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May 23, 2024
Silver economy reshaping biz strategies
Hao Yuling, a 64-year-old retiree in Beijing, had an unforgettable 10-day group trip in September 2003 to five European countries.
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May 23, 2024
China's online retail sales up 11.5% in January-April period
China's online retail sales saw steady expansion in the first four months of 2024, with emerging growth forces continuing to boost consumption, official data showed on Tuesday.
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May 06, 2024
China's love affair with luxury goods boosts growth of sector
As China's luxury goods market flourishes, French luxury conglomerate LVMH finds itself at the heart of this growing demand. The Chinese hunger for goods from high-quality, prestigious brands has significantly buoyed LVMH's sales, reflecting broader trends in global luxury consumption, according to industry experts.
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May 06, 2024
Holiday travels bolster world tourism industry
Chinese holidays have injected impetus into the world economy, with the just-concluded May Day holiday bringing a strong burst of tourism growth to domestic as well as overseas destinations, travel experts said.
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April 11, 2024
2 Ningbo companies listed as unicorns
Two additional companies based in Ningbo, Zhejiang province, have been recognized as unicorns, according to the Global Unicorn Index 2024 released by the Hurun Research Institute on April 9.
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April 15, 2024
China specifies steps to improve payment services in tourist attractions
hinese authorities have specified a slew of measures to further enhance payment convenience in major tourist attractions across the country and cater to diversified payment demand from elderly citizens, foreigners and other tourists.
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April 15, 2024
China expands opening-up of telecommunication services
The Ministry of Industry and Information Technology, China's top industry regulator, on Wednesday issued a notice regarding the launch of pilot programs to expand the opening-up of value-added telecommunications services.
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April 07, 2024
Economist predicts further upswing for economy
China's economic outlook is poised to improve in the following months, buoyed by robust fiscal spending, and the country's growth target of around 5 percent for 2024 is achievable, according to a renowned economist.