Skip to content

China

ASML steps up support for science education in China

Shen Bo, executive vice-president of ASML and president of ASML China, attended the donation ceremony with the Shanghai Science Education Development Foundation in Shanghai. [Photo provided to chinadaily.com.cn] ASML is stepping up its support for science popularization education in China, with one example being supporting the 23rd Shanghai Future Engineer Competition. “Continuous support for this…

Wuhan air conditioner shipments to Europe soar 88% in June

Shipments of air conditioners and related components from Wuhan, Hubei province to European markets have soared this summer, as the region grapples with a prolonged heatwave. [Photo by Xu Chen/For chinadaily.com.cn] Shipments of air conditioners and related components from Wuhan, Hubei province to European markets have soared this summer, as the region grapples with a…

MNCs tap China’s industrial ecosystem

Visitors get to know information at Siemens’s exhibition area during the fourth China International Supply Chain Expo in Beijing on June 23. ZHANG CHENLIN/XINHUA For senior executives from multinational companies including Germany’s Covestro AG and the United States’ Boeing Co and Carrier Global Corp, June brought a steady stream of visits to China, where they…

Heytea opens its first overseas teabar in NYC

With competition in the overseas new style tea market becoming increasingly fierce, Chinese brands are making every effort to win the hearts of consumers. In June, Heytea, a leading Chinese new style tea brand, opened its first overseas teabar in New York, following openings in the domestic market in Beijing, Guangzhou, and Shenzhen and Foshan…

Amap rolls out global Chinese-language ride-hailing services with overseas tourism authorities

Alibaba-backed mapping platform Amap is taking its homegrown ride-hailing experience global, launching a Chinese-language travel initiative across more than 1,000 overseas cities. [Photo provided to chinadaily.com.cn] Alibaba-backed mapping platform Amap is taking its homegrown ride-hailing experience global, launching a Chinese-language travel initiative across more than 1,000 overseas cities. The company — together with tourism authorities…

L’Oreal applies AI in key plant upgrade

French cosmetics group L’Oreal announced recently two major industrial upgrades: the inauguration of the UPX Phase II smart manufacturing workshop and the launch of an industrial water management project during the 30th anniversary celebration on June 11 of L’Oreal’s Suzhou Plant, the group’s largest manufacturing base by production capacity. The industrial water management project is…

SK Hynix raises $26.5b in record US listing amid AI chip boom

South Korean memory chipmaker SK Hynix began trading on the Nasdaq after launching its new US listing on Friday, cashing in on the surging demand driven by the global buildout of artificial intelligence. The company priced its American depositary receipts at $149 apiece on Thursday, only to see them open at $170 on the Nasdaq…

IPO to ignite domestic memory sector

China’s leading DRAM chipmaker ChangXin Memory Technologies has opened the final countdown to one of the world’s most closely-watched IPOs, setting July 16 as the subscription date for a 29.5 billion yuan ($4.35 billion) share sale. The market debut will be the biggest A-share IPO of 2026 and the second-largest listing since the STAR Market…

Shein clears key regulatory step for planned Hong Kong listing

Chinese online fashion retailer Shein has completed a key regulatory filing process with China’s securities regulator for its planned listing in Hong Kong, marking a key regulatory step in its long-awaited initial public offering. According to a filing notice released on Friday by the China Securities Regulatory Commission, the company has received a filing notice…

A BCI that may bring glimmer of light to the visually impaired

Do you know that China has nearly 9 million people living with complete blindness — and over 43 million worldwide? For them, this technology could be the ultimate breakthrough. At Shanghai Brain Intelligence World — Mindtrix is pioneering something truly transformative: bypassing damaged eyes and transmitting visual information directly to the brain’s visual cortex. Tanks…