Chinese auto company Geely officially entered the UK market with the launch of its first model, the Geely EX5, in October 2025. [Photo provided to China Daily] Once, the most coveted cars on China’s roads came from Germany, Japan, and the United States. Today, as China’s new energy vehicle, or NEV, technologies go global, that…
The lineup of Ninebot’s new electric two-wheeler models released this year. [Photo provided to chinadaily.com.cn] Boosted by intelligent and targeted experience-driven growth, Chinese electric two-wheeled vehicle maker Ninebot’s cumulative shipments of smart electric two-wheelers in the Chinese market have exceeded 11 million units, its founder and chairman Gao Lufeng said at a product launch event…
Coca-Cola China Brands launch Year of the Horse fireworks can packaging. [Photo provided to chinadaily.com.cn] The Coca-Cola Company reported first-quarter results that exceeded market expectations, with revenue and profit rising on steady global demand and stronger momentum in emerging markets including China. Net revenue climbed 12 percent to $12.47 billion, beating analysts’ estimates of $12.23…
Chinese modern craft tea brand BASAO is aiming to enter premium dining and global lifestyle scenarios by offering a younger, more convenient approach to tea drinking. The brand showcased its modern approach to tea drinking during a recent food culture exchange program in Beijing, serving as the sole tea beverage partner of the event. BASAO…
China’s four largest State-owned commercial banks sustained a stable and improving growth momentum in the first quarter, achieving a robust start to the 15th Five-Year Plan (2026-30), according to earnings reports released on Wednesday. Industrial and Commercial Bank of China reported operating income of 230.37 billion yuan ($33.68 billion), up 8.27 percent year-on-year; net profit…
China Southern Airlines has agreed to buy 137 Airbus A320neo family aircraft in a deal worth about $21.4 billion at list prices, as the country’s largest carrier by fleet size accelerates fleet expansion and renewal to capture rising travel demand. China Southern said in a statement on April 29 that it and its majority-owned subsidiary,…
Customers shop at a Maidelong store in Huaian, Jiangsu province, in January 2025. ZHAO QIRUI/FOR CHINA DAILY Maidelong, or Metro China, the high-end retail format of Wumart Group, has reshuffled its top management, installing retail veteran Andrew Miles as executive chairman and appointing Xu Shaochuan as CEO, in a move that indicates intensifying competition in…
The White Paper on Detergent Carbon Footprint is launched in Guangzhou, Guangdong province, on April 23. CHINA DAILY Unilever, a multinational consumer goods company, will innovate and collaborate across its home care business to support the laundry sector’s climate transition, according to senior managers of the company. “We will continue to deepen innovation and collaboration…
[Photo provided to chinadaily.com.cn] The Southeast Asian food scene has witnessed a rising influx of Chinese catering brands recently, with the influence of Chinese cuisine gradually penetrating the local dining market. On social media platforms, numerous overseas Chinese and international students residing in Malaysia have shared their delight at discovering authentic Chinese home-style flavors, sparking…
The image of a sleek, autonomous car gliding through city streets to find its owner is no longer confined to sci-fi blockbusters. On April 26, at the headquarters of Chinese automaker Chery in Wuhu, Anhui province, that vision crossed into reality. Standing before a towering digital backdrop of a rain-slicked cityscape, Shawn Xu, CEO of…