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- February 22, 2024
Nation advances in protection of tech-related IP
More foreign enterprises have chosen Chinese courts to settle their patent and technology-related disputes, due to the equal protection offered to them in the handling of such cases, said an official with China's top court.
- February 22, 2024
Top 10 Chinese cities in luxury goods consumption in 2023
Chinese people spent 1.04 trillion yuan ($145.65 billion) on luxury goods in 2023, accounting for 38 percent of global luxury goods market, according to ThePaper, citing China Luxury Report released by Yaok Institute.
- February 21, 2024
Visa-free travel opens 'big door' to region
For millions of people across the Asia-Pacific region, traveling to and out of China is becoming easier than ever before.
- February 21, 2024
Retailers strike gold during 8-day festival shopping spree
Chinese consumers unleashed their massive purchasing power during the eight-day Spring Festival holiday, which ran from Feb 10 to Saturday, with homegrown brands that weave traditional Chinese cultural elements into their designs, health-related commodities, jewelry and electronic devices gaining in popularity, especially among younger shoppers, experts said.
- February 21, 2024
'New three' paves way for high-quality growth
China's pivot toward high-tech green industries as key growth drivers is gaining momentum, with experts predicting that the "new three" — photovoltaics, lithium-ion batteries and new energy vehicles — will play a pivotal role in shaping the country's economic landscape.
- February 21, 2024
Key rate cut seen as move to prop up realty
China implemented the biggest-ever cut to a mortgage rate benchmark on Tuesday, indicating policymakers' dedication to bolster the struggling housing sector and the broader economy, with additional interest rate cuts likely on the horizon, experts said.
- February 21, 2024
Some workers turning AI challenge into advantage
The recently released artificial intelligence model Sora, created by research organization OpenAI, has caused a sensation in the tech sector with its ability to generate videos of up to a minute in length based on brief text instructions.
- February 21, 2024
Plum blossoms adorn Fenghua with enthralling beauty
A breathtaking sight has unfolded in Yangcun village, located in Ningbo's Fenghua district, where an expansive grove of green plum flowers recently burst into full bloom, creating a spellbinding spectacle.