China News Direct

 
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The winner again is Beijing
(Jan 06, 2016) BEIJING - Retail sales of consumer goods in Beijing would climb near or even go beyond RMB1 trillion in 2015 thanked for cross-border e-commerce and the ease of shopping on the internet. The biggest spenders hovered around the capital city which will continue to lead the rest of the country in retail sales. Beijing overtook Shanghai to be the country's top sales site in 2008. It ...
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The internet underpins China's retail sales
(Jan 21, 2016) SHANGHAI - Retail sales of smart electronics and online sales staged an over 30% growth in China last year, underpinning a retail market of a value of RMB30 trillion. A quick scan at data released by the commerce department in China showed that retail sales of consumer goods climbed 10% in 2015, but retail sales of smart products, online retail sales, and ...
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China likely to keep urbanizing
(Jan 25, 2016) BEIJING - An urbanized economy will release the potential of domestic demand in China, meaning the spending or consumption by rural people will be the next stage of growth. A regular meeting of the State Council held on 22 January, chaired by Premier Li Keqiang, revealed China's next move to speed urbanization. Urbanization, in the eyes of Premier Li, is not just about land or ...
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New year spending tells trends
(Feb 15, 2016) BEIJING - Retail sales of consumer goods and restaurant turnover registered RMB754 billion in China during the Chinese new year holiday from 7 to 13 February, an increase of 11% from last year. Sales of household appliance and digital communication devices remained hot. Sales of smart mobile phones were robust, and among all brands, sales of Apple phones topped the rests. Sales ...
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China unlocks value from supply side
(Mar 08, 2016) BEIJING - China's Premier Li Keqiang called for deepening structural reform over the next few years, and the focus will be on the supply side which will be given a bigger role in gearing the economy. The Fourth Session of the 12th NPC and CPPCC held in Beijing from 5 March had Premier Li delivered a view on China's latest economic development. In gearing China through the ...
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China's tourism is worth the effort
(Mar 10, 2016) HARBIN, Heilongjiang - Tourism after foodstuff and crude oil has almost become the third largest industry for Heilongjiang province, but the trend is no surprise as more Chinese go on a quest for leisure traveling. The tourism industry has been outshining in China, defying economic ups and downs. Chinese people were seen moving around the country and traveling around ...
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A new look at cross-border e-commerce
(Mar 06, 2016) BEIJING - China Customs will give all efforts or even 24/7 clearance to support cross border e-commerce which has climbed in trade value and has grown faster than traditional trade. Cross border e-commerce seems to present a path for China when the international economy is faltering and when bulk commodities have lost their usual luster. When China's imports and exports ...
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Standard raised with China's first national coffee lab
(Mar 24, 2016) KUNMING, Yunnan - Coffee groups in Yunnan province gathered efforts to lift the standard of the coffee industry, building China's first national lab for coffee in Pu'er, Yunnan province. General Administration of Quality Supervision, Inspection and Quarantine of China officially approved the formation and construction ...
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Suning sees strong start in C2B shopping
(Apr 28, 2016) SHANGHAI Suning opened a cloud store in Shanghais Pudong for experiencing virtual reality (VR), adding V shopping for consumers checking out wedding and other domestic services. Suning made debut its first VR store dubbed Hello Kitty, also a cloud store that delivers V-shopping experience for to-be-couples. The VR store has the back-up of a large database filled ...
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COFCO opens food terminal in Ukraine
(May 23, 2016) BEIJING - COFCO Agriculture has put its DSSC cargo terminal in Ukraine into commercial operation, beefing up the logistics of food trade between China and Europe. Whether by sea or by rail, food trade westbound from China to Europe will take a new form when railways and more cargo transit terminals are established along the way. DSSC Terminal, invested US$75 million ...
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