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Organon sees opportunities in China’s push for high-quality population development

Organon, a global healthcare company, said China’s efforts to improve population development and advance a more health-centered medical system are creating fresh opportunities for global healthcare companies on the sidelines of the China Development Forum 2026 in Beijing. The company said it sees strong potential in areas such as women’s health, fertility support and chronic…

China’s central SOEs urged to step up investment in Xiong’an New Area

BEIJING – China’s state-owned enterprises (SOEs) directly administered by the central government are urged to intensify relocation to and investment in the Xiong’an New Area in North China’s Hebei province, as part of broader efforts to support the area’s high-quality development. A meeting held on Tuesday by the State-owned Assets Supervision and Administration Commission of…

Ningxia wines set to boost outreach

A farmer harvests wine grapes at Minning town, Yongning county in Yinchuan, Northwest China’s Ningxia Hui autonomous region, Oct 14, 2025. [Photo/Xinhua] At the ongoing 114th China Food and Drinks Fair in Chengdu, Sichuan province, a matchmaking salon was held on Tuesday to promote wine from the Ningxia Hui autonomous region to markets in Southeast…

US pharma company expands partnerships in China

As China accelerates the development of new quality productive forces and advances high-level opening-up, the country continues to create a favorable environment for innovation and international cooperation. In an exclusive interview with China Daily on the sidelines of the China Development Forum 2026, Jérôme Bouyer, senior vice-president of US pharmaceutical company AbbVie and president of…

Greater global role for RMB seen as key

Amid mounting strains on the US dollar-dominated global monetary system, renminbi internationalization is emerging as an increasingly important trend — one expected to underpin China’s high-quality development while contributing to global financial stability and development, experts and business executives said on Monday. Zhu Min, former deputy managing director of the International Monetary Fund, said promoting…

China’s industrial profits accelerate at start of 2026

China’s industrial profits grew at a faster pace in the opening months of the year, official data showed on Friday, as enterprises navigate a more favorable environment created by new government macroeconomic policies. China’s industrial enterprises with an annual revenue of at least 20 million yuan ($2.89 million) saw their total profits jumped 15.2 percent…

More Chinese automakers hit top global sales ranks

Chinese automakers have overtaken Japanese peers in global sales for the first time in decades. The companies sold about 27 million new vehicles worldwide last year, up around 10 percent year-on-year, according to a recent news report by Nikkei, citing data from Japanese market research firm MarkLines. In comparison, Japanese automakers saw a slight decline,…

Hudong-Zhonghua sees high-end shipbuilding as growth anchor

An image captures a vessel being built at a shipyard of Hudong-Zhonghua Shipbuilding (Group) Co Ltd in Shanghai. SHEN CHUNCHEN/FOR CHINA DAILY Hudong-Zhonghua Shipbuilding (Group) Co Ltd, boasting the largest amount of liquefied natural gas carrier orders in terms of capacity among global shipyards, seeks to further consolidate its strength through doubling capacity and stable…