Skip to content

admin

Chinese firms seek collaborative expansion for global success

The Overseas Investment Fair 2026 opens in Shanghai on Thursday. [Photo provided to chinadaily.com.cn] Shanghai enterprises are embracing collaborative strategies for global expansion amid complex international markets, according to business leaders participating in the Overseas Investment Fair (OIF) 2026. “We’re no longer in an era of solo expeditions for Chinese companies going global,” said Chen…

Beijing, Tianjin, Hebei ink 5-year pact to supercharge sci-tech cooperation

Beijing, Tianjin and Hebei province have signed an agreement to deepen their scientific and technological cooperation, with a focus on maximizing the impact of the regional natural science fund over the next five years. The announcement came during the ongoing Zhongguancun Forum on Friday. Since its inception in 2015, the fund has allocated 147 million…

China launches reciprocal trade barrier investigations against US

A drone photo taken on Jan 3, 2026 shows a view of a container terminal at Tianjin Port in North China’s Tianjin. [Photo/Xinhua] In direct response to recent US Section 301 probes, China announced on Friday that it has launched two separate trade barrier investigations against the United States, according to the Ministry of Commerce.…

VW Anhui to gain momentum with ID. UNYX 08

Volkswagen Anhui’s ID. UNYX 08 attracts visitors at an event in Hefei, Anhui province, on March 26, 2026. [Photo by Wang Yuchen/chinadaily.com.cn] Volkswagen Anhui on Thursday started pre-sales of the ID. UNYX 08, its first full-size all-electric SUV, marking another step of the German brand’s “In China for China” strategy. Stefan Timmermann, CEO of Volkswagen…

Mobile tech company announces Pop Mart partnership

Mobile technology company Segway-Ninebot has announced a brand partnership with Pop Mart’s popular IP “Sweet Bean”, with the companies planning to launch their first co-branded electric scooter product next month. The collaboration will focus on younger consumers, aiming to transform electric scooters from purely functional mobility tools into personalized “display spaces” that reflect individual identity,…

China, US trade chiefs meet in Cameroon to stabilize economic ties

China and the United States should “enhance mutually beneficial cooperation, avoid vicious competition and maintain close communication,” Commerce Minister Wang Wentao said on Thursday. Wang made the remarks during a meeting with US Trade Representative Jamieson Greer on the sidelines of the 14th WTO Ministerial Conference in Yaoundé, Cameroon. The two sides held in-depth exchanges…

Pony.ai reports quarterly profit for first time

Autonomous driving company Pony.ai has reported its first-ever quarterly profit and announced plans to more than double its Robotaxi fleet. According to its latest financial statement, released on Thursday, the company posted net income attributable to shareholders of $23.43 million in the fourth quarter of 2025, compared with a net loss of $181 million a…

Gap to open 50 new China stores in 2026

Gap Inc plans to open about 50 new stores in the Chinese market this year, as its local operator, Baozun Inc, accelerates expansion to sustain double-digit growth in the world’s second-largest apparel market. The new outlets will be rolled out through a hybrid model combining directly operated and partner stores, in line with Baozun’s asset-light…

Analysts predict ‘medium-term’ recovery in China’s A-Shares

Despite the recent market correction, analysts expect China’s A-share valuations to recover in the medium-term and remain optimistic about Chinese equities. From a macro perspective, China’s reliance on oil and gas is low among major global economies and, at the index level, the impact of short-term oil price spikes on major A-share indices appears limited,…

China’s Changan starts production at Brazil plant

Changan Automobile has started production at its new plant in Anapolis, Brazil, marking a major step in the company’s global expansion strategy. The highly automated facility, developed in partnership with CAOA Group, will serve as a regional hub for the Latin American market. The first locally produced vehicle, the Changan UNI-T, rolled off the line…