An employee explains the functions of a CATL battery during an auto expo in Beijing in October. [CHEN XIAOGEN/FOR CHINA DAILY] Contemporary Amperex Technology Co Ltd, the world’s largest electric vehicle battery maker, has filed for a Hong Kong listing that is expected to be the city’s biggest initial public offering in four years. The…
An employee works at a water shield processing plant in Chongqing. TANG YI/XINHUA Soon, the shelves of around 100 upscale lifestyle supermarkets in Japan will be graced by a new addition — ready-to-eat canned water shield sourced from Southwest China’s Chongqing. Water shield, or chuncai in Chinese, is an aquatic, perennial herb with floating leaves that…
Combating labor shortages and an aging workforce — or simply supporting mountain climbers and improving elderly mobility — China’s exoskeleton makers are pushing into the global market with advanced technology and cost-effective solutions. ULS Robotics, a Shanghai-based developer founded in 2018, said that last year they saw an improvement in product maturity and growing market…
A technician checks solar panels at a production line of a tech company in Jinhua, Zhejiang province. SHI KUANBING/FOR CHINA DAILY China led the world in energy transition investment last year, accounting for two-thirds of the $2.1 trillion spent globally in 2024, according to BloombergNEF (BNEF), a research and advisory firm. Driven by strong domestic demand,…
Air Astana, the national flag carrier of Kazakhstan, is scheduled to launch a route between Guangzhou, Guangdong province, and Almaty on March 31. Guangzhou will become the fourth direct flight destination opened by Air Astana in China after Beijing, Urumqi in the Xinjiang Uygur autonomous region and Sanya in Hainan province. The new route will…
Employees sort fresh roses at Baiyi Yinong International Flower Port in Linxia, Gansu province, in November.[JIGME TENZIN/CHINA NEWS SERVICE] Positioning the fresh-cut flower sector as a key driver of modern and smart agriculture, Linxia Hui autonomous prefecture in Gansu province is doubling down on the production and sales of its rose industry with cutting-edge planting…
A view of Lay’s gift boxes at a Sam’s Club outlet in Shanghai in January 2024.[YI BAI/FOR CHINA DAILY] Consumers in China continue to show a strong appetite for snacks, with global and domestic brands expanding their footprint and innovating to meet evolving needs. Global food and beverage giant PepsiCo Inc has gained market share…
BEIJING — China aims to enhance the resilience and security of its copper industrial and supply chains over the next few years, according to an implementation plan published on Tuesday. China will strive to increase its copper ore reserves by 5 percent to 10 percent by 2027, and further improve the level of recycled copper…
A view of a KCOFFEE cafe in Beijing in September. [CHINA DAILY] Fast-food giants Yum China and McDonald’s China expanded rapidly in 2024, opening record numbers of new stores and deepening their market presence. With a focus on operational efficiency, product innovation — especially in coffee — and increased reach in lower-tier cities, both companies…
View of 2025 SCIA Spring Reception. [Photo provided to chinadaily.com.cn] As the global influence of the Guangdong-Hong Kong-Macao Greater Bay Area in arbitration continues to grow, the Shenzhen Court of International Arbitration, or SCIA, is supporting Chinese business enterprises in their global ventures. It’s also contributing to international trade and economic exchanges, according to industry…