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Novartis announces further China investment

Swiss pharmaceutical company Novartis is to expand its research and development, manufacturing capacity and operations footprint in China, with planned investment of more than 3.3 billion yuan ($460 million), a gathering in Beijing has heard. The announcement came as the China Development Forum annual meeting opened in Beijing on Sunday, with Vas Narasimhan, the chief…

Economy remains sturdy anchor in choppy waters

Visitors get to know a domestic brand new energy vehicle at a mall in Neijiang, Sichuan province, on Feb 21. TANG MINGRUN/FOR CHINA DAILY BEIJING — At a time of heightened global uncertainty, China has signaled its commitment to remaining a key stabilizing force for the world economy. At this year’s two sessions, China set…

PPPs for GDP per capita in 2025: preliminary estimates

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Chinese automaker expands presence in Zambia

LUSAKA — Chinese automaker Camco Motors on Friday unveiled a range of new vehicle brands in Zambia at its newly opened showroom in the capital, Lusaka. Speaking at the event, Zambian Minister of Transport Frank Tayali said the company’s entry reflects continued Chinese investment and deeper economic and trade cooperation between the two countries. Tayali…

Apple CEO wowed by Chinese director capturing martial arts

Derrick Zhang (Xin), a Young Chinese director, and Tim Cook, CEO of Apple, talk in a studio in Beijing last week. [Photo/chinadaily.com.cn] Explosive speed, fluid motion, and precise choreography—these are the hallmarks of Chinese martial arts. Yet, it is never easy to capture such movements and bring them to a global audience. This time, a…

Shanghai’s Hongqiao to further boost its strength

The core area of Shanghai’s Hongqiao International Central Business District, which is at the heart of the Hongqiao International Opening-up Hub. [Photo provided to chinadaily.com.cn] Shanghai Hongqiao International Central Business District, a portal for China’s deepened two-way opening-up, will further improve its strength in commerce, exhibition, transportation and technology innovation to prepare for high-quality development…

Andaz Shanghai ITC celebrates grand opening in Xuhui district

Andaz Shanghai ITC, a luxury lifestyle hotel, opened on Friday in the Xuhui district as part of the ITC complex. [Photo provided to chinadaily.com.cn] Andaz Shanghai ITC, a luxury lifestyle hotel, opened in the Xuhui district as part of the ITC complex by Sun Hung Kai Properties. Spanning over 700,000 square meters, Andaz Shanghai ITC follows…

Nation aims to tackle deep structural issues head-on

CAI MENG/CHINA DAILY During the recently concluded two sessions, the country released its Government Work Report. Within the report, the Chinese government signaled a willingness to tackle deep structural issues head-on, chart a new growth model and boost foundations for long-term development. The report comes as China’s economy is entering a pivotal stage in its…

China’s EV charging infrastructure exceeds 21m units

A drone photo taken on Jan 22, 2026 shows a driver charging an electric vehicle in Taizhou, East China’s Jiangsu province. [Photo/Xinhua] BEIJING — China’s electric vehicle (EV) charging infrastructure continued to expand rapidly, with the total number of charging points reaching 21.01 million by the end of February 2026, up 47.8 percent year-on-year, the…