The recovery of consumption to support China’s economic rebound is of utmost importance.

In 2022, Swire Properties generated HKD 13.826 billion in revenue and announced a HKD 50 billion investment plan in the Chinese mainland.

China’s IFS properties, including Changsha IFS and Chengdu IFS, under The Wharf (Holdings) Limited, have experienced their first revenue decline in recent years.

China’s e-commerce giant, Yatsen Holding Limited, saw a 36.5% dip in net income from RMB 58.4 billion in 2021 to RMB 37.1 billion (approximately USD 5.37 billion) in 2022.

In 2021, the company acquired all IP rights of the Swiss high-tech sports luxury brand X-BIONIC in China.

NIO’s first Danish battery swap station goes live, bringing its total to 12 across five European countries.

IFS Chengdu and Sino-Ocean Taikoo Li ranked first and second with annual sales of over RMB 8 billion each. The MixC Chengdu ranked third with annual sales of RMB 5.4 billion.

Jamieson Wellness is one of the world’s leading VMS (vitamins, minerals, and supplements) companies and the owner of Canada’s top consumer health brand.

In 2022, Lao Feng Xiang achieved a whopping revenue of 63.01 billion yuan, marking a remarkable 7.36% increase year-on-year.

Huali Industrial Group sold a total of 221 million pairs of sneakers, an increase of 4.65% year-on-year; operating revenue was RMB 20.57 billion.