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ICBC bolsters profit quality in 2025 as assets exceed 50t yuan mark

The Industrial and Commercial Bank of China (ICBC), the nation’s largest State-owned commercial lender, reinforced the quality of its earnings in 2025, delivering steady growth while strengthening the resilience and sustainability of its profit base. ICBC reported an operating income of 801.4 billion yuan ($116 billion), up 1.9 percent year-on-year, with net profit rising 1…

Dairy innovation tackles lactose intolerance in senior citizens

The Yili Nutrition and Health Research Center and the White Paper on the Health and Nutritional Status of Chinese Adults 2.0 is launched in Boao, Hainan province, on March 26. [Photo provided to chinadaily.com.cn] China is experiencing a profound demographic shift as its population rapidly ages, prompting food giants and health experts to turn to…

World’s 1st intl body for data governance opens in Beijing

The World Data Organization was formally established in Beijing on Monday and commenced operations following the election of its first governing board, supervisors and senior leadership, the group’s preparatory committee said. The move marked the launch of what organizers describe as the world’s first international professional body dedicated specifically to advancing data development and governance.…

PepsiCo lauds nation’s business climate

Beverage giant PepsiCo said it is betting on China’s evolving consumer landscape and rapid adoption of advanced technologies to drive its next phase of growth, as the country promotes domestic consumption as a strategic priority. Chairman and CEO Ramon Laguarta said the US-based company’s long-term strategy aligns closely with the country’s 15th Five-Year Plan (2026-30),…

Robotics offer growth path for automakers

GAC showcases its third-generation humanoid robot, GoMate, at the 33rd Guangzhou Fair in August 2025. CHINA DAILY Major Chinese and foreign automakers are expanding their presence in the humanoid robot sector, positioning it as a key driver of future growth. Experts note that automakers’ factories initially provide critical application scenarios, with many automakers advancing product…