Unlocking Global Opportunities: The 8th China International Import Expo (CIIE) in 2025
Following the resounding success of the 7th China International Import Expo (CIIE), the CIIE Bureau has launched a global promotional campaign for the 8th CIIE, scheduled for 2025. This initiative aims to deepen the integration of international enterprises into the Chinese market, offering unparalleled opportunities for trade, innovation, and collaboration. The global promotional tour began […]
China’s R&D Spending Surpasses $500 Billion in 2024, Driving Global Innovation
China’s research and development (R&D) spending surged in 2024, exceeding 3.6 trillion yuan (approximately $500 billion), reflecting an 8.3% year-on-year increase, according to data from the National Bureau of Statistics (NBS). This milestone underscores China’s commitment to technological innovation and positions it as a global leader in R&D efforts. R&D Growth and Economic Contributions In […]
HOTELEX Shanghai 2025: A Gateway to Global Hospitality and Foodservice Innovation
HOTELEX Shanghai Hospitality Equipment & Foodservice Expo, a globally recognized event, is set to return from March 30 to April 2, 2025, at the National Exhibition and Convention Center (NECC) in Shanghai. Building on the success of its 2024 edition, this premier event continues to redefine standards in the hospitality and foodservice industries. Celebrating Over […]
NEPCON China 2025: Shaping the Future of Electronics Assembly and Innovation
NEPCON China, the premier B2B event for the electronics assembly industry, returns on April 22-24, 2025, at the Shanghai World Expo Exhibition & Convention Center. Organized by RX Greater China, NEPCON China 2025 promises an expansive showcase of cutting-edge technologies and solutions in fields such as SMT, test and measurement equipment, semiconductor packaging, and smart […]
China’s Domestic and International Tourism Flourishes in 2024
China’s tourism sector witnessed remarkable growth in 2024, with domestic and international travel experiencing significant upticks. The Ministry of Culture and Tourism reported 5.615 billion domestic trips, marking a 14.8% increase from the previous year. Domestic travelers spent over 5.75 trillion yuan (approximately $790 billion USD), reflecting a 17.1% rise in revenue year-on-year. Domestic Tourism […]
Unlock Mainland E-commerce: HKTDC Empowers Hong Kong SMEs
The Hong Kong Trade Development Council (HKTDC) is taking decisive steps to empower Hong Kong’s small and medium-sized enterprises (SMEs) to navigate the vast opportunities presented by Mainland China’s booming e-commerce market. Through the second edition of the Hong Kong Shopping Festival, HKTDC offers SMEs a suite of expert-led seminars, consultancy services, and innovative marketing […]
China’s Electricity Consumption Rises by 6.8% in 2024, Reflecting Economic Growth
China’s electricity consumption, a critical measure of its economic activity, experienced a significant rise in 2024, showcasing the nation’s ongoing industrial and residential development. According to the National Energy Administration, total power consumption for the year reached an impressive 9.85 trillion kilowatt-hours (kWh), marking a 6.8% year-on-year growth. Sector-Wise Breakdown of Power Usage The growth […]
China’s 2025 Spring Festival Travel Rush Hits 214M Train Tickets Sold
China’s official train ticket booking platform, 12306, has sold a staggering 214 million tickets as of Monday morning during the Spring Festival travel rush (chunyun), according to the China State Railway Group Co., Ltd. This marks a significant milestone for what is often dubbed as the largest annual human migration in the world. A Surge […]
China’s Spring Festival Film Market Surges with Over 235 Million Yuan in Pre-Sales
China’s vibrant movie market is kicking off 2025 on a high note as advanced ticket bookings for the Spring Festival holiday season have already surpassed 235 million yuan (approximately 32.7 million U.S. dollars) by Monday afternoon. This impressive milestone highlights the renewed energy in the world’s second-largest film market. A Booming Start to the Spring […]
Hong Kong Records All-Time High in Company Registrations for 2024
The Hong Kong Special Administrative Region (HKSAR) achieved a historic milestone in 2024, with the total number of registered firms reaching an all-time high. The surge reflects the region’s ongoing efforts to strengthen its position as a global business hub and attract key companies and top talent. Record Numbers of Local and Non-Hong Kong Companies […]