Retail & Services--China Economic Net
Retail & Services
Legacy brands revitalized as China-chic products unleash new demand2024-06-30
While ice cream in various flavors is available at grocery stores in Beijing, a host of young people still feel compelled to wait in a long line in the blazing sun for something special.
Chinese online stores gain popularity among Finns: report2024-03-21
Although online shopping in Finland shrank in 2023 for the second year in a row, buying from Chinese online stores is gaining popularity in the country, the Finnish Commerce Federation said on Wednesday.
China issues guideline to boost e-commerce in rural areas2024-03-14
China has rolled out a guideline to advance the high-quality development of e-commerce in its rural areas, said the Ministry of Commerce (MOC) on Wednesday.
Gold back in favor as Gen Z buys2024-02-27
Gold is witnessing a resurgence in popularity, with the precious metal reclaiming its allure this year, driven by the country's younger generation.
China's resort island reports surging duty-free sales during Spring Festival2024-02-19
South China's island province of Hainan reported a total of 2.49 billion yuan (about 346.1 million U.S. dollars) of offshore duty-free sales during the eight-day Spring Festival holiday, a year-on-year increase of nearly 60 percent, said Haikou Customs.
Int'l brands embrace Chinese market by tapping into "Year of the Dragon"2024-02-04
As the Chinese Lunar New Year, or the Spring Festival, approaches, numerous international brands have tapped into Chinese zodiac culture and unveiled Year of the Dragon limited edition products to embrace the Chinese market.
Items of good luck, fortune selling like hotcakes2024-01-31
As Chinese New Year draws near, young Chinese consumers have been purchasing auspicious products that satisfy an emotional need for good luck and fortune, with the trend fueling business growth for manufacturers of small items.
Private brands spur sales of retail stores2024-01-11
Chinese supermarkets, warehouse club chains and convenience stores are increasingly relying on their own store brands to better serve consumers seeking value and affordability.
1704160156473.png Hainan's offshore duty-free sales up 25 pct in 20232024-01-02
Hainan's offshore duty-free sales up 25 pct in 2023
Demand for foreign brands drives consumption upgrading2023-12-25
Chinese consumers are demanding high-quality, foreign brands in keeping with changing lifestyles, fueled by enhanced logistics efficiencies and preferential policies such as lower tariffs and an expanded list of imported goods, experts said.
E-shopping gets shot in the arm from livestreaming2023-12-25
The Christmas-to-New Year's Day week is typically preceded by peak shopping in many parts of the world; but in China, livestreaming has been making people go e-shopping all the time. Salespeople double up as hosts or presenters and face cameras to peddle all sorts of products, services, technologies and content in real time.
Shoppers coming back to malls2023-12-12
Consumers in China are increasingly returning to shopping centers after nearly a year of optimized COVID-19 prevention measures as additional commercial complexes have been built across the country, offering a wide range of lifestyle experiences and entertainment, an industry survey revealed.
FMCG segment to further pick up in Q42023-12-10
China's fast-moving consumer goods (FMCG) sector showed mild recovery during the first nine months, thanks to rising consumer interest in healthy, cost-efficient and distinctive products, a new report showed.
Local govts give out vouchers to boost consumption2023-12-06
Some provinces and municipalities in China are stepping up policy support for the consumption sector, with many giving out vouchers to boost sales of automobiles and home appliances.
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