Chinese sportswear producers are making a push in Southeast Asia by gaining more momentum through localization. Anta Sports Products Ltd is expected to reach 1,000 stores for its athletic wear products across Southeast Asia within three years, fueled by its multibrand strength, heavy localization and an upscaled supply chain, said Will Wang, vice-president of Anta…
Beijing-based biotech unicorn METiS TechBio announced on Tuesday the launch of what it calls the world’s first AI-powered nano delivery platform, NanoForge, a breakthrough that could reshape how medicines are designed and delivered, paving the way for reprogrammable drugs. At the launch event in Beijing, company co-founder and CEO Chris Lai compared the technology to…
Servier China unveiled its “It Means the World” Patient Week in Beijing on Sept 15 to strengthen dialogue among patients and families, patient organizations and physicians. As one of the earliest multinational pharmaceutical firms to enter China, Servier has operated in the country for 45 years. The company has built a good presence in the…
Chinese food delivery giant Meituan launched its international brand Keeta in Kuwait on Monday, marking its third expansion in the Gulf after Saudi Arabia and Qatar, as it steps up efforts to build a regional network in the Middle East. It chose the Gulf country for its high per capita GDP, strong penetration of online…
Chinese software firm, Kingdee International Software Group, recently opened a regional headquarters in Qatar and its free zones, marking its first foray into the Middle East. The company seeks to expand advanced Chinese AI technology overseas to drive digital transformation across the Middle East and beyond. The Shenzhen, Guangdong province-based enterprise-level SaaS provider signed a…
The most significant shift in China’s textile market lies in a strategic pivot by domestic brands, from cost-driven production to prioritizing sustainability and innovation, and this transformation, coupled with China’s robust industrial foundation, has created a unique “innovation ecosystem “that is reshaping global textile dynamics, according to Rohit Aggarwal, CEO of Lenzing Group. In an…
Anta brand’s first flagship store in Singapore. [Photo provided to chinadaily.com.cn] Anta Sports Products Ltd is accelerating its global expansion with a bold target: 1,000 stores of its ANTA brand across Southeast Asia within three years, betting on a mix of multi-brand strength, heavy localization, and an up-scaled supply chain to challenge the global sportswear…
Air China and the China Center for International Cultural and Tourism Exchange on Monday launched a joint initiative to boost inbound tourism, unveiling new products and signing a cooperation agreement under the “Hello, China” Inbound Tourism Partnership Program. Nearly 170 representatives from cultural and tourism institutions, enterprises, media, and overseas influencers attended the event themed…
During the 14th Five-Year Plan (2021-25) period, integrated circuit company Shanghai Belling Corp Ltd became the world’s largest provider for electric energy metering chips in comprehensive gauges. The company now accounts for 70 percent of the production of single-phase metering chips, while its global market share for three-phase metering chips rose from 10 to 30…
BEIJING — China’s top 500 enterprises posted steady increases in spending on research and development (R&D) last year, with average R&D intensity rising for an eighth consecutive year, according to a 2025 enterprise-ranking report published by the China Enterprise Confederation and the China Enterprise Directors Association on Monday. According to the annual list of the…