Economy

China’s movie sector ushers in its arguably best peak season during this Chinese New Year holidays, with the national box office exceeding 4 billion yuan ($620 million) in two and…

China's centrally-administered state-owned enterprises (SOEs) spent more on research and development (R&D) in 2020 amid efforts to boost innovation-driven development, according to the country's state-asset regulator. Their R&D input grew…

"Revenge consumption" is fueling a boom in flower sales in Wuhan in Central China's Hubei Province during this year's Spring Festival holidays, as locals, unable to visit physical markets amid…

The CPI, a main gauge of inflation, declined by 0.3 percent in January from the same period last year, compared with December 2020's 0.2-percent gain, according to data released by…