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Fed official Schmid says materials and labor costs could exacerbate housing affordability pressures.

2026-11-13

Fed official Schmid says materials and labor costs could exacerbate housing affordability pressures.

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2026-11-12

Fliggy's Double 11 fulfilled merchandise GMV rose 60% YoY; transacting users increased 41% YoY. More than 18 brand SKUs exceeded 100 mln yuan in sales. Transaction value for domestic tickets, private-charter tours, domestic cruises and outbound group

Fliggy's Double 11 fulfilled merchandise GMV rose 60% YoY; transacting users increased 41% YoY. More than 18 brand SKUs exceeded 100 mln yuan in sales. Transaction value for domestic tickets, private-charter tours, domestic cruises and outbound group tours nearly doubled YoY. The number of "hidden champion" items with GMV of 1–5 mln yuan rose about 60%, indicating stronger demand in niche travel segments.
2026-11-12

China’s national industry‑finance cooperation platform has facilitated more than 1.8 trillion yuan of financing and hosting 460,000 companies as of October 2026, with manufacturing firms representing 60% of participants. The non‑profit public service

China’s national industry‑finance cooperation platform has facilitated more than 1.8 trillion yuan of financing and hosting 460,000 companies as of October 2026, with manufacturing firms representing 60% of participants. The non‑profit public service, built on Ministry of Industry and Information Technology and partnering financial institutions’ data resources, shares multi‑agency data and uses enterprise tagging and data‑model algorithms to better match firms’ financing needs with financial products.
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