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Economy

US trade deficit widens in April amid COVID-19 fallout - China Economy News
Economy

US trade deficit widens in April amid COVID-19 fallout

The overall US trade deficit widened by 16.7 percent in April as the COVID-19 pandemic weighed on both imports and exports.
1.9 million seek U.S. jobless aid even as reopenings slow layoffs - China Economy News
Economy

1.9 million seek U.S. jobless aid even as reopenings slow layoffs

Nearly 1.9 million people applied for US unemployment benefits last week, evidence that many employers are still cutting jobs.
Shanghai speeds up privacy protection law - China Economy News
Economy

Shanghai speeds up privacy protection law

Regulation to strengthen data security and prevent the misuse of people's' personal information is expected to come into force as early as the end of the year.
Consumer market maintaining good recovery - China Economy News
Economy

Consumer market maintaining good recovery

China's Ministry of Commerce says that over 95 percent of major companies in the retail sector had resumed work as of June 1 with 94.5 percent of stores open for business.?
Platforms promise further support for small businesses - China Economy News
Economy

Platforms promise further support for small businesses

Expanded options for delivery, interest-free loans and subsidies are some of the incentives being offered by leading digital platforms to small businesses.
What are you willing to pay as prices rise? - China Economy News
Economy

What are you willing to pay as prices rise?

As many retail businesses begin reopening, they now face a dilemma as they try to repair their finances: Can we raise prices without a consumer backlash?
Nighttime festival to brighten city streets - China Economy News
Economy

Nighttime festival to brighten city streets

Shopping, food, leisure and entertainment activities will feature at night from June 6 to boost the city's economy and entertain visitors and local residents.?
Rapid expansion for services sector in May - China Economy News
Economy

Rapid expansion for services sector in May

Latest data finds business activity and new work rising at the quickest rate since late 201 amid an easing of measures designed to combat the COVID-19 outbreak.
Shanghai shopping festival helps revive retail spending - China Economy News
Economy

Shanghai shopping festival helps revive retail spending

May sales got a major lift from recent promotional events, and have returned to levels comparable to last year. Online shopping was a major bright spot.
Top chain stores sales up over 5% last year - China Economy News
Economy

Top chain stores sales up over 5% last year

Looking ahead, operators remained cautiously optimistic about their business outlook this year, when only 36 percent expect to achieve year-on-year sales growth.
L'Oreal's YSL Beauty Worldwide Flagship opens in Shanghai Livestreaming shows a highlight of Quality Life Week Honor smartphone can measure temperature Asia-Pacific office spaces plan for transformation Lifeline to small businesses: Will it work? Demand for vehicles rising after pandemic Chinese equities posting divergent results Vlogging boosts demand for smart devices GM strengthens electric vehicle strategy May marks multi-year high for Shanghai real estate Chinese e-commerce platform Oriental Culture Holding seeks US IPO Festival serves up tastes from around the globe Pop-up McDonald's store for pedestrian mall Shanghai home sales surge 22 percent in latest week BMW expanding its charging network in China Chinese equities end trading broadly flat Bright start to 618 event for digital firms Realme now has 35 million users globally Greystar to launch first residential rental brand in China NetEase applies for secondary listing in HK China auto sales growth seen for second straight month, boosting recovery hopes SMIC to raise 20b yuan with STAR listing Cultural studies gets role in economic development Santen Pharmaceutical opens high-speed line in Suzhou FinVolution expecting second-half rebound Exhibition center getting back to business Sales of new-energy vehicles on the rise AI system powers local children's hospital Financial markets mixed at end of trading Weekly new home sales climb 10 percent in Shanghai China's top-tier warehouse market poised for another decade of growth: JLL AI technology improves company's customer service Lingang reveals global digital harbor plan French carmakers see signs of recovery despite sales plunge Fresh produce sales to alleviate poverty South America's biggest airline seeks Chapter 11 Work resumption salvages working class amid epidemic Volkswagen increases position in JAC joint venture, parent company ZTE's new smartphone model a first for 5G Shares see gains after favorable policies Shui On Land acquires rights to Qingpu parcels NPC deputy calls for more efforts on CIIE
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