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Health services to be boosted as people in China retire later: analysts

Chinese top leadership's announcement on Monday to further relax the country's family planning policy and allow couples to have three children is expected to boost many industries.


Firms see demand boost from China's three-child policy

China's child-related businesses saw a sudden jump in attention both on social media platforms and the stock market on Monday afternoon after the government announced a policy allowing every couple to have three children with supportive measures as part of the effort of coping with the aging of the country's population.


Pandemic gives boost to dairy consumption

The COVID-19 pandemic has significantly changed Chinese consumers' lifestyle and dietary intake habits, with their dairy intake rates steadily increasing, said a new report released on Thursday.


Medical cosmetology market eyes double-digit growth

China's medical cosmetology market is likely to see "double-digit" growth every year for the next one or two decades, according to a senior executive at Galderma, a world-leading dermatology company.


Yearlong 'upswing' expected for trade in services

The promising performance of China's trade in services in the first quarter demonstrated the strong growth momentum of the country's economy in terms of high-quality development, officials and analysts said.


Great room for growth in China's eldercare market

China's elderly care service market has a huge room for development, and by 2030, the market is expected to be worth more than 20 trillion yuan ($3.11 trillion), Shanghai Securities News reported.


China to become world's largest smart home device market in 2024: report

China will overtake the United States to become the world's largest market for smart home devices by the end of 2024, according to an industrial report.


Consumption sees steady recovery in Q1

China's consumption market saw steady recovery during the first quarter of this year, with catering and shopping at brick-and-mortar stores driving growth and providing economic momentum.


China's duty-free market expands amid overseas consumption return

China's duty-free market has been gathering steam with overseas consumption flowing back to the home market due to the impact of the COVID-19 pandemic.