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A recent Nielsen report indicates that 90% of mainland tourists going to Hong Kong mainly for the shopping. The numbers are increasing year by year. Chinese are now the largest group of overseas shoppers in many western countries, including the United States, France and the United Kingdom. According to retailers in the US, Chinese tourists usually purchase more than twice as much as other international visitors. China has the fastest growth rates of overseas purchasing in the world.
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  • (China Daily)2017-12-11 08:25

    LONDON - A return scheme for plastic bottles could soon allow British consumers to enjoy a drink of juice or water without adding to a sea of pollution - as well as getting some of their money back. The idea of a deposit return scheme for bottles has won the backing of two supermarkets, Iceland and...

  • By Li Fusheng(China Daily)2017-12-11 07:41

    Ford Motor Co will accelerate its localization efforts to boost its performance in the world's largest market, according to a deal it signed on Friday with China South Industries Group Corp, the parent company of its joint venture partner Changan Automobile Co. Ford and Changan will continue to dee...

  • By Ouyang Shijia(China Daily)2017-12-11 07:40

    Chinese internet celebrities convert 470 million fans into consumers, spawn novel businesses At 6 am, Yang Xia, 26, is already up and about, complete with attractive makeup, ready to roll for yet another hectic 12-hour work day to turbocharge new-age Chinese brands. As the day unfolds, Yang, wearing...

  • By Ouyang Shijia(China Daily)2017-12-11 07:40

    A critic of evolutionary psychology or sociobiology, Anne Innis Dagg wrote a book entitled 'Love of Shopping' Is Not a Gene, but I sometimes wonder if she had got it all wrong. I can spend hours studying details about stuff like earrings or bags online. Once armed with sufficient information, I pond...

  • By Chen Meiling(China Daily)2017-12-08 08:05

    Western megacity has many advantages in developing the next-generation globally competitive industrial system Chengdu has formulated an answer to how a city can transform itself and stand out from the competition by developing the new economy. The city announced plans to build a new, globally compet...

  • By He Wei In Shanghai And Li Fusheng In Beijing(China Daily)2017-12-08 07:29

    Alibaba Group Holding Ltd announced on Thursday that it has made a solid step forward in smart vehicle development through a partnership with US auto giant Ford Motor Co. Under a three-year agreement, the duo will explore opportunities in internet-connected cars, artificial intelligence and mobile s...

  • (Xinhua)2017-12-04 10:09

    BEIJING — China's inflation will drop mildly in November and remain tame until the end of the year due to stable food prices and a weakening carry-over effect, the Bank of Communications said in a report. The consumer price index (CPI), a main gauge of consumer inflation, is expected to edge down ...

  • By Fan Feifei(China Daily)2017-12-04 08:15

    A forum on intelligent logistics, held in Hangzhou in May, attracted both logistics robot manufacturers and general public. Cainiao, the logistics arm of Alibaba, employs robots. [Photo provided to China Daily]Major Chinese online retailers are increasing efforts to build intelligent logistics syste...

  • By Xu Lin(China Daily)2017-12-04 07:56

    A growing number of middle-class Chinese are opting for bespoke experiences. Xu Lin reports. Wang Wei will never forget her trip to Italy in June - her first bespoke tour. The 27-year-old and five friends enjoyed cultural heritage, natural landscapes and luxury shopping. It enabled them to do what t...

  • By He Wei In Shanghai(China Daily)2017-12-04 07:54

    Intelligent software helps customize product recommendations and sales Chinese e-retailers are using artificial intelligence or AI to enhance and redefine the entire shopping experience for the consumer. In doing so, they are dispelling the notion that the newage technology is all about driverless c...

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