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Chinese spend over 900b yuan in online Spring Festival shopping spree

Chinese spend over 900b yuan in online Spring Festival shopping spree

BEIJING -- Staycationing Chinese consumers spent 905.76 billion yuan (about $140.16 billion) on a month-long online Spring Festival shopping spree that concluded Thursday, official data shows.The 30-day period of online shopping, which ran from Jan 20 to Feb 18, saw online catering sales skyrocket by 48.5 percent compared with the same period in 2020, according to the Ministry of Commerce.Products and services related to Lunar New Year's Eve dinner surged 78.8 percent from the Spring Festival holiday in 2020, while online sales of movie tickets spiked 412.7 percent on yearly basis to...

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in 9d
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China's industrial robot production up 19.1% in 2020

China's industrial robot production up 19.1% in 2020

sChina's industrial robot production rose 19.1 percent year-on-year to 237,068 units last year, data from the Ministry of Industry and Information Technology showed.In 2020, China's major industrial robot makers above a designated size raked in 53.17 billion yuan ($8.24 billion) in operating revenue, up 6 percent from a year earlier.During the same period, their profits fell 26.9 percent year-on-year to 1.77 billion yuan, and the decline was 24.4 percentage points narrower than that in the first three quarters.In December alone, the country produced a total of 29,706 industrial robots, up...

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Feb 2
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China bucks the global luxury market trend

China bucks the global luxury market trend

sChina has become the only country in the global luxury market to experience positive growth last year, CCTV reported on Sunday.The luxury consumption in the Chinese mainland is expected to buck the trend to report a 48 percent yearly increase to 346 billion yuan ($53.5 billion) in 2020, while the transaction volume of global personal luxury market witnessed a 23 percent drop year-on-year.For the first time, Chinese mainland has become the world's largest market for Swiss watch exports last year. And China is projected to become the world's largest luxury market by 2025, the report...

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Feb 1
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Variant of coronavirus found in capital; Hebei cases down

Variant of coronavirus found in capital; Hebei cases down

Two of the recent COVID-19 patients found in Beijing's Daxing district were carrying the highly transmissible variant of the novel coronavirus first detected in the United Kingdom, Pang Xinghuo, deputy head of the Beijing Center for Disease Control and Prevention, said on Wednesday.Also, the residential community where cluster infections were reported was designated a high-risk area, Pang said at a news conference.The finding on the two cases has been confirmed by the Beijing Center for Disease Control and Prevention, Pang said, adding that the source of the two infections was suspected of...

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Jan 22
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Top 10 digitalized Chinese cities

Top 10 digitalized Chinese cities

CCID Consulting, a firm affiliated with a think tank under the Ministry of Industry and Information Technology, released on Dec 18 a research white book titled the 2020 Top 100 Chinese Digitalized Cities, evaluating the level of digital construction in 293 Chinese cities.CCID Consulting deemed going digital is not only the trend for Chinese cities but also a development demand for the country's economy which is embodied in industrial development, city construction, government management, social governance and public services.The ranking is based on six aspects of a city's digital...

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Jan 19
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Smart mobile 'space cabin' unveiled in Sichuan

Smart mobile 'space cabin' unveiled in Sichuan

A smart mobile "space cabin" was unveiled in the China Science and Technology City, Mianyang, Southwest China's Sichuan province, on Tuesday. The cabin, with a service life of 50 years, has its own built-in integrated biochemical system and can be used for emergency rescue, tourist attractions and casual living.  EnglishCopyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or...

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Jan 5
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