"Made in China" attracts global shoppers as favorable policies boost travel rush
With the rise of "China tours" on social media in recent years, shopping sprees in China are fast becoming a global consumer trend. An increasing number of international tourists are now visiting the country with shopping as a key motivation.
Macro
China releases plan to advance Digital China development
China has released a 2025 action plan to build a Digital China, outlining key initiatives in areas such as "AI Plus," infrastructure upgrades, the data industry and digital talent development, the National Data Administration said.
In-depth
Economic Watch: China's financial policy package injects cash and confidence to economy
A 0.5 percentage-point reduction in the reserve requirement ratio for eligible financial institutions takes effect Thursday, with the move expected to inject roughly 1 trillion yuan of long-term liquidity into China's financial market.
moreEconomic Watch: China doubles down on urban upgrades to boost high-quality development
China is intensifying efforts to advance its urban renewal initiative as it strives to build livable, resilient and smart cities, and to bolster high-quality development.
more
Companies
Tesla's Shanghai Gigafactory reports strong exports in April
Tesla's Shanghai Gigafactory exported nearly 30,000 vehicles in April, marking its highest monthly export volume in the past 12 months.
Tencent to boost AI, global expansion investments
Chinese internet giant Tencent has vowed to ramp up all-round AI investments and further expand its overseas commitments, a company announcement revealed on Friday.
