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Consumer confidence in the first quarter of 2013 rebounded to the highest level since the third quarter of 2010, according to a Nielsen report. Consumer confidence levels above and below a baseline of 100 indicate degrees of optimism and pessimism. The China Consumer Confidence Index is compiled from a mixed methodology survey among 3,500 respondents in the country.
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  • By Zhang Lei(China Daily)2017-11-18 07:56

    Ten years ago just 10 music festivals were held in China. How things have changed Ask any Chinese fan of the Dutch DJ Lvndscape what he means to them and just watch their pupils dilate. It was his first time doing live music in China at the Corona SunSets Festival in Shanghai on Nov 4 to 5, yet the ...

  • By Zhong Nan(China Daily)2017-11-18 07:14

    Attendees check out Siemens medical equipment at an industry expo in Beijing.[Photo provided to China Daily]Companies in the machinery sector among those most confident on prospects German companies doing business in China are more optimistic than last year on their economic prospects in the country...

  • By Li Fusheng(China Daily)2017-11-18 07:11

    Premium US carmaker Lincoln Motor Co debuted the all-new Navigator, a large SUV, on Friday at the ongoing Auto Guangzhou. The move further enriches Lincoln's portfolio, making it even more sought after by Chinese consumers. Navigator was the first-ever large premium SUV when it was launched in 1997,...

  • By Wang Zhuoqiong(China Daily)2017-11-17 08:56

    Public concerns shift from safety to milk powder's quality and price Infant formula and milk powder producer China Feihe International has seen sales of its high-end infant milk formula products grow 200 percent in the first half of 2017 over the same period last year, an indicator that Chinese cons...

  • (China Daily)2017-11-17 08:45

    HK needs to create a conducive situation for the public to fully embrace mobile payment, reports Oswald Chan. Hong Kong is often branded a lagger and seen as being far behind other regional economies in efforts to propagate a cashless society despite its sworn resolve to go "smart", and a red-hot te...

  • By Zhu Qiwen(China Daily)2017-11-16 07:51

    What started as a mere internet joke based on the day's "four-single-person" date in 2009 when Alibaba managed to register a one-day sales of 52 million yuan ($7.83 million) has this year helped the Chinese e-commerce giant to record sales of a jaw-dropping 168.2 billion yuan, 39.3 percent more than...

  • (China Daily)2017-11-14 08:09

    AT A NEWS CONFERENCE in Beijing on Friday, China's vice-finance minister said that China will increase the share ceiling for foreign investments in securities, capital, futures and asset management companies from 25 percent to 51 percent, and abolish the upper limit in three years. Beijing Youth Dai...

  • 2017-11-14 07:34

    Investors look at computer screens showing stock information at a brokerage in Shanghai, August 13, 2015.[Photo/Agencies]AT A NEWS CONFERENCE in Beijing on Friday, China's vice-finance minister said that China will increase the share ceiling for foreign investments in securities, capital, futures an...

  • (Xinhua)2017-11-10 16:18

    BEIJING - As China opens up its financial market to the world, global investors are increasingly adding Chinese stocks into their portfolio. The total value of domestic stocks held by overseas entities hit 1.02 trillion yuan ($154 billion) at the end of September, up from 700 billion yuan at the end...

  • By Ma Si(China Daily)2017-11-10 07:40

    Lei Jun, founder of smartphone maker Xiaomi, presents an updated version of the company's "concept smartphone" Mi Mix, the Mi Mix 2, in Beijing on Sept 11, 2017. The Mi Mix 2 runs on a Qualcomm Snapdragon 835 processor.[Photo provided to chinadaily.com.cn]Chip giant reaches agreements with three Chi...

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