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Multinational firms unveil China strategies and investments at CIIE

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Gnosis, the human nutrition and health division of French biotechnology leader Lesaffre Group, unveils its new global brand image and announces its deepened global and China strategies at the eighth China International Import Expo (CIIE) in Shanghai. [Photo provided to chinadaily.com.cn] Recognizing the ongoing China International Import Expo (CIIE) in Shanghai as a globally prominent…

Starbucks sells major China biz stake to Boyu

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Consumers seen at a Starbucks store in Hangzhou, Zhejiang province, on Sept 9. LONG WEI/FOR CHINA DAILY Starbucks Coffee Co announced on Tuesday that it has sold a majority stake in its China business to Boyu Capital, a leading Chinese investment firm, forming a joint venture that will operate Starbucks’ retail operations in the country.…

Haier Group promotes AI in healthcare at Shanghai expo

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The Haier Group has used the 8th China International Import Expo in Shanghai to highlight the country’s growing capacity for homegrown medical innovation as well as making the case for the greater integration of artificial intelligence into healthcare services. Participating in the expo for the sixth year running, Haier’s healthcare unit Incaier presented more than…

Global exhibitors showcase green innovations and low-carbon goals at CIIE

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French manufacturer Michelin’s booth at the eighth China International Import Expo (CIIE) in Shanghai. [Photo provided to chinadaily.com.cn] Green and sustainable development has become a key topic at the ongoing China International Import Expo (CIIE), which closed on Monday in Shanghai, with some exhibitors showcasing cutting-edge green technologies, while others highlighted their low-carbon development goals…

Dow strengthens China ties through innovation at CIIE

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Dow Inc, a United States-based materials science company and eight-time participant in the China International Import Expo, has brought nearly 100 technologies and products to the event in Shanghai this year, spanning sectors such as intelligent manufacturing, new energy, mobility, sustainable packaging and consumer goods. “What we are seeing now is that China is really…

Air China retraces historic uprising route

The Air China flight from Hong Kong Special Administrative Region arrives at Tianjin Binhai International Airport on Sunday, marking the successful completion of a commemorative journey retracing the historic “Two Airlines Uprising” route. The aircraft received the civil aviation industry’s highest ceremonial tribute — the “water salute”. [Photo by Luo Wangshu/chinadaily.com.cn] A commemorative Air China…

Red Bull owners trumpet investment in Chinese market

[Photo provided to chinadaily.com.cn] Thailand’s TCP Group, the creator and owner of the Red Bull brand, said its accumulative investment in China has exceeded 4.36 billion yuan ($590 million), as it showcased its latest products at the ongoing China International Import Expo (CIIE) in Shanghai on Thursday. The investment includes two major manufacturing projects —…

Pernod Ricard bets on China’s evolving consumer tastes

Visitors at Pernod Ricard’s booth during the eighth China International Import Expo in Shanghai. [Photo provided to chinadaily.com.cn] Pernod Ricard, the French spirits and champagne group, will deepen its footprint in China by capitalizing on growing demand for whisky, vodka, gin and tequila, amid a global shift toward premium and experience-driven consumption, according to a…

Alibaba’s secondhand goods platform employs AI

Ding Jian, president of Xianyu, delivers a speech at the 2025 World Internet Conference Wuzhen Summit. [Photo provided to chinadaily.com.cn] Xianyu, Chinese tech heavyweight Alibaba Group’s online trading platform for secondhand goods, is accelerating steps to leverage artificial intelligence technology to improve the transaction efficiency of idle goods. Ding Jian, president of Xianyu, said the…

Amcor unveils plans for China expansion at Shanghai expo

Amcor Plc, the Zurich-headquartered packaging group which has 400 plants worldwide, is considering building a new factory in Jiangyin, Jiangsu province, to expand production of medical, pharmaceutical and food packaging, according to senior executives. The investment is aimed at strengthening the company’s local manufacturing capacity and meeting rising demand for high-performance packaging materials in China’s…