\”With the acceleration of global economic integration, foreign-invested companies are steadily expanding their presence in China, bringing important innovation impetus and vitality to the market,\” sai
Tag: consumers
China\’s major consumption trends in 2023
China\’s consumer spending trends have seen a positive upturn as consumer spending contributed 83.2 percent to economic growth during the first three quarters of 2023, the Guangming Daily reported.
Thi
Growth of U.S. retail sales down to 3.1 pct this holiday season: Mastercard
NEW YORK, Dec. 26 (Xinhua) — U.S. retail sales excluding automobiles grew 3.1 percent year on year in the period from Nov. 1 to Dec. 24, 2023, according to preliminary data in the latest Mastercard S
Young Chinese embrace combining medicinal herbs with modern cuisine
The fusion of traditional medicinal herbs and modern delicacies is a growing trend in China, reflecting the younger generation\’s inclination towards wellness and indulgence.
Ice creams infused with me
U.S. duties on softwood lumber unjustifiably harm Canada: minister
OTTAWA, Nov. 30 (Xinhua) — Canada\’s trade minister said on Thursday that U.S. duties on Canadian softwood lumber are unfounded and unjustifiably harm Canadian businesses and communities.
Issuing a st
Italian companies see CIIE platform to share China\’s growth opportunities
ROME, Nov. 10 (Xinhua) — The sixth China International Import Expo (CIIE) provides an important platform for Italian companies to access the expanding Chinese market, said Italian entrepreneurs and b
Interview: New Zealand\’s dairy giant Fonterra to strengthen presence in China with innovation, says CEO
SHANGHAI, Nov. 9 (Xinhua) — Despite the global economic slowdown, China has numerous opportunities and huge potential for multinational companies like Fonterra to \”continue to innovate with our custo
Interview: CIIE important measure for China to open its market, says Nestle\’s executive vice president
GENEVA, Oct. 31 (Xinhua) — The China International Import Expo (CIIE) is \”an important measure for China to open its market to the world, and promote economic and trade exchanges and cooperation with
China\’s merchandise sales saw steady growth in September
BEIJING, Oct. 24 (Xinhua) — China\’s merchandise sales grew steadily in September, with retail sales rising 4.6 percent year on year, 0.9 percentage points higher than the increase seen in August, a M
Ethiopia: A great opportunity for investors
Tefera Derbew Yimam, ambassador of Ethiopia to China (People\’s Daily/Lu Ningyuan)
Ethiopia is an ancient independent country located in East Africa, at the heart of the Horn of Africa with 120 million