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How emotion-driven spending fuels China's consumer potential

November 27, 2025 2025-11-27

Amid China's push to advance innovation and cultivate future industries, the "Sci-Fi Communication Empowering Future Industry Development" subforum convened on Nov. 23 in Beijing, with experts discussing pathways for science fiction to support future industrial development.
November 27, 2025 2025-11-27
During the January-October period, China's total retail sales of consumer goods amounted to 36.6 trillion yuan ($5.17 trillion), marking a 4.4% increase year on year, 1.2 percentage points higher than the year-on-year growth rate in the same period last year, an official of the Ministry of Commerce said at a press conference on Thursday.
November 27, 2025 2025-11-27
​Beijing has rolled out 800,000 application scenarios for the digital RMB, with a total of 540 million transactions and nearly 300 billion yuan ($28 billion) in transaction value, further strengthening the city's position as a hub in the field of digital finance.
November 27, 2025 2025-11-27
​The National Development and Reform Commission (NDRC), China's top economic planner, said on Thursday that it recently convened a meeting to study and formulate standards for identifying the costs associated with disorderly price competition.
November 27, 2025 2025-11-27
From conference credentials to mineral water bottles and shopping bags, such everyday items at the 5th International New Materials Industry Conference held recently in Bengbu, east China's Anhui Province, were made from an innovative material -- polylactic acid (PLA).
November 27, 2025 2025-11-27
Shanghai has recently announced reforms to streamline drug and medical device regulations, aiming to accelerate the high-quality development of its biomedical industry, local officials said on Wednesday.
November 27, 2025 2025-11-27
The European Union is willing to work with China to help ease tension in the dispute involving Nexperia, a Chinese-owned semiconductor company in the Netherlands, because the issue needs to be resolved thoroughly, said a senior official from the European Commission.
November 27, 2025 2025-11-27
Profits of China's major industrial firms grew 1.9 percent year on year in the first 10 months of 2025, extending a solid recovery that has continued for three consecutive months since August, official data showed on Thursday.
November 27, 2025 2025-11-27
​The United States' overall consumer spending declined further from early October to mid-November, while high-end retail spending remained resilient, the Federal Reserve said in its Beige Book released on Wednesday.
November 27, 2025 2025-11-27
The first downtown duty-free shop in China's northwest region opened in Xi'an on Wednesday. Holders of valid entry and/or exit documents who have purchased outbound flight or cruise tickets due in 60 days are eligible for duty-free discounts on their purchase at the shop.
November 27, 2025 2025-11-27
​Chinese carmaker BYD Auto launched a new plug-in hybrid electric vehicle (PHEV) in Israel, its Israeli dealership Shlomo Motors announced on Wednesday at a launch event in the central city of Rishon LeZion.
November 27, 2025 2025-11-27
​A collaboration between Chinese automaker Chery and Spanish brand Ebro is helping the Southern European country to rebuild auto manufacturing capacity, it emerged this week.
November 27, 2025 2025-11-27
Amid robust policy support and relentless innovation, China's drive to cultivate unique small and medium-sized enterprises, or SMEs, is gaining significant momentum, officials and experts said.
November 27, 2025 2025-11-27
Volkswagen Group China Technology Company (VCTC) has completed the core expansion of its R&D center in Hefei, capital of east China's Anhui Province, establishing it as Volkswagen's first and largest integrated R&D base outside Germany with full-process vehicle development and validation capabilities.
November 27, 2025 2025-11-27
​The Middle East Consumer Electronics Show (MECES 2025) kicked off on Wednesday at Dubai Festival Arena, spotlighting China's growing technological footprint in a region eager for smart and sustainable development solutions.
November 27, 2025 2025-11-27
A joint venture between China's CATL and multinational automaker Stellantis broke ground on Tuesday for a major lithium iron phosphate (LFP) battery plant in Spain's northeastern region of Aragon.
November 27, 2025 2025-11-27
A business forum on Bulgaria-China cooperation in the automotive sector was held in Sofia on Wednesday, aiming to strengthen bilateral cooperation and establish new partnerships.
November 27, 2025 2025-11-27
Private businesses were urged to contribute to China's high-quality development and common prosperity at the seventh congress of the China Society for Promotion of the Guangcai Program (CSPGP), which opened in Beijing on Wednesday.
November 26, 2025 2025-11-26
​China's Ministry of Industry and Information Technology and five other departments released an action plan on Wednesday, mapping out key measures to better align the supply and demand for consumer goods and further stimulate consumption.
November 26, 2025 2025-11-26
Shenzhen's youngest tech founders are betting that their next edge in artificial intelligence will come from hardware, not apps, fueled by the city's supply chain advantages.
November 26, 2025 2025-11-26
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