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- August 14, 2024
No replacement for China as 'world's factory': economist
China's status as "the world's factory" is hard to replace, Nobel Laureate in Economics Michael Spence said in a recent interview with the South China Morning Post.
- August 14, 2024
Coffee imports to rise on increasing demand
Driven by a burgeoning middle-income earner group and a rising demand for Western-style beverages, China's coffee imports will rise, positioning the country as a key player in the global coffee industry, said business leaders and market watchers.
- August 14, 2024
Decaying wedding candy sales a sign of social change
Candy shop owners on Nanchang's Zigu Road are more worried than the parents of young couples about the growing number of young people being in no hurry to get married.
- August 14, 2024
Zhejiang sees steady foreign trade growth in Jan-July
From January to July this year, Zhejiang's total import and export value reached 3.01 trillion yuan ($419.86 billion).
- August 13, 2024
HK youth embark on Ningbo cultural program
A six-day program commenced in Ningbo, Zhejiang province, on Aug 12, during which a cohort of students from Hong Kong universities will delve into the stories of the Ningbo-born entrepreneurs while immersing themselves in the city's vibrant development.
- August 13, 2024
Ningbo's foreign trade volume tops 800b yuan in Jan-July
Ningbo's total imports and exports hit 806.85 billion yuan ($112.48 billion) in the first seven months of this year, marking a 10.5 percent increase compared to the corresponding period last year, according to data recently released by Ningbo Customs.
- August 13, 2024
Economists advocate direct support to consumers
China's central government should consider additional direct support to consumers worth at least 1 trillion yuan ($139 billion) — either cash or vouchers — in the rest of the year to effectively address the pressing challenge of lackluster domestic demand, economists from government-backed think tanks said.
- August 13, 2024
New record set with 100 billion parcels delivered so far
According to the State Post Bureau of China, China's parcel delivery sector has set a new record by handling over 100 billion parcels as of Tuesday, 71 days earlier than last year.
