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China Economy
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Macro-economy
China's Hainan sees surge in duty-free shopping during summer season
Hainan is experiencing a surge in duty-free shopping during this summer season. It is reported that in the first six months of this year, offshore duty-free sales totaled 19.92 billion yuan (about 2.93 billion U.S. dollars), involving 15.966 million duty-free items and 2.793 million shoppers, registering year-on-year growth of 18.8%, 7.3% and 12.6% respectively.
July 20, 2026
Industry
RMB use expands in Africa amid growing financial connectivity and trade
As China-Africa trade continues to expand, the RMB is being used not only for trade settlement, but increasingly for payment and clearing and, more recently, for financing.
September 07, 2026
Local
Macao airport pilots cargo operations in south China's Guangdong
Macao International Airport (MIA) on Wednesday launched pilot cargo palletization on neighboring Hengqin island in Zhuhai, south China's Guangdong Province, as part of its upstream cargo terminal project currently under construction.
August 27, 2026
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