At this year's China International Consumer Products Expo in Haikou, Hainan Province, where overseas exhibits accounted for a record 65 percent, companies from Switzerland, New Zealand, Canada and other markets used the event as a platform for global launches. For multinational firms, debuting products in China is increasingly a strategic decision tied to long-term positioning, reflecting the scale and evolution of the country's consumer market. People's Daily reporter Zhan Huilan spoke with global exhibitors to examine the factors driving this shift and China's expanding role in global product rollouts. (Produced by Zhan Huilan, Qiao Wai and interns Zhou Yishuang and Zhou Jiayu; Cover image by Chu Chu)

US entertainment and media giant Disney on Tuesday began cutting as many as 1,000 positions in one of the first significant moves under its new CEO, Josh D'Amaro.

The 139th edition of the China Import and Export Fair, also known as the Canton Fair, opened on Wednesday in the southern Chinese city of Guangzhou, drawing a record number of over 32,000 participating enterprises.

China's Ministry of Finance on Wednesday said that it will issue this year's second batch of renminbi-denominated treasury bonds in the Hong Kong Special Administrative Region on April 22.