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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.
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March 12, 2024
Experts: CPI data points to recovery in demand
China's economy is exhibiting renewed vigor, with recent indicators suggesting a robust start for this year, as the country's consumer prices returned to positive territory for the first time in six months thanks to Spring Festival holiday spending.
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March 06, 2024
21 Ningbo companies listed as national manufacturing champions
Twenty-one companies based in Ningbo, Zhejiang province were recently listed among the eighth batch of national manufacturing champions.
