Customers wait outside a restaurant at a shopping mall in Shenzhen, China, on 19 January 2024. (Qilai Shen/Bloomberg)

Hong Kongers flock to Shenzhen for value-for-money CNY reunion dinners

As the Chinese New Year approaches, many Hong Kongers have the tradition of travelling to Shenzhen to enjoy reunion dinners at lower cost with better service compared with back home. Lianhe Zaobao journalist Daryl Lim speaks with diners and restaurant managers to find out more about this trend during the festive season.
People shopping at the new Costco store in Shenzhen, China.

Rise of warehouse stores in China as consumers opt for low-cost bulk buying

Warehouse stores were the preferred shopping format for Chinese consumers during the pandemic due to the vast space ideal for social distancing and the low cost for bulk items needed to reduce the number of trips outside. However, even with the end of the pandemic, this consumer trend remains. Lianhe Zaobao journalist Daryl Lim looks into the matter.
Apartment blocks are pictured in Beijing, China, on 16 December 2017. (Jason Lee/Reuters)

Real estate sector in China’s first-tier cities still in a slump

The real estate sector in China’s first-tier cities such as Beijing and Shanghai has recorded declining performance since the pandemic, with a full rebound still nowhere to be seen. Given the usual lag in the effectiveness of policies after implementation, will the real estate market see a silver lining ahead? Lianhe Zaobao correspondent Chen Jing tells us more.
Singapore's Deputy Prime Minister and Minister for Finance Lawrence Wong pictured in Singapore on 7 October 2022. (SPH Media)

DPM Lawrence Wong: Singapore-China cooperation in a turbulent world

Ahead of the 19th Joint Council for Bilateral Cooperation (JCBC) held in Tianjin, Singapore’s Deputy Prime Minister and Minister for Finance Lawrence Wong shares his thoughts on Singapore-China relations, highlighting the need to renew and expand economic links, reimagine industries and reinforce close ties between the two countries.
Nong Geng Ji has opened for business in Hong Kong. (CNS)

Can popular restaurants from mainland China make their mark in Hong Kong?

Since travel and consumer spending resumed after the pandemic, a slew of mainland Chinese restaurants have chosen to venture into Hong Kong, hoping to gain similar success as they did before. However, the mainland Chinese brands are competing with the world’s fare in this food paradise. Lianhe Zaobao journalist Tai Hing Shing finds out more about this fiercely competitive market.
This photo taken on 20 June 2023 shows a view of a complex of unfinished apartment buildings in Xinzheng city in Zhengzhou, Henan province, China. (Pedro Pardo/AFP)

Can new policies revive China's home sales?

In a bid to boost home purchases in what has normally been the peak sales period of September and October, Guangzhou and Shenzhen have announced preferential policies for homebuyers. However, Lianhe Zaobao correspondent Chen Jing notes that market confidence is still at a low; are the new policies enough to boost the Chinese property market’s recovery?
Hong Kongers in Shenzhen are generally seen in groups, wearing sneakers and carry backpacks. (Photo: Daryl Lim)

Shenzhen has become a shopping paradise for Hong Kongers

Hong Kongers have recently found a nearby spending destination in mainland China: Shenzhen. Since the summer vacation, a steady wave of tourists from Hong Kong has crossed the border to visit the various shopping spots in the mainland Chinese city. Lianhe Zaobao journalist Daryl Lim shares his findings from interviews in Shenzhen.
People attend a job fair in a mall in Beijing, China, on 30 June 2023. (Thomas Peter/Reuters)

Stemming population decline in Chinese first-tier cities

​Population figures are going down in China's major cities, not only in Beijing and Shanghai, but also in Shenzhen and Guangzhou. This trend is not only due to higher costs of living, but deeper concerns that prevent economies from finding a certain equilibrium after headwinds. Economist Li Jingkui explains.
Tenants living in Baimang started getting eviction notices in mid-May.

Why Shenzhen's plan to transform 'urban villages' is causing distress

Urban villages are a historical product of Shenzhen’s urbanisation process. Today, local governments may have good intentions in implementing “centralised leasing” (统租) and upgrading work, but existing tenants may feel they are being shortchanged. Daryl Lim looks into the matter.