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Singles Day spurs shopping craze
Singles Day spurs shopping craze
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The Nov 11 online shopping spree in the name of "Singles Day", a celebration for single people, has become China's most popular annual commercial event and created an e-commerce miracle. Online retailers are extending the shopping experience beyond the cyberspace and back into physical stores, bringing more transactions over the Internet.
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  • By Zhu Wenqian(China Daily)2017-01-21 09:28

    A girl chooses decorations in Jinzhou, Liaoning province, for the upcoming Spring Festival, which falls on Jan 28. [Photo by Li Tiecheng/For China Daily]China's domestic consumption has remained a strong contributor to the economy, helping drive it as the country has undergone economic restructuring...

  • By Shi Jing In Shanghai(China Daily)2017-01-20 10:37

    What former chairman Ge Wenyao predicted two months ago has been proven entirely correct, after Jahwa released a dismal 2016 earnings forecast on Wednesday.The leading domestic consumer brand Shanghai Jahwa United Co Ltd is expected to see its net profits plummet 90 percent to 226 million yuan ($32 ...

  • By Shi Jing In Shanghai(China Daily)2017-01-17 09:57

    A salesgirl arranges products at a L'Oreal store at a shopping mall in Nanjing, Jiangsu. [Photo by An Xin/For China Daily]In spite of the ups and downs of the economy, it seems people's pursuit of beauty remains unchanged.Even though the country has been undergoing ups and downs in recent years, the...

  • (chinadaily.com.cn)2017-01-10 15:27

    Jack Ma, founder and executive chairman of e-commerce giant Alibaba Group Holding Ltd, has met with many foreign leaders in the past two years, especially after he rang the opening bell at the New York Stock Exchange on Sept 19, 2014.Here's a look at some of the most powerful global leaders who have...

  • (China Daily)2016-12-30 07:28

    A tea merchant from Taiwan (right) showcases his tea sets at a tea expo held in Fujian province that attracted businessmen and tea lovers from across the Taiwan Straits. [Photo/Xinhua]Around 200 years ago, Hsu Chien-fu's ancestors from Hsinchu in northwest Taiwan were among the first to plant tea in...

  • By Shi Jing(China Daily)2016-12-22 07:37

    Workers prepare Santa Claus costumes in Yiwu, Zhejiang province. Yiwu is the largest Christmas goods production and export base in the world. [Photo/Xinhua]Local companies selling Christmas decorative goods shift focus from exports to ChinaChristmas is helping some Chinese companies to have an exten...

  • By Zhu Wenqian(China Daily)2016-12-21 08:01

    The other day I read a media report about a Chinese college student buying a pair of Chinese-made basketball shoes when he was traveling abroad. The shoes had since served him well. A friend of his later bought a pair of shoes in China made by the same company, but after only two months of use, the ...

  • By Xin Zhiming(China Daily)2016-12-21 07:04

    Adept at balancing many fields If real estate prices can serve as a barometer for monitoring a country's economic vitality, one would think the Chinese economy was at its peak in 2016. Actually, it wasn't. Home prices had risen strongly in major cities since the start of the year after rising almost...

  • (Xinhua)2016-12-19 15:57

    Employees of an online store process orders in Qingyanliu village, East China's Zhejiang province on Dec 29, 2015. [Photo/Xinhua]BEIJING - Chinese top legislature is deliberating a draft law that will regulate and facilitate e-commerce in the country.The draft law was tabled for review by legislator...

  • By Wu Yiyao(China Daily)2016-12-19 07:56

    A pensioner, tension writ large on his face, checks stock prices at a brokerage in Nanjing, Jiangsu province, on Dec 12, when Chinese stocks fell the most in six months. [Photo/China Daily]Big jump in online shopping, talk of pension fund investments stoke hopes of a reboundThe A-share market is exp...

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