Retail & Services
Online retailers expanding global footprint2023-03-24
Chinese online retailers are ratcheting up efforts to expand their global footprint amid a broader drive to cultivate new users and diversify revenue sources, industry experts said. This comes as an increasing number of Chinese vendors sell their products globally through cross-border e-commerce platforms, they said.
6417a103a31057c4b4b78952_副本.jpg Consumption set to boost from precautionary savings2023-03-20
Consumption set to boost from precautionary savings
China's Jan-Feb retail sales bounce back as demand recovers2023-03-16
China's retail sales of consumer goods rebounded in the first two months of 2023 as COVID-triggered restrictions on consumption gradually waned and market demand and vitality improved.
More malls to rise in metropolis buoyed by biz recovery2023-03-15
Shanghai will see a boom in new shopping mall openings this year, indicating strong market recovery and confidence in consumption, a recent report and experts said.
Rural delivery network to be further expanded2023-03-01
After a three-year push by the State Post Bureau to expand the nationwide delivery network to include even the most remote parts of the country, some 95 percent of Chinese villages now have access with the rest to follow, the bureau said recently.
U020230220330718903359.jpg Creative tea offerings reflect upgraded consumption scenarios2023-02-20
Creative tea offerings reflect upgraded consumption scenarios
China's 'romance economy' spurs fresh flower sales2023-02-15
China's 'romance economy' spurs fresh flower sales
Catering sector business bounces back2023-02-14
Customers taste local food at a restaurant in NDiners return to restaurants after optimization of COVID response
Cosmetics firms hope Cupid's arrow hits growth2023-02-14
With the arrival of this year's Valentine's Day, cosmetics companies in China are busy tapping soaring demand with the help of a winged cherub named Cupid.
China to account for 25 pct of global luxury market share by 2025: PwC2023-02-10
China's luxury goods market is expected to grow to 816 billion yuan (about 112 billion U.S. dollars) by 2025, or approximately 25 percent of the global total, said a report from PwC China on Thursday.
3rd CICPE to kick off in Hainan in mid-April2023-02-02
The third China International Consumer Products Expo (CICPE) is scheduled to kick off in mid-April in south China's Hainan Province, according to the organizer Thursday.
"China-chic" boom adds vigor to time-honored brands in Beijing2023-01-25
At Wuyutai Tea shop on Qianmen Street, a landmark commercial street in Beijing, customers are lining up to buy speciality tea ice cream.
China's online retail sales up 4 pct in 20222023-01-17
China's online retail sales expanded 4 percent year on year in 2022 to near 13.8 trillion yuan (about 2 trillion U.S. dollars), the National Bureau of Statistics (NBS) said on Tuesday.
Wine sales bolstered by young buyers2022-12-02
Generation Z consumers - those born in the late 1990s or early 2000s - are expected to drive the growth of wine consumption in China in the next few years, according to a new report from GlobalData, a consulting and analytics company headquartered in London.
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