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Werfen sees healthy prospects in China

Spanish diagnostics company Werfen is deepening its commitment to the Chinese market, expanding local manufacturing for advanced medical products in the world’s second-largest healthcare market. The Barcelona-based firm made its debut at the just-concluded Western China International Fair for Investment and Trade in Chongqing. James Gallivan, vice-president of Werfen with full responsibility for China, said…

Consumer mkt posts steady growth

China’s consumer market maintained stable performance in the first four months of 2026, as a raft of pro-consumption policies continued to take effect, according to the Ministry of Commerce. In April, demand for green and smart products remained robust. Data from the ministry showed that sales of smart glasses on major monitored platforms surged 5.9-fold…

Manufacturers have strong four months

An employee works on the production line of an automaker in Jinhua, Zhejiang province. HU XIAOFEI/FOR CHINA DAILY China’s industrial sector maintained robust momentum in the first four months, with profits at major industrial firms growing at a faster pace, underscoring the resilience of the world’s second-largest economy amid mounting external uncertainties, officials and experts…

Nation’s brands eye spotlight at World Cup

A customer wearing an Argentina national team jersey shops on Monday for World Cup merchandise at a store at Yiwu International Trade City in Zhejiang province. WEI ZHIYANG/FOR CHINA DAILY The 2026 FIFA World Cup, which is scheduled to take place from June 12 to July 20, is emerging as a major global marketing stage…

Chinese assets gaining appeal around world

As geopolitical tensions, diverging economic policies and rapid advances in artificial intelligence reshape global markets, senior economists said that Chinese assets are emerging as a key anchor, with the country’s cost-effective AI ecosystem well positioned to support a new round of manufacturing upgrading. With China pushing ahead with financial opening-up, economists said the case for…

Survey finds European business confidence in China on the up

Confidence among European businesses operating in China is showing “signs of an uptick”, according to a report released on Wednesday by the European Union Chamber of Commerce in China and consultancy firm Roland Berger. China remains “the heavyweight champion of efficient and cost-effective supply chains”, with 75 percent of respondents saying their China-based production is…

Dalian launches first direct container route to Middle East

A new direct container route from Dalian, Liaoning province, to the Middle East opened on Tuesday, becoming the first direct container route between the two regions. [Photo provided to chinadaily.com.cn] A new direct container route from Dalian, Liaoning province, to the Middle East opened on Tuesday, becoming the first direct container route between the two…

China fines Luxshare for antitrust filing violation in Wingtech deal

China’s market regulator has fined Luxshare Precision Industry Co Ltd 900,000 yuan ($125,000) for failing to properly declare its acquisition of part of Wingtech Technology Co Ltd’s business before completing the transaction, in a case Beijing said highlighted a softer “education combined with punishment” approach to antitrust enforcement. The State Administration for Market Regulation (SAMR)…

China’s major industrial firms’ profits jump 18.2%

An employee works on the production line of an automaker in Jinhua, Zhejiang province. HU XIAOFEI/FOR CHINA DAILY Profits at China’s major industrial firms maintained robust momentum in the first four months of the year despite mounting external uncertainties, with equipment manufacturing and high-tech sectors posting strong gains, official data showed on Wednesday. In the…