Business--China Economic Net

The government of China's Hong Kong Special Administrative Region (HKSAR) has recently unveiled its budget for the 2026/27 fiscal year, a plan that figures across sectors say proactively aligns with the country's 15th Five-Year Plan and advances development around two central pillars -- "AI+" and "Finance+" -- in what is expected to reinforce the city's core competitiveness, lift economic momentum and underpin a steady shift toward stronger, more robust growth.

Holiday spending soars as record-long Spring Festival fuels economic vitality2026-02-25
From bustling ski slopes in Heilongjiang Province in China's far northeast to booming duty-free shopping in south China's Hainan Province, the country's record-long Spring Festival holiday saw a surge in travel, retail activity and tech-powered consumption, underscoring the country's economic vitality and growing global appeal.

China's consumer market sees a strong start to the Year of the Horse2026-02-24
China's consumer market saw a strong start during the country's nine-day Spring Festival holiday, which ended on Feb. 23, with spending surging mainly across six key areas -- dining, accommodation, transportation, tourism, shopping and entertainment, signaling a vibrant beginning to the Year of the Horse.

Crosstalk teahouses enjoy rising popularity in China's Tianjin2026-02-22
A traditional crosstalk teahouse in a shopping mall in the northern Chinese port city of Tianjin is experiencing one of its biggest crowds of the year during the Spring Festival holiday. Most of the audience consists of out-of-town visitors, and tickets are often sold out quickly.

China sees record daily passenger flow in Spring Festival travel rush2026-02-22
China's Spring Festival travel rush hit a historic high on Feb. 20, with daily cross-regional passenger trips exceeding 350 million, according to data released by the Ministry of Transport on Saturday.

Hong Kong's IPO pipeline remains strong: HKEX chairman2026-02-21
Hong Kong's IPO market has a strong pipeline, with 488 companies awaiting approval, said Carlson Tong, chairman of Hong Kong Exchanges and Clearing Limited (HKEX) on Friday.

China's consumer spending reports steady growth in Spring Festival holiday2026-02-21
Chinese consumers ushered in the Spring Festival holiday with a burst of spending, filling restaurants and malls and traveling across the country, which offered an early-year boost to the consumption sector.

On stage and beyond, robots join China's New Year revelry2026-02-20
From the spotlight of the Spring Festival Gala to local cultural performances, increasingly nimble and versatile humanoid robots are making their mark across the country during the Chinese New Year celebrations.

China's SOEs administered by central government expand R&D investment2026-02-20
China's state-owned enterprises (SOEs) directly administered by the central government stepped up investment in research and development (R&D) in 2025 as part of efforts to advance innovation-driven development, data from the country's state-asset regulator showed.

China's 2026 Spring Festival box office exceeds 2 bln yuan2026-02-19
China's 2026 Spring Festival box office, including presales, topped 2 billion yuan (about 290 million U.S. dollars) by Wednesday afternoon, four days into the nine-day holiday, according to industry data.

China's green loans sees notable growth in 20252026-02-19
In 2025, China saw a strong expansion of green loans, channeling more financial resources into low-carbon sectors and providing solid momentum for accelerating the country's green economic and social transition, the central bank said.

China reports current account surplus in 20252026-02-18
China's current account recorded a surplus of 734.9 billion U.S. dollars in 2025, preliminary data from the State Administration of Foreign Exchange showed.

China's first 7S humanoid robot store showcases industry ambitions2026-02-18
At 10 a.m. sharp, two 1.3-meter-tall humanoid robots in a storefront in Wuhan, capital city of central China's Hubei Province, sprang to life, twisting and turning in perfect sync to a rhythmic beat. The conclusion of their dance coincided with the country's first-ever 7S humanoid robot store officially opening for its daily business.

Inner Mongolia herders ride tourism wave on north China's frozen grasslands2026-02-18
On freezing prairies located in north China's Xilingol, the thunder of galloping hooves and the roar of crowds echo across the snowy steppe. This is where Mongolian herders are turning a cultural icon of horse racing traditions, previously associated with summer, into a vibrant winter spectacle.

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China starts 2026 with resilience

China's headline consumer inflation of 0.2 percent in January represents a moderation from the previous month, but this is largely a story of the calendar rather than a lack of vitality. Because the Lunar New Year fell in January last year, the comparison base was higher than usual.