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ECONOMY-FINANCE

Chinese night-time economy shines with vitality

A night market featuring cultural and creative products is opened in Xiangyang, central China's Hubei province, May 21, 2021. (Photo by Yang Dong/People's Daily Online) By Lin Lili, Zhou Haixiang, People's Daily Night-time economy, now a significant part of urban commerce, demonstrating a city's characters and dynamism, is also an important barometer for a city's economic vitality.

  1 year ago ago
Chinese night-time economy shines with vitality

ECONOMY-FINANCE

Actual use of FDI into Chinese mainland up 38.6 percent in first four months

A worker is manufacturing electrical products for domestic supply and to be exported to Southeast Asia in a plant of Simon Electric in Hai’an Economic and Technical Zone, east China’s Jiangsu province, March 29, 2021. (Photo by Zhai Huiyong/People’s Daily Online)

  1 year ago ago
Actual use of FDI into Chinese mainland up 38.6 percent in first four months

BUSINESS

China’s catering revenue sees first positive growth of this year

Photo taken on Mar. 24 shows a restaurant packed with customers in Yangpu district, Shanghai. (Photo by Yang Jianzheng/People's Daily Online) By Lin Lili, People’s Daily China’s catering revenue registered 437.2 billion yuan (about $66.7 billion) in October, up 0.8 percent from the same period last year, marking the first year-on-year positive growth this year, according to data released by the National Bureau of Statistics (NBS) recently. Catering industry is an important area in China’s efforts to

  1 year ago ago
China’s catering revenue sees first positive growth of this year