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  • Booming consumer confidence in smaller cities
    Booming consumer confidence in smaller cities
    2014-07-30

    Rising optimism in small Chinese cities has helped push overall consumer confidence in the nation to a record high, despite slowing economic growth, a new report said. Based on a survey of 1,000 people in 12 cities, the Boston Consulting Group found that consumers are feeling more hopeful about the

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  • Licensing for baby formula tightened
    Licensing for baby formula tightened
    2014-06-02

    By Xu Wei and Wang QingyunBEIJING, Dec. 26 (Xinhuanet) -- China's food and drug authority unveiled a new regulation on Wednesday that raises the bar for the licensing of domestic producers of baby formula.Experts believe it could result in an industry reshuffle and a potential price surge for domest

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