Consumers place orders at a Starbucks store in Beijing. CHINA DAILY Starbucks China delivered solid results for the first quarter of fiscal year 2026, reporting 7 percent growth in comparable store sales and an 11 percent year-on-year increase in total revenue, which reached $823.4 million. The coffee giant’s robust performance in the Chinese market was…
The main building of ICBC London branch. [Photo provided to China Daily] From a representative office established in 1995 to a comprehensive financial platform supporting trade, investment, and major infrastructure projects, the journey of Industrial and Commercial Bank of China (ICBC) in the United Kingdom has evolved in step with China’s reform and opening-up, and…
A bank staff member counts RMB and US dollar notes in Nantong, Jiangsu province. [Photo/Sipa] China is poised to expand nationwide a pilot policy that helps multinational companies to centrally manage cross-border funds, both in renminbi and foreign currencies, officials and analysts said, marking a notable step forward in the country’s financial opening-up. The policy,…
A bank staff member counts RMB and US dollar notes in Nantong, Jiangsu province. [Photo/Sipa] China is poised to expand nationwide a pilot policy that helps multinational companies to centrally manage cross-border funds, both in renminbi and foreign currencies, officials and analysts said, marking a notable step forward in the country’s financial opening-up. The policy,…
A bank staff member counts RMB and US dollar notes in Nantong, Jiangsu province. [Photo/Sipa] China is poised to expand nationwide a pilot policy that helps multinational companies to centrally manage cross-border funds, both in renminbi and foreign currencies, officials and analysts said, marking a notable step forward in the country’s financial opening-up. The policy,…
A bank staff member counts RMB and US dollar notes in Nantong, Jiangsu province. [Photo/Sipa] China is poised to expand nationwide a pilot policy that helps multinational companies to centrally manage cross-border funds, both in renminbi and foreign currencies, officials and analysts said, marking a notable step forward in the country’s financial opening-up. The policy,…
The Bay by Chef Fei is awarded a one-diamond rating in the 2026 Black Pearl Restaurant Guide. [Photo provided to chinadaily.com.cn] The 2026 Black Pearl Restaurant… Read More »Latest Black Pearl Restaurant Guide showcases China’s food scene
Two humanoid robots perform a session of fighting at civilian robotics company Unitree’s booth during the China International Import Expo (CIIE) in East China’s Shanghai, Nov 6, 2025. [Photo/Xinhua] Unitree Robotics has been appointed a robot partner for China’s 2026 CCTV Spring Festival Gala, marking its third appearance on the show. The robots’ playful dance…
China Southern Power Grid (CSG) is accelerating a massive expansion of its hydropower portfolio, with plans to build eight new pumped-storage stations that are expected to trigger approximately 130 billion yuan ($18.1 billion) in total industrial investment. The State-owned utility’s initiative comes as China enters its 15th Five-Year Plan period, aligning with national goals to…
Researchers work on cosmetics formula at Kans’ research and development center in Shanghai in 2025. [Photo provided to chinadaily.com.cn] How many bottles of lotion can a smart factory produce per day? For domestic beauty brand Kans, the answer is 3.5 million. With an investment of 1.2 billion yuan ($172.8 million), the brand’s smart factory is…