Meitu’s booth is seen during a forum in Nanning, Guangxi Zhuang autonomous region. [Photo provided to chinadaily.com.cn] XIAMEN — Chinese selfie-enhancing tech giant Meitu on Monday announced its financial results for the first half of 2025, reporting a total revenue of 1.8 billion yuan ($252.4 million) — a year-on-year increase of 12.3 percent. The company…
Swiss watch brand Swatch Group has apologized following backlash in China over an advertisement featuring a model making a “slanted eyes” gesture, widely recognized as a racist slur against people of Asian descent. The company said in a statement on Saturday that it treated the matter with the utmost importance and has immediately removed all…
Shanghai Hutchison Pharmaceuticals holds a ceremony at its research and production base on Friday, marking the departure of the company’s first batch of Zhengqi Tablets export to Canada. [Photo provided to chinadaily.com.cn] Shanghai Hutchison Pharmaceuticals announced on Monday that the shipment of the first batch of Zhengqi Tablets exported to Canada is scheduled to depart…
Contestants from a Chinese university participate in the final round of the Tsinghua International Case Analysis Competition of Public Policy on SDGs at Tsinghua University, in Beijing on Saturday. [Photo provided to chinadaily.com.cn] With sustainability and innovation becoming defining features of China’s next growth chapter, Pernod Ricard China — the local branch of French wine…
Employees of State Grid Wuxi check distribution equipment before power transmission for the No 1 deep-well platform in Taihu Lake in Jiangsu province on Aug 4. CHINA DAILY State Grid Corp of China, the world’s largest utility company, is strengthening digital empowerment of the power grid in better aiding the country’s socioeconomic progress. In outlining the…
Volunteers help lay sand barriers in the Kubuqi Desert along the northern edge of Ordos in Inner Mongolia autonomous region on June 7. LI ZHIPENG/XINHUA In the depths of the Kubuqi Desert, along the northern edge of Ordos in Inner Mongolia autonomous region, a remarkable transformation is unfolding. What was once a dry, desolate riverbed can…
Workers put packages onto an automated sorting line at the ZTO Express’ parcel-sorting center in Shanghai. [Photo provided to CHINA DAILY] Each day, more than 500 million parcels are collected nationwide, meaning that every second, nearly 6,000 items are shuttled into the express delivery process. These statistics, showing average daily operations, were released by the…
A drone image shows a CSSC shipbuilding site at a yard in Qingdao, Shandong province, in May. YU FANGPING/FOR CHINA DAILY The long-anticipated share-swap merger between China CSSC Holdings Ltd (CSSC) and China Shipbuilding Industry Co (CSIC) will make CSSC the world’s largest listed shipbuilder by assets and revenue, said market watchers on Monday. CSSC and…
British consumer goods giant Unilever announced on Friday that its food factory and logistics center in Guangzhou, Guangdong province, went into operation. The move signifies a milestone in its synergized development of smart manufacturing and supply chain in China, it said in a statement. The plant, in Guangzhou’s Conghua district, is Unilever’s first full-range food…
A view of the booth of Geovis Technology Co Ltd during an expo in Nanchang, Jiangxi province. CHINA DAILY China is accelerating investment in the new and fast-growing space information — or “space computing” — sector which it sees as a future trillion-yuan driver of economic growth, with leading firms joining forces to develop the futuristic…