Zhejiang province

New Business

Economists call for reform as China’s famed marketisation index drops

Chinese economists have called for more pro-market reforms to tackle economic imbalances and vicious intra-industry competition, as a new report…

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Explainer | No-fly zone: what brought about China’s largest power bank scandal

Portable lithium-ion batteries without the China Compulsory Certification (3C) safety mark – a mandatory quality assurance standard for many products…

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China’s coffee lovers skip urban grind for a rural buzz, but is cafe craze sustainable?

She seldom visits the same suburban cafe twice. Asa Jin has her cuppa, takes in the view, snaps her share…

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China building strong foundation for next wave of AI, robotics: Unitree CEO

As the head of China’s humanoid robotics start-up Unitree disclosed its annual revenue has passed one billion yuan (US$139.4 million),…

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How a Chinese AI start-up helps Nike, Gap, Urban Revivo predict fashion trends

Founded in 2018 at fast-rising Chinese technology hub Hangzhou, capital of eastern Zhejiang province, Zhiyi Tech is focused on compiling…

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Hard to pivot: why China’s exporters struggle to sell at home despite trade war

A Chinese company that exports straws and food packaging materials spent 30 million yuan (US$4.16 million) last year to comply…

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Fifth time lucky? Chinese restaurant chain Green Tea makes another Hong Kong IPO attempt

Mainland Chinese restaurant chain Green Tea Group has received approval from the Hong Kong stock exchange for an initial public…

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Add oil: China eyes sweaty success as sports-economy boom brings big gains

In its race to attract visitors and fuel spending, China’s gateway city of Shanghai welcomed a record-high 220,000 spectators for…

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‘Open door red’ to ‘summer blue’: will second quarter slam China’s GDP again?

Each spring, China’s policymakers and state media customarily toss around an idiom to bid the economy an auspicious start: kai…

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DeepSeek’s rise helps push China’s ‘little giants’ into spotlight at ‘two sessions’

China’s “little giant” manufacturers have been put under a big spotlight at the annual meeting of the National People’s Congress…

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