Sino Biopharmaceutical Limited, or Sino Biopharm, expects to have approximately five innovative products approved in China each year, bringing the total of its innovative products to at least 30 by 2027, the company announced at a conference on Thursday, where it released its 2024 annual results. Such continuous innovation efforts demonstrate the company’s commitment to…
A delegation of international business leaders and entrepreneurs tour Shanghai’s Yangpu district on March 18. [Photo by Zheng Zheng / chinadaily.com.cn] A delegation of international business leaders and entrepreneurs toured Shanghai’s Yangpu district on Tuesday, exploring business opportunities and gaining insights into the city’s development. Hosted by the Shanghai People’s Association for Friendship with Foreign…
Gaggenau, a German luxury kitchen appliance manufacturer owned by Munich-headquartered BSH Home Appliances Group, inaugurated a flagship store in Beijing on Tuesday, marking a notable step in expanding its presence in North China. After launching its first flagship store in China in Shanghai in 2022, the German company plans to open its third store in…
The global pharmaceutical company Teva announced a strategic partnership with Kerry Pharma, a subsidiary of the Kerry Logistics Network Ltd on March 11, further bolstering the pharmaceutical supply chain in the Guangdong-Hong Kong-Macao Greater Bay Area. The partnership will leverage a digital system to integrate and streamline operations and the efficient circulation of nearly 200…
Thanks to China’s scale and growth potential, UK-based consumer goods company Unilever Plc is working to make the country a top market for its haircare brand Nexxus in the years to come, said senior executives of the company. Unilever globally launched its Nexxus Promend high-end hair product collection in Shanghai on Feb 21, the latest…
Spring blossoms at Kobe Nunobiki Herb Gardens. KOBE NUNOBIKI HERB GARDENS Direct flights linking Japan’s Kobe and Chinese cities of Shanghai and Nanjing of Jiangsu province would be launched starting April, which are expected to serve air traveling requirements between the Japanese city and the Yangtze River Delta region, announced Shanghai-based airliner Juneyao Airlines on…
Scholars from Peking University and Caroline Tillett, chief scientific officer of Kenvue Inc attend the unveiling ceremony of a joint laboratory on anti-aging in Beijing. [Photo provided to chinadaily.com.cn] Dabao, a skin health and beauty brand owned by Kenvue Inc, a United States-based consumer skincare company, and the School of Life Sciences at Peking University…
The LEGO Formula 1 speed station on Nanjing Road in Shanghai. [Photo provided to chinadaily.com.cn] The LEGO Group is strengthening its long-term strategy in China with continued investments in product innovation, retail optimization and brand building, bolstered by the highly anticipated opening of the country’s first-ever LEGOLAND this summer. Niels B. Christiansen, CEO of the…
CNOOC Limited announced on Monday that the Caofeidian 6-4 oilfield comprehensive adjustment project and the Wenchang 19-1 oilfield phase II project have commenced production. The Caofeidian project is located in the western part of the Bohai Sea, with an average water depth of approximately 20 meters. The main production facility is a new production wellhead…
Global sandwich giant Subway’s new store in Chengdu, Sichuan province, China in 2024. [Photo provided to chinadaily.com.cn] Global sandwich giant Subway has rolled out a comprehensive expansion strategy for the Chinese market, targeting 300 to 500 new stores annually over the next five to 10 years as part of its brand revitalization. The plan was…