A visitor (left) browses cosmetics during the 67th China International Beauty Expo at the National Exhibition and Convention Center in Shanghai on June 25. [Photo provided to China Daily] Huaxizi, also known as Florasis, a Chinese beauty brand with cultural and aesthetic attributes, first introduced the company’s skincare line in September, a move driven by…
CapitaLand Investment Ltd (CLI), Singapore-based real estate manager, listed CapitaLand Commercial C-REIT (CLCR), China’s first international-sponsored retail C-REIT, on the Shanghai Stock Exchange (SSE) on Monday. CLCR began trading under the stock code 508091 at 6.84 yuan ($0.96), 19.6 percent above its initial public offering price of 5.718 yuan per unit. The IPO raised 2.29 billion…
Clockwise from top: The booth of the Bank of China at the 2025 China Langfang International Economic and Trade Fair.A BOC staff member poses with a foreign visitor in front of the bank’s e-CNY product area at the fair. A woman is served at BOC’s payment service center in Shaanxi province. [Photos provided to China…
A visitor at the 2025 China Langfang International Economic and Trade Fair asks about financial products at the booth of BOC. [Photo provided to China Daily] This year, China has rolled out targeted policies to invigorate its consumer market. These initiatives include refinancing support for elderly care services, interest subsidy programs for personal consumer loans…
The logo of Meituan. [Photo/VCG] Chinese on-demand service company Meituan has launched its international food delivery brand, Keeta, in Dubai, marking its entry into the United Arab Emirates and its third new market in the Middle East in just 40 days. The expansion follows Keeta’s rollout in Qatar in August and Kuwait earlier this month.…
Consumers browse electronics at a Xiaomi store in Seoul on June 25. CHRIS JUNG/NURPHOTO/GETTY IMAGES Chinese consumer electronics brands are shifting from battling for market share to building ecosystem-driven growth worldwide, with diversified product categories and emerging technologies reshaping their global expansion, according to experts. “Chinese consumer electronics brands are steadily increasing their market share,…
HP Inc is stepping up efforts to tap into China’s printing market, while positioning the country as an indispensable hub for its manufacturing and innovation, a senior executive said. In an exclusive interview with China Daily, Anneliese Olson, president of imaging, printing, and solutions at HP, delivered a strong reaffirmation of the company’s long-term commitment…
By launching a brand new Asia-Pacific research and development and manufacturing site in Wuxi, East China’s Jiangsu province, German heating unit manufacturer Vaillant is demonstrating its commitment of “in China, for the world”. The newly launched base is the only R&D and manufacturing site of Vaillant outside Europe, mainly producing core categories such as wall-hung…
Yu Chengdong, Huawei’s executive director and chairman of its terminal business group. [Photo provided to chinadaily.com.cn] Huawei Technologies Co has unveiled SAIC H5, the first vehicle under its newly established smart car brand co-developed with SAIC Motor. As the most budget-friendly model within Huawei’s Harmony Intelligent Driving Alliance, the H5 expands the alliance’s coverage across…
Ian Shih, president of Rockwell Automation (China) Ltd Rockwell Automation, a US-based industrial automation company, is banking on opportunities from China’s digital and green transition, as the future growth drivers of China’s economy will increasingly come from emerging industries such as green technology, smart manufacturing and the digital economy, a senior executive said. The keywords…