three-day INCLUSION·Conference China firmly opposes Canada's EV tariffs: commerce ministry New mall latest example of local community micro-renewal WeChat support set to continue but 'Apple Tax' a bone of contention Mercedes-Benz approved for L4 auto driving tests in Beijing Sonova CEO confident in China's economic future Xi proposes partnership actions to jointly advance modernization with Africa China's non-financial ODI up 16.2% in first 7 months Foreign holdings of Chinese bonds see net increase of 20 bln USD in July Beijing Xiangshan Forum to open next week Chinese AI firm to raise 500m yuan in latest financing round China's SAIC Motor opposes 'artificially setting up trade barriers' Cosmetics group announces new China managing director China reports falling home prices in May Dutch privacy watchdog fines Clearview AI US$33.5 million China's commerce ministry slams unfair EU tariffs on EVs New Shanghai policy ignites people's enthusiasm for home buying Lubrizol opens beauty research institute in Shanghai Look at the moon! People plan Mid-Autumn Festival travel China's central bank beefs up financial support for agriculture, small firms China's foreign exchange reserves up 1.06% in July Shanghai launches a month focused on quality Standard Chartered Bank China names new president China fines Evergrande US$587 mln for fraud Shanghai's MiniMax unveils Sora-like text-to-video service Hey, we rank No. 1! But is one carmaker's sales tracker a reliable indicator or just market flummery?
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