Gree Real Estate’s acquisition of Zhuhai Duty-Free for nearly 9 billion yuan marks its foray into the tax-free industry, paving the way for a consumer industry centered around tax-free businesses.
As travel restrictions to China are gradually lifted, fashion and luxury industry giants are flocking to the Chinese market for research.
Despite an 8% decline from the previous year, property investment remains a major source of income for Shui On Xintiandi, bringing in RMB 2.04 billion.
Nike’s zero-carbon smart logistics park has been completed in Taicang, Jiangsu, China.
Swiss watches saw a significant surge in exports to major markets in February, with a whopping 6.1% YoY increase in exports to Europe as a whole.
ANTA Group has achieved a staggering compound annual growth rate of over 25% in the past seven years.
After the completion of the transaction, China Tourism Group Duty-Free Corporation Limited will hold a 49% stake in CNSC.
Get ready to witness the fashion extravaganza as the opening ceremony of China International Fashion Week kicks off on March 24th. From March 25th, 51 prominent brands will showcase their latest collections with 52 stunning runway shows.
For the first time since 2017, footwear has outstripped apparel as the biggest contributor to Li-Ning’s revenue.
Boosting Yunnan: Botanee’s RMB 5 billion central factory completes construction and commences production, driving local employment and promoting technological innovation in the health industry.