China's consumer market bustling amid Spring Festival shopping boom
With the Olympic panda mascot Bing Dwen Dwen sold out all over China due to people's enthusiasm for the 2022 Games, China saw a brisk consumer market during the Lunar New Year holiday, the first seven-day long festival of the year that ended Sunday.
Macro
China's prospects in 2022, what do economists say?
Marching into the year 2022, will China sustain the momentum of economic growth? What are the policy priorities this year? What should be expected of China's capital market?
In-depth
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China's resort island sees tourism boom during Spring Festival
Ten offshore duty-free shops in Hainan sold goods worth about 2.1 billion yuan during the Spring Festival, an increase of 151 percent year on year, according to the provincial department of commerce.
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Second-hand goods a first choice for more Chinese
Traditionally, the purchase of pre-owned items is often seen as a sign of financial struggle that can lead to social shame. Today, Chinese people, especially young people, view it in a more pragmatic fashion.
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Industries
China's postal sector reports stable growth over Chinese New Year holiday
China's postal and courier industry saw steady growth during the Chinese New Year holiday, or the Spring Festival, the State Post Bureau said Monday.
China boasts over 1.4 mln 5G base stations
China has set up a total of 1.43 million 5G base stations as of the end of 2021 amid the country's efforts to boost information and communication technologies.
China's e-commerce hubs see surging exports via int'l freight trains
Jinhua and Yiwu in east China, two of China's major e-commerce hubs, have delivered 5,886 twenty-foot equivalent units of cargo via China-Europe and China-Laos freight train services during the Spring Festival holiday.