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Nio expects to turn profitable in Q4

Employees work at a Nio auto assembly line in Hefei, Anhui province. CHU WEIWEI/CHINA NEWS SERVICE Chinese electric vehicle maker Nio said it is confident to “turn profitable” in the fourth quarter of this year, as the company sees delivery volumes stabilizing, margins improving and a global expansion strategy taking shape under a new partnership-led…

Senior-friendly toys fuel growth of China’s silver economy

Senior citizens play wooden brain-training toys at an elderly care service center in Yunhe county of Lishui city, East China’s Zhejiang province, Nov 10, 2023. [Photo/Xinhua] HANGZHOU – Inside a senior care home, lively elders gathered around a tabletop hockey game, sharpening their minds and savoring the moment. These brain-teasing games, once seen as children’s…

China’s largest Gundam base flagship store opens in Guangzhou

The Guangzhou flagship store is the ninth Gundam Base established by Japan’s anime giant Bandai Namco on the Chinese mainland. [Photo provided to chinadaily.com.cn] The largest Gundam Base flagship store on the Chinese mainland officially opened in Guangzhou, the capital of Guangdong province, on Friday, introducing diversified products and services to deepen the connection with…

FDI showing no signs of slowing results

People visit the 3rd Tianjin International Shipping Industry Expo in Tianjin, North China, June 12, 2025. [Photo/Xinhua] Fueled by diverse application scenarios and strong innovation momentum, China has emerged as a prime destination for foreign investment, underpinned by broad strategic advantages amid profound shifts in the global economic landscape, said heads of foreign corporations. Highlighting…

Vibrant China: Trade events signal robust growth

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US lifts chip design export curbs on China

Three key chip companies said on Thursday that the US had lifted export restrictions on chip design software for China and that they have resumed or are in the process of resuming sales and support to Chinese customers. Germany-based Siemens said in a statement to China Daily that it was recently notified by the Bureau…

BRI-backed project drives green tourism in Indonesia

Indonesia Morowali Industrial Park — a landmark project of cooperation between China and Indonesia under the Belt and Road Initiative framework — launches its first green tourism drive with local villages on June 30 for a sustainable future. [Photo provided to chinadaily.com.cn] Amid the accelerating global push for green transformation, the Indonesia Morowali Industrial Park…

Zelos eyeing overseas expansion

Cargo is loaded onto a Zelos autonomous logistics vehicle at a warehouse in Singapore. XINHUA Zelos Group Inc, a Suzhou, Jiangsu province-based developer of Level 4 autonomous logistics vehicles, will ramp up efforts to expand its overseas footprint in countries and regions including Singapore and the Middle East, while consolidating its presence in China’s fast-growing…