China’s producer price index (PPI), which measures the cost of goods at the factory gate, decreased by 0.8% year on year in January 2023. The decrease expanded by 0.1% from that registered in December. On a monthly basis, China’s PPI edged down 0.4% in January. China’s automobile exports saw a steady increase last month. A total of 301,000 vehicles were …
China’s trade surplus surged 18% year-on-year in July 2022
China’s trade surplus unexpectedly surged to a fresh record peak of $101.26 billion in July 2022 from $55.89 billion in July 2021, far above market forecasts of $90 billion. Exports climbed 18% year on year, the most in six months, while imports grew much slower at 2.3%. China’s imports and exports totaled 23.6 trillion yuan ($3.49 trillion) during the first …
China is taking big step toward easing business travel by cutting quarantine time for international travelers
International travelers will only need to quarantine for seven days at a centralized facility, such as a hotel followed by three days of health monitoring at home, when they arrive in mainland China, according to the National Health Commission announcement on Tuesday. Before, arrivals from outside China typically had to spend 14 to 21 days in centralized quarantine, depending on …
Weixin retains top spot as the world’s most valuable and strongest brand in Brand Finance Global 500
Leading brand valuation consultancy Brand Finance announced its annual report on the world’s most valuable and strongest brands Global 500 for 2022 on January 26. For the second consecutive year, Weixin was named the world’s strongest brand. Weixin (also known outside China as Wechat) is a multi-purpose instant messaging, social media, and mobile payment app developed by Tencent. The report …
China’s ceramics manufacturing powerhouse Dehua held its first “Master IP+” product launch and business matching event
The first Dehua “Master IP+” product launch and business matching event was recently kicked off in the China ceramics e-commerce logistics park in Dehua county of eastern China’s Fujian Province. By introducing more than 300 ceramics products for the Year of the Tiger, this very first event of the newly-opened logistics park set the tone for building a “Master IP+” …