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SE Asia key focus for Panpan’s expansion

Employees work on a production line of Panpan Foods Group in Jinjiang, Fujian province, on Aug 19. HU MEIDONG/CHINA DAILY Panpan Foods Group, a Jinjiang, Fujian province-based snack food maker, has continued to accelerate the pace of its international expansion, especially in markets involved in the Belt and Road Initiative. So far, the company has exported…

Aveva to invest more in China, tap opportunities in industrial upgrade

This photo taken on Feb. 27, 2024 shows a digital manufacturing plant for children’s garment at Zhili town of Huzhou city, East China’s Zhejiang province. Xu Yu/XINHUA Industrial software developer Aveva will continue to increase investments and strengthen its research and development capacities in China, while expanding cooperation with Chinese partners to grasp the abundant…

Baidu sees its total revenue hit nearly $5b in the second quarter

An employee comes out of the Baidu headquarters in Beijing. [Photo by Fan Jiashan/For China Daily] Chinese tech giant Baidu Inc reported on Wednesday that its total revenue reached 32.7 billion yuan ($4.57 billion) in the second quarter of this year, with artificial intelligence-powered cloud business delivering robust revenue growth.  Revenue from Baidu’s core businesses…

China Eastern Airlines announces new Shanghai-Yiwu route

China Eastern Airlines announced on Tuesday it will launch a new daily flight between Yiwu, Zhejiang province and Shanghai Pudong International Airport on September 10, in a bid to enhance international transit connections through the East China economic hub. The decision aims to provide a more convenient link between Shanghai Pudong and cities across the…

Maidelong banks on new retail mode for growth

Consumers browse products at a Maidelong store in Wuhan, Hubei province. [Photo provided to CHINA DAILY] Maidelong, formerly known as Metro China, has renovated one of its stores in Beijing by adopting domestic counterpart Pangdonglai’s celebrated retail practice, which centers on consumer experience. The launch marks the first step of Maidelong, a unit of Beijing-based…

White House launches official TikTok account

The logo of TikTok is seen on the screen of a smartphone in Arlington, Virginia, the United States, March 13, 2024. [Photo/Xinhua] The White House launched an official TikTok account on Tuesday, taking advantage of the short video app’s more than 170 million US users to spread the messages of President Donald Trump. The new…

Trump says Intel agreed to give US government 10 pct stake

  US flag, Intel logo and words “10% stake” are seen in this illustration taken August 22, 2025. [REUTERS/Dado Ruvic] NEW YORK — US President Donald Trump said Friday Intel’s CEO has agreed to give the US government a company stake worth 10 billion US dollars, roughly equivalent to 10 percent of the chipmaker’s market…

Home appliance makers tap into silver economy

Seniors check out air conditioners at a shopping center in Shanghai. CHINADAILY As China’s silver economy is gaining growth momentum, top Chinese home appliance makers are ramping up efforts to launch products suitable for seniors — a demographic that has shown an increasing demand for diversified, easy-to-use and health-oriented household appliances. Experts said that with…

Retail giant opens Miniso Land store in Guangzhou

Chinese retail lifestyle brand Miniso opened its Miniso Land in Guangzhou, the capital of Guangdong province, on Tuesday. [Photo provided to chinadaily.com.cn] Chinese retail lifestyle brand Miniso opened its Miniso Land, a high-end store centered on interest-driven consumption, in Guangzhou, the capital of Guangdong province, on Tuesday. The store, located in a typical arcade building…

Cathay Group vows more investment on mainland; to expand staff group

A Cathay Pacific aircraft is seen landing at Xi’an Xianyang International Airport in Shaanxi province on July 6. CHINA DAILY Hong Kong-based Cathay Group said it would continue to increase investment in the Chinese mainland, a highly important market, and hire more flight attendants and pilots from the Chinese mainland to meet growing travel demand. By…