Hubei province

New Business

Explainer | Why China’s commercial space sector is grabbing attention – including from Elon Musk

On Saturday, the Beijing-based start-up LandSpace reportedly plans to conduct the maiden launch of its Zhuque-3 rocket – a reusable…

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New Business

China’s ‘Moutai of funeral services’ posts first loss in a decade as consumers stay cautious

China’s largest cemetery operator and funeral services provider, Fu Shou Yuan, reported its first loss in more than a decade,…

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New Business

Working in Hong Kong, living in Shenzhen: why people are making move to mainland city

At 8.30am on Monday, 24-year-old Lisa Sun leaves her flat in Shenzhen and begins her long commute to work. It…

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New Business

Why China’s white- and blue-collar workers are worried about losing their shirts

This is the final story in a three-part series exploring the domestic economic challenges China faces as it navigates an…

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New Business

Local governments halt some subsidies on purchases ahead of China’s 618 shopping festival

With e-commerce platforms gearing up for one of China’s biggest shopping festivals of the year, some local governments have suddenly…

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New Business

China’s crystal industry shimmers as ‘little luxuries’ curb anxiety, quell economic unease

Lunar New Year, arguably China’s biggest annual holiday, can be seen as a barometer for the country’s economy. As more…

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Tech

Chinese EV maker Nio to amp up battery-swap network with 900 faster stations this year

“Only one-third of Chinese EV owners have charging piles for household use,” he said. “Charging facilities and technologies still need…

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