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China's niche markets promote unleashing of consumption potential

With the total value of China's various niche markets – which includes those targeting youngsters living in lower-tier cities, female consumers and senior citizens – exceeding a combined 1 trillion yuan (about $153 billion), it is expected that the country's strong consumption potential will be further unleashed in the months and years ahead.

2021.08.24

Luxury brands eye Chinese Valentine's Day

With the approach of Qixi Festival, Chinese Valentine's Day, on Saturday, international luxury brands are launching limited editions of products featuring heart shapes and the color red to attract more Chinese consumers and make further inroads in China with localization strategies.

2021.08.12

Nation's gold consumption soars in first half

China's gold jewelry consumption increased 62 percent year-on-year to 146.9 metric tons in the second quarter, bringing first half gold jewelry consumption volume to a level not seen since 2015, a report by the World Gold Council (WGC) said.

2021.08.06

Auto industry sales volume to jump 25% in H1

China's automobile industry was expected to see a 24.8 percent yearly increase in sales volume in the first half of this year, according to data from the China Association of Automobile Manufacturers on Monday.

2021.07.07

China leads global NEV sales with 47% market share

China led global new-energy vehicle (NEV) sales in the first five months of this year with a 47 percent market share, ahead of Europe and North America, a new analysis from the China Passenger Car Association (CPCA) showed on Sunday.

2021.07.05

China's new energy vehicle sales to surpass 2 million in 2021

Sales of new energy vehicles in China are expected to surpass 2 million units in 2021 thanks to the country's peak emissions and carbon neutrality targets.

2021.07.01

Elderly care market gets fillip from pension products

More insurers are developing products to target the growing demand of elderly care in China where an aging society requires them, experts said.

2021.06.22

China's auto sector to grow 10% in 2021, sales of NEVs to surpass 2 million

China's domestic passenger car sales growth rate is expected to reach 10 percent in 2021, with the sales of new-energy vehicles exceeding 2 million, a record high or a year-on-year increase of 46 percent, according to China Association of Automobile Manufacturers (CAAM).

2021.06.21