Data shows China had 193,000 convenience stores in 2020. The sales volume of branded chain convenience stores in China reached 296.1 billion yuan ($46.08 billion), up about 6 percent year-on-year. The China Chain Store Association and KPMG released a report on the development of China’s convenience stores on May 13 based on 89 convenience store…
The market value of the 87 listed home appliances companies in China reached 2.05 trillion yuan ($322.76 billion) as of Dec 31, 2021, with three exceeding 100 billion yuan and one topping 500 billion yuan. Midea Group, Haier Smart Home and Gree Electric Appliances grabbed the top 3 places in market value. The top 10…
China Internet Week announced the 2023 smart computing server providers list in December. Computing servers have brought changes to science, industries and business sectors amid the rapid advancements in artificial intelligence and big data. IEIT System, an AI server company of Inspur Group, ranked first, while H3C and Huawei secured the second and third spots…
A view of Tencent’s new headquarters under construction, which sits in Baoan district, Shenzhen, Guangdong province, May 13, 2025. [Photo/VCG] Chinese tech company Tencent is ramping up efforts to recruit young talent through its largest-ever campus hiring project, aiming to offer 28,000 internship positions over the next three years in a bid to support high-quality…
Visitors check out an autonomous driving vehicle at Didi’s booth during a high-tech expo in Beijing in October. ZHANG HAIYAN/FOR CHINA DAILY China’s largest ride-hailing platform Didi is stepping up efforts to enhance driver recruitment and spur consumption with a 2 billion yuan ($278 million) special fund, to reinforce its role as a critical “employment reservoir”…
Visitors gather at the Bluetooth Asia 2025 conference in Shenzhen, Guangdong province, in May. CHINA DAILY Bullish about China’s innovation potential and vast market, Bluetooth Special Interest Group (Bluetooth SIG) reaffirmed its commitment to the Chinese market as the organization ramps up local presence and investment. “Bluetooth SIG is making the biggest investment over the next…
From left to right: Tetsuro Homma, executive vice-president of Panasonic; Ian Shih, president of Rockwell Automation China; Samantha Zhu, chairperson of Accenture Greater China; Hideki Ozawa, president& CEO of Canon China. [Photos provided to China Daily] Editor’s Note: As China steps up efforts to boost domestic demand and drive consumption-led growth, multinational corporations are uniquely positioned to seize the…
Visitors gather at Alibaba’s booth during a high-tech expo in Fuzhou, Fujian province, on April 29. LYU MING/CHINA NEWS SERVICE Chinese tech heavyweight Alibaba Group Holding Ltd is intensifying efforts to nurture and attract talent engaged in the artificial intelligence sector and stabilize employment, as the company is betting big on the fast-evolving sector to…
Editor’s Note: As China steps up efforts to boost domestic demand and drive consumption-led growth, multinational corporations are uniquely positioned to seize the opportunities presented by this transformative period. China Daily examines how these companies are aligning with China’s new round of high-standard opening-up policies, embracing emerging tech innovation trends, and expanding their presence in…
[Photo provided to chinadaily.com.cn] Coffee brand Nescafé recently teamed up with the Liede Dragon Boat team to host a dragon boat-themed carnival in Guangzhou, Guangdong province, part of the brand’s ongoing localization efforts to bond consumers with Chinese intangible culture heritage. By integrating the essence of traditional Chinese culture with contemporary consumption patterns, Nescafé is…