BEIJING – China’s broadcasting, television and online audio-visual service industry generated total revenue of 668.3 billion yuan ($95.3 billion) in the first half of 2024, representing 7 percent year-on-year growth. The development of cable TV networks and 5G is progressing in tandem, with over 28 million users now on the broadcasting 5G network, said Zhu…
The 7th World Textile Merchandising Conference will take place in Keqiao, Zhejiang province, from Oct 23 to 26, it was announced by the organizers at a press conference in Beijing on Sunday. [Photo provided to chinadaily.com.cn] The 7th World Textile Merchandising Conference will take place in Keqiao, Zhejiang province, from Oct 23 to 26, it…
Liu Hanru (left), chief scientist of Farizon New Energy Commercial Vehicle Group, talks to Shi Jianhua, deputy secretary-general of China EV100, at a forum on Sept 24, 2024. [Photo provided to chinadaily.com.cn] Methanol-hydrogen electric vehicles represent a pivotal advancement in China’s quest for sustainable transportation, said experts. “This technology is not just a novel alternative;…
More than 80 representatives from businesses and universities gathered in Shanghai on Saturday to discuss the opportunities and challenges faced by Chinese companies looking to go international. [Photo provided to chinadaily.com.cn] More than 80 representatives from businesses and universities gathered in Shanghai on Saturday to discuss the opportunities and challenges faced by Chinese companies looking…
In the early stages, foreign companies sent their managers, sales experts and engineers, along with product samples, to cities like Shanghai, Beijing and Guangzhou, Guangdong province to establish representative offices and test the viability of the Chinese market — particularly during the 1980s. By the 1990s, many of these companies began building factories in locations…
Mining company Ganfeng Lithium will further expand investments in Africa and deepen cooperation in the mining sector, a top executive said during a recent interview with China Daily. Currently, the company is advancing its Mboukoumassi potassic salt ore project, a major potash project under construction in Africa. The main ore type in the mine is…
A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] The Payment & Clearing Association of China and the China Banking Association issued a joint initiative on Sunday to encourage the continuation of payment fee reduction for small and micro enterprises and self-employed households. According to the payment and clearing…
A view of the booth of Unilever during an expo in Shanghai. CHINA DAILY Unilever Plc, a British consumer goods company, has announced that it will continue to strengthen research and development efforts of more high-end and green laundry products in China to meet growing demand of such products by Chinese consumers. Sales growth of…
An Ikea store in Shanghai. [Photo/VCG] Global home furnishing giant IKEA has opened its first integrated store in Shanghai in collaboration with Livat, a mixed-use shopping center operated by Ingka Group. The new store, located in Shanghai’s Hongqiao area, marks IKEA’s fourth store in the city, reinforcing its presence with an online and offline shopping experience…
Sharon Barr, executive vice-president of biopharmaceuticals R&D at AstraZeneca, delivers a speech at AstraZeneca R&D China Science Day held in Shanghai from Friday to Saturday. [Photo provided to chinadaily.com.cn] United Kingdom-based biopharmaceutical giant AstraZeneca will add 10 to 15 new projects to the company’s research and development pipeline in China each year, reflecting its increased…