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Shanghai imports beef at double-digit rate
(Jan 24, 2017) SHANGHAI - Shanghai imported 239,000 tons of beef and mutton in 2016, an increase of 34.1% over the previous year. The value of imports also surged 31.1% to RMB7.16 billion with an average import price edging 2.2% down to RMB32.1 per kilogram. Since April 2015, Shanghai imported over 10,000 tons of beef and mutton each month, of which in December 2016, beef ...
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Yunnan coffee will be on Starbucks menu
(Feb 27, 2017) KUNMING, Yunnan - Starbucks will be sourcing and making coffee out of Yunnan province's homegrown coffee beans, launching these products at its stores in China first. After years of courtship, Starbucks and coffee farmers in Yunnan see eye to eye. Yunnan is China's major coffee growing region. It is also the largest coffee exporter in China. Starbucks will be ...
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Shanghai imports much pork from the U.S.
(Feb 20, 2017) SHANGHAI - Shanghai imported 29,000 tons of pork in January 2017, declining by 14% over a year ago to post the first year-on-year slowdown since June 2015. However, the import of pork from the U.S. jumped sharply. In January this year, there were imported pork of 29,000 tons to Shanghai, decreased by 14% over January last year and down by 0.9% over December 2016. ...
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Sino Ocean commits RMB30bn in Wuhan
(Feb 09, 2017) WUHAN, Hubei - Sino Ocean Group will invest RMB30 billion in a consolidated commercial complex in Hanyang District, Wuhan in Hubei province, expanding its business in running shopping malls and hotels. To be completed in 2021, the commercial complex will have construction floor areas of a million square meters. Construction is starting soon. It is matching Sino Ocean ...
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Shenzhen imports much food and alcohol in 2016
(Jan 25, 2017) SHENZHEN - Shenzhen imported RMB81.63 billion of consumer goods in 2016, increased by 8.9% over the previous year. The monthly import of consumer goods to Shenzhen fluctuated between RMB5 billion and RMB8 billion in 2016. The import edged up 34% in December over November to touch the highest monthly value of RMB8.64 billion. Import of consumer goods ...
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Rural online spending begins to pick up steam
(Mar 03, 2017) BEIJING - Rural Chinese spent over RMB890 billion online in 2016, of which over 60% was done in eastern provinces. Spending on consumer goods by Chinese people living in rural areas and villagers is climbing. Last year, those in central and western provinces spent more than those in eastern provinces. Their quests for physical goods and services were ...
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Dairy imports to Shenzhen jumps 40% in value
(Feb 21, 2017) SHENZHEN - Shenzhen Customs handled imports of 162,000 tons of dairy products in 2016, increasing by 51.2% compared with the previous year. The value of import also surged 40.1% to RMB56.7 billion. There were double-digit growths in imports of dairy goods each month of the year. Except for the month of May which posted a slightly lower growth. In April, ...
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Golden Home kitchen soars with Tsinghua design
(Mar 22, 2017) XIAMEN, Fujian - Golden Home kitchen appliance held a global franchise conference in its hometown Xiamen city, Fujian province today to celebrate its 18th anniversary, and to make debut its smart kitchen design. Golden Home signed a strategic alliance agreement with Tsinghua University to develop smart and originally designed kitchen sets. At the ...
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Beijing's retail sales stay lively in 1Q '17
(Apr 22, 2017) BEIJING - Retail sales of consumer goods drove the economy of Beijing fast. In the first quarter, all kinds of retailers earned a total revenue of RMB551.8 billion, of which sales of services kept the city vibrant. Retailers in Beijing earned total sales revenue of RMB551.8 billion in the first quarter this year, rising 8.9% over a year ago. Retail sales of ...
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E-commerce climbs 21% in Shanghai Jan-Apr '17
(May 26, 2017) SHANGHAI - Shanghai's e-commerce transactions continued to climb in value during January to April with consumer-level transactions, especially transactions for services, rising faster than all the rest. From January to April, there were all kinds of e-commerce transactions of RMB606.12 billion in Shanghai, an increase of 20.9% over a year ago. In ...
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