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China's latest efforts to boost sales of automobiles, home appliances and other big-ticket items are expected to stimulate consumers' appetites, spur a consumption recovery amid the pandemic, and stabilize economic growth.
People enjoy their leisure time at a camping site in Chongqing on June 4. [Photo by ZHAI MINGBIN/FOR CHINA DAILY]Sales related to gardening, high-end camping, cooking and wellness on rise
Editor's note: China aims to nurture 10,000 "little giants" from 2021 to 2025 amid an ambitious plan to trigger the vitality of small and medium-sized enterprises in its sprawling industrial economy. "Little giants" typically specialize in niche sectors, command high market shares and boast strong innovative capacity. To be termed a "little giant", a Chinese firm must see a minimum 5 percent year-on-year average growth rate of its main business income or net profit in the past two years. More importantly, it must have two valid invention patents or other simil...
Chinese consumer electronics giant TCL Technology Group Corp is accelerating steps to strengthen its capacity in global operations, establish complete industrial chains across the globe and increase investment in research and development to expand its footprint in emerging markets.
Chinese consumer electronics giant TCL Technology Group Corp is accelerating steps to strengthen its capacity in global operations, establish complete industrial chains across the globe and increase investment in research and development to expand its footprint in emerging markets.