Shanghai Shopping Festival Shows Latest in Consumer Trends
The 2025 Shanghai Shopping Festival, now being held for the sixth time, is showcasing the latest trends in China’s consumer market, according to officials and company executives at the launch ceremony on May 1. A key focus this year is the “silver economy” — spending conducted by senior citizens. Companies are offering special packages that combine healthcare, elderly care, tourism, financial services and other consumer goods. As Shanghai’s GDP per capita continues to rise, the city’s consumer spending patterns are shifting, with a larger portion of spending expected to be directed toward services. To meet this demand, Shanghai is expanding its offerings in sectors like telecommunications, the internet, education, culture and healthcare. This year’s shopping festival, running…
MINISO Releases 2024 ESG Report Highlighting its Position as an Industry Leader
Global lifestyle brand MINISO recently released its 2024 ESG (Environment, Society and Governance) Report, which underscores how the brand is contributing to brighter futures across many aspects – from philanthropic contributions to staff welfare and sustainable innovation. Significantly, the report highlights MINISO’s performance in the authoritative MSCI ESG and Wind ESG ratings. MINISO has been given an AA rating by MSCI – making MINISO a “leader” in its field and marking the third year of consecutive improvement in its ranking considering factors such as Corporate Behaviour, Privacy & Data Security, and Labor Management. Wind, meanwhile, has also awarded MINISO an AA rating for the second consecutive year, ranking first in the…
LG Display to Showcase World’s Best Solutions for Future Mobility at SID Display Week 2025
LG Display, the world’s leading innovator of display technologies, announced today that it will participate in SID Display Week 2025, the world’s largest display exhibition, where it will showcase next-generation automotive displays. SID Display Week draws together global display companies and researchers to present research papers on new technologies and exhibit medium- to long-term future technologies alongside new products. This year’s event is being held in San Jose, California, for three days from May 13 (local time). LG Display plans to showcase the world’s best automotive displays optimized for future mobility under the theme “Driving the future.” In line with the growing trend of larger and more numerous automotive displays…
Back-to-back Holidays: Where to Unwind Post-Raya with Agoda
From a month of fasting to a whirlwind of reunions, house-hopping, and festive feasting, the Raya season is as joyful as it is hectic. After the celebrations, a quick weekend getaway could be the perfect remedy to rest and recharge. Whether it’s a beachside retreat, a wellness reset, or a nature escape, Agoda makes it easy to find the perfect place to unwind and rejuvenate. Fabian Teja, Country Director Malaysia and Brunei at Agoda said: “For those looking to relax after the festivities of Hari Raya, a weekend escape can be the ideal way to refresh. At Agoda, we believe that rest isn’t just a luxury, it’s a necessity for…
Global brands bring state-of-the-art vehicles to Auto Shanghai
Leading global and domestic brands, including industrial giants Volkswagen and BYD, are showcasing their latest models at the ongoing Auto Shanghai event. Among the domestic brands participating in the show, SAIC unveiled its new model, the “Shangjie”, which was developed in collaboration with Huawei and integrates Huawei’s smart driving systems. Leading NEV startups Nio, XPeng, and Li Auto are also rolling out new models at this year’s show, continuing to target the booming all-electric SUV segment. Among them, Nio’s sub-brand ONVO is drawing attention with the launch of its flagship SUV L60. Foreign brands are also bringing major highlights in the EV and hybrid sectors. BMW, Mercedes-Benz, and Audi are each…
