Shenzhen University, with eight billionaire alumni, including Tencent founder and CEO Pony Ma Huateng, listed in Forbes’ list of the World’s Billionaires in 2018 and whose wealth totals 593.5 billion yuan, tops Chinese universities in billionaire alumni generating most wealth. According to a list released by cuaa.net, a third-party university evaluation and consulting research institution,…
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Wuxi in Jiangsu province unveiled a set of policies on Tuesday aimed at boosting the development of its entire film industry chain. [Photo provided to chinadaily.com.cn] Wuxi in Jiangsu province unveiled a set of policies on Tuesday aimed at boosting the development of its film industry. The policies span 11 categories with 20 specific measures.…
The new action plan to further improve the facilitation of cross-border financial services provided in Shanghai will help facilitate Chinese companies’ overseas outreach, which is in turn conducive to the maturity of the cross-border financial sector, said experts. Made up of 18 detailed policies, the action plan aims to improve services concerning cross-border settlements, exchange…
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Chinese Manufacturing Enterprises Association released the top 200 Chinese manufacturers with comprehensive strength for the year 2023. Among them, SAIC Group has emerged as the leader along with Amer International Group and China FAW Group securing the second and third positions. The rankings also included other major names in China’s manufacturing sector, such as Huawei,…
K Coffee celebrated the opening of its 1,000th store in Beijing on Tuesday, in collaboration with China Daily, marking a major milestone achieved in less than two years of rapid expansion amid the promising growth of China’s coffee economy. The brand’s success has been driven by a strong focus on coffee localization, sustainable supply chain…
Forvia’s booth attracts visitors at Auto Shanghai, which is held from April 23 to May 2, 2025. [Photo by Li Fusheng/chinadaily.com.cn] Forvia Group, one of the world’s largest automotive technology suppliers, is sharpening its focus on local innovation in China, aiming to develop “China solutions” that can be exported worldwide. “Some of the features that…
The Chinese and Australian national flags in Sydney, Australia. [Photo/Xinhua] After the Boao Forum for Asia Annual Conference 2025 finished recently, its theme of rebuilding confidence in China for foreign businesses resonated deeply. For Australian firms, China remains not just a market of scale, but an important partner in a rapidly evolving global economy. As…
A salesperson introduces products and government subsidies policies to a consumer at a Suning chain store, a leading home-appliance retailer, in Wenzhou city, East China’s Zhejiang province, Nov 11, 2024. [Photo/Xinhua] BEIJING – China’s extensive consumer goods trade-in program has made phased progress this year, delivering tangible benefits to consumers and driving sales growth, the…