China

Du Kai (left), CEO of Gan & Lee Pharmaceuticals, Alexandre Padilha (middle), Brazil’s Minister of Health, and Heraldo Marchezini (right), CEO of Biomm, jointly signed the cooperation commitment letter for the PDP project in Beijing on May 12, 2025. [Photo provided to chinadaily.com.cn] Chinese biopharmaceutical enterprise Gan & Lee Pharmaceuticals has signed a cooperation commitment…

China’s State-owned energy giant China Petroleum and Chemical Corp, also known as Sinopec, announced on Tuesday a major breakthrough in natural gas exploration. The company announced that a well in the Sichuan Basin in Southwest China tested at a high daily output of 314,500 cubic meters of industrial gas flow, a discovery that will boost…

The logo of Meituan. [Photo/VCG] Chinese on-demand service leader Meituan said on Monday it will invest $1 billion in Brazil over the next five years and launch its food delivery brand Keeta there in the coming months, marking its latest push in going global. Meituan’s announcement came during a China-Brazil business seminar held in Beijing…

A Hunnu Air aircraft lands at Beijing Daxing International Airport on April 30. TAO RAN/FOR CHINA DAILY Eyeing the rapidly growing aviation market in China to further drive its growth, Brazilian aircraft manufacturer Embraer SA said that “In China, for China” stands as its guiding principle and a natural outcome of its 25-year sustained commitment to…

Workers of Heytea make beverages in New York on March 8. LIAO PAN/CHINA NEWS SERVICE Chagee Holdings Ltd, a leading Chinese premium tea beverage brand, made its debut on the Nasdaq stock exchange on April 17, signaling the company’s global expansion drive and mirroring the rising presence of Chinese tea drinks overseas. Since its founding in…

A Lilo & Stitch-themed flight, operated by China Eastern Airlines in collaboration with Walt Disney Studios, will depart from Shanghai Hongqiao International Airport for Beijing Capital International Airport on May 15. Tickets for the Disney hit animated film-themed flight began sales on May 9, according to the airline. Offering an immersive experience, the flight will…

Steve Darling, founder of Little Umbrella, addresses the audience at a business event in Auckland, New Zealand, on May 8, 2025. [Photo provided to chinadaily.com.cn] Little Umbrella, the New Zealand-based children’s nutrition food provider, in collaboration with Yicai Media Group, a Shanghai-based business news outlet, and JD Health, the healthcare arm of Chinese e-commerce group…

While the global market has witnessed rising uncertainties and complexities, addressing clients’ demands amid a changing industrial landscape and making continued efforts in boosting performance have helped Terminexus become more resilient as it harnesses market opportunities, according to a senior company executive. Founded in 2018, Terminexus, a subsidiary of Shanghai Zhenhua Heavy Industries Co Ltd…

The Roche booth at the 7th China International Import Expo in Shanghai, on Nov 4, 2024. [Photo/VCG] SHANGHAI – Swiss pharmaceutical giant Roche has announced plans to invest 2.04 billion yuan ($283 million) in building a new biopharmaceutical manufacturing facility in Shanghai’s Pudong New Area, strengthening its localization strategy in the Chinese market. The new…

Corning’s logo is seen during an expo in Beijing on Nov 28, 2024. [Photo/VCG] United States-based materials science company Corning Incorporated plans to invest another $500 million in China this year, reinforcing its long-standing commitment to what it calls its most important overseas market, despite ongoing geopolitical and economic headwinds. “This year marks the milestone…