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Small Business Growth

BizFocus Ep.113: Innovation powers growth of China’s sock capital [Video]

Editor’s Note: CGTN launches a new series called BizFocus, where anchors and reporters explore the most vibrant business sectors and events in China. Through in-depth interviews with industry experts and on-the-ground coverage, we bring you the latest developments and trends in various business sectors.

Zhuji County, located in Zhejiang Province, is the birthplace of China’s sock industry. The county produces 25 billion pairs of socks annually, accounting for 70% of the market. Most residents here are engaged in sock manufacturing, including long-time residents and new entrepreneurs who have established factories in the area. In this episode of BizFocus, our reporter Olivia He takes you on a tour of Zhuji to explore how these socks are making their way to the global market.

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Small Business Growth

Paytm log 10% revenue jump at Rs 1,828 crore in Q3, PAT improved by Rs 208 crore [Video]

Leading payments and financial services company, Paytm, on Monday reported impressive robust growth across key financial metrics. The company's operating revenue surged by 10 per cent quarter-on-quarter (QoQ) to Rs 1,828 crore in Q3 FY2025, driven by its payments business and expanding financial services distribution portfolio.