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Shanghai Daily,上海日报

Consumer


50% tariff cut to boost consumption

CHINA will cut import tariffs by about 50 percent for some consumer goods in June to boost domestic consumption. Tariffs for imported skin-care products will be slashed from 5 percent to 2 percent, diapers ...

May 26, 2015, Tuesday


JD.com to probe defective iPhones

JD.COM, which reportedly sold refurbished iPhones, promised “a thorough investigation” of the case yesterday. A report by China Central Television said JD.com, one of China’s largest online retailers, ...

May 25, 2015, Monday


Egg prices set to increase on avian flu

Candice Sutnick shops for eggs at Laurenzo’s Italian Center in Miami, Florida. Egg prices are set to rise as avian flu takes a toll on chickens with millions of chickens having to be destroyed in an effort to keep the virus from spreading. Some egg-dependent companies are contemplating drastic steps: importing eggs from overseas or looking to egg alternatives. — AFP...

May 23, 2015, Saturday


Consumer confidence dips in Q1: Nielsen

CONSUMER confidence in the first quarter dipped one point from a quarter ago with sentiment about employment and personal finance both lowered, a latest study shows. The Chinese Consumer Confidence index ...

May 21, 2015, Thursday


No oil emerald worth US$1.5-2.3m

A model poses with a 38.51-carat Colombian emerald and diamond bangle, designed by Etcetera, the largest no oil emerald ever to be auctioned, at a preview by Christie’s ahead of their jewelry sale in Hong Kong. According to the company, the diamond bangle is worth an estimated US$1.5 million to 2.3 million and will be sold at the auction on June 2. ...

May 20, 2015, Wednesday


Deal seeks to tap online drug sales

SHANGHAI Pharmaceutical Holding said it has teamed up with e-commerce company JD.com to further tap the boom in online drug sales. The two companies will increase their investment in Shanghai Pharmaceutical ...

May 19, 2015, Tuesday


Car hire app hints at tie-up with Uber

CHINESE private car hire app Yidao Yongche has hinted at a tie-up with Uber Technologies Inc, the controversial US$40 billion taxi-hailing firm which has repeatedly hit regulatory roadblocks in China, ...

May 19, 2015, Tuesday


Luxury brands sue Alibaba in counterfeit row

A GROUP of luxury goods makers have sued Alibaba Group Holding Ltd, contending the online shopping giant had knowingly made it possible for counterfeiters to sell their products throughout the world. ...

May 18, 2015, Monday


Strong interest in medical sector

Visitors are attracted by the poster at the China International Medical Equipment Fair, which began yesterday at the National Exhibition and Convention Center in Shanghai. More than 2,600 medical equipment manufacturers from over 20 countries and regions display their latest medical products at the fair, which ends on Monday. — Xinhua...

May 16, 2015, Saturday


China to double e-commerce value

CHINA is aiming to almost double the value of its e-commerce sector in two years by tapping in rural, small city and foreign markets, under an action plan published by the Ministry of Commerce yesterday. ...

May 16, 2015, Saturday


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