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Pearson bets on nation’s love of learning

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Pearson Plc is doubling down on China as a growth market, striking a series of new agreements to expand digital education, vocational training and lifelong learning. The education specialist sees rising demand in the country for English proficiency combined with technical skills — from artificial intelligence to art and design — and has accordingly developed…

Shandong gelatin maker crunches numbers for future success

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Technicians at work on Dongeejiao’s production line. [Photo provided to chinadaily.com.cn] Donkey-hide gelatin maker Dongeejiao Corp Ltd is employing new technology and a new resources allocation mode to advance its plans for high-quality development. As a result of a thorough reform process, the company’s business performance has witnessed steady growth. Data from the company showed…

Inner Mongolia speeds up low-carbon transition

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A worker is busy at a general assembly workshop in the Ming Yang Smart Energy Group’s industrial park in Baotou, Inner Mongolia autonomous region, on July 29. LI ZHIPENG/XINHUA BEIJING — Stepping into the wind turbine assembly plant at Ming Yang Smart Energy Group’s industrial park in Baotou, North China’s Inner Mongolia autonomous region, visitors are…

‘Fan economy’ grows into commercial powerhouse

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A fan merchandise featuring images created by He Hehe from Shenzhen, Guangdong province, is displayed at TNT’s concert in Shanghai on Aug 21. CHINA DAILY As China’s live performance market rebounds, concerts are booming nationwide, and official fan merchandise has emerged as both a commercial powerhouse and a cultural touchstone for fans. Sales of official merchandise…

Nation’s growth steady amid headwinds

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China’s economy showed signs of stabilization in August, with key indicators pointing to continued growth momentum, official data released on Monday showed, suggesting resilience in the face of persistent external pressures and domestic challenges. However, economists warned that the recovery remains fragile, hampered by lackluster domestic demand, the ongoing property sector correction, and the impact…

Magnum outlines plans for demerger from Unilever

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[Photo provided to chinadaily.com.cn] The Magnum Ice Cream Company (TMICC) outlined its growth strategy and financial outlook during its inaugural capital markets day in London on Tuesday. During the event, Magnum’s management presented its business strategy and financial framework ahead of the planned demerger from Unilever PLC and standalone listing, both of which are expected…

Schneider Electric uses its Chinese base as a global example

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Schneider Electric’s Shanghai facility incorporates high-end technologies like big data, 5G and artificial intelligence to enhance productivity. [Photo provided to China Daily] After 38 years in China, French industrial conglomerate Schneider Electric has transformed its presence in the country from a manufacturing base into its second-largest market and a vital center for innovation and manufacturing…

JD’s logistics arm increasing its reach into Malaysia

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Malaysian Prime Minister Anwar Ibrahim with senior members of JD Logistics. [Photo provided to chinadaily.com.cn] Jingdong Logistics, the logistics arm of Chinese e-commerce giant JD, has said it will continue to increase its investment in Malaysia, bringing more Malaysian products to China and enhancing bilateral logistics and supply chain capacities. JD said its executives recently…

Bayer steps up innovation focus in China market

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Bayer Co.Lab, a global life sciences incubator network by German multinational company Bayer, has announced the launch of Bayer Co.Lab AdVenture, its inaugural global platform connecting with venture capital partners. At an event in Shanghai to mark the network’s anniversary in China, it also announced the induction of two new Chinese biotech startups into the…

Aeolus Tyre Co has roadmap for growth

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Visitors check products at Aeolus Tyre’s booth during a trade fair in Belo Horizonte, Brazil, in Sept 2024. [Photo provided to chinadaily.com.cn] Aeolus Tyre Co Ltd, a subsidiary of the State-owned Sinochem Holdings Corp Ltd, will ramp up production of premium truck and bus tires as well as seeking innovations in off-the-road and specialty tires…