Retail & Services
Short videos, livestreaming redefine retail2021-10-18
In traditional commerce, businesses keenly peddle their merchandise, highlighting features, functionalities and alluring price tags.
Virtual influencers link up brands and customers2021-10-18
When cosmetics group L'Oreal introduced its first-ever virtual host for its MG beauty masks during the third China International Import Expo, few could find a strong relation between the animation figure and themselves.
Guochao evident in appealing packaging2021-10-18
The guochao movement-a rising tide of consumers appreciative of Chinese cultural elements-is increasingly evident on domestic cosmetics packaging as manufacturers become more attuned to young local consumers' rising interest in their own culture.
China's 2021 retail sales to hit 44 trln yuan: ministry2021-10-18
China's retail sales of consumer goods are expected to hit 44 trillion yuan (about 6.8 trillion U.S. dollars) in 2021, an official said Sunday.
1631844113(1).jpg SARs' brands fostered by dual-circulation paradigm2021-10-18
SARs' brands fostered by dual-circulation paradigm
China's retail sales up 2.5 pct in August2021-10-18
China's retail sales of consumer goods went up 2.5 percent year on year in August this year, data from the National Bureau of Statistics (NBS) showed Wednesday.
Global trade group says nation will brighten diamond boom2021-10-18
The head of the Natural Diamond Council, a global trade group, sees China continuing to drive the world's diamond consumption on the back of its strong economic growth despite the impact of the COVID-19 pandemic.
Convenience stores return to Beijing Subway2021-10-18
After nearly two decades of absence, convenience stores have begun to operate again inside select Beijing subway stations for a trial run, and more such stores are expected to be launched later to improve comprehensive service for straphangers.
Report: Purchasing power of Gen Zers, silver group witnesses big momentum2021-10-18
Generation Z, people born between the mid-1990s and the early 2010s, and the silver generation, those aged 65 and above, are set to become the backbone of China's next powerful consumption group, a new report said.
China's retail sales up 8.5 pct in July2021-10-18
China's consumption continued recovery momentum in July as domestic demand firmed up, official data showed Monday.
Sparkling beverages soar in popularity among young Chinese2021-10-18
Rika Liu, a 27-year-old who works for a multinational company in Shanghai, opened a bottle of lime flavored Perrier-a kind of carbonated natural mineral water imported from France-after an hour of an exhausting dance class.
China Duty Free Group forecasts profits surge in H12021-10-18
China Duty Free Group Co., Ltd. (CDFG), a state-owned enterprise operating duty-free business, expects its profits to surge in the first half of the year, the company said in a statement filed with the Shanghai Stock Exchange.
Near-expired food a new fad among young consumers2021-10-18
Every week, Wu Lin, a 19-year-old college student would queue up at a store specializing in selling food nearing their expiration date, and return to the dorm with a bag of discounted snacks.
Home-grown brands gaining traction among Chinese consumers: media2021-10-18
China's local brands are increasingly gaining in popularity among consumers at home, Reuters reported recently.
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