China’s clear message to support the development of innovative drugs has buoyed the spirits of foreign pharmaceutical companies and reinforced their commitments to align their global R&D capabilities with China’s robust pharmaceutical ecosystem, said a senior executive. “We’ve received strong signal from the policymakers that they are keen to foster innovation in the pharmaceutical industry.…
Employees work at a vacuum flask production facility of Zhejiang Haers Vacuum Containers Co in Jinhua, Zhejiang province. [Photo provided to China Daily] Enterprises in Jinhua, Zhejiang province, are gaining a competitive edge globally, thanks to innovative green measures by the local power grid operator, as products with low-carbon labels take center stage in the…
China’s top private companies are betting big on innovation for growth, as they scale up their businesses and navigate mounting global economic uncertainties, according to a new report. The latest annual report on the top 500 private firms in China by the All-China Federation of Industry and Commerce (ACFIC) covers 6,379 Chinese private companies with…
The LEGO Group has 450 stores in China. [Photo provided to chinadaily.com.cn] The LEGO Group posted solid growth in the first half of 2025, supported by a dynamic product portfolio and sustained investments across global markets. CEO Niels B. Christiansen highlighted the recovery in China, saying the company was “very happy with that development” as…
Travel agency Trip.com Group has unveiled an immersive 90-minute dining experience that blends cuisine, digital storytelling and live performances. [Photo by He Qi/chinadaily.com.cn] Travel agency Trip.com Group has unveiled “Taste of China”, an immersive 90-minute dining experience which blends cuisine, digital storytelling and live performances. The initiative targets deeper culinary heritage exploration amid booming cross-border…
CNOOC Limited announced on Tuesday its wholly owned subsidiaries have entered into two Production Sharing Contracts (PSCs) for exploration blocks in Indonesia with SKK Migas, the subsidiaries of other Tangguh partners, EnQuest and Agra. The contracts were signed for Gaea and Gaea II exploration blocks, which are mainly located both onshore and offshore in southern…
White tea is the closest to nature among the six major tea categories due to its unique processing method, which does not involve frying or rolling. This processing method allows it to retain a lot of nutrients in the tea leaves and enables long-term storage. Thanks to its unique geographical and climatic conditions, as well…
Chinese vaccine company Sinovac Biotech Ltd announced on Monday that its newly developed adsorbed tetanus vaccine has officially obtained approval from the National Medical Products Administration, marking a milestone in the company’s push to expand its presence in the trauma care sector. The vaccine features aluminum hydroxide adjuvants with a particle size of just 300…
China’s largest petrochemical base, the newly completed Daxie Petrochemical refining and chemical integration project in Ningbo, Zhejiang province, is expected to significantly boost domestic supply of key chemical materials, company executives and industry experts said. The nation’s petrochemical industry is showing strong signs of recovery, driven by rising domestic demand and robust government support, they…
As Xizang autonomous region is celebrating the 60th anniversary of its establishment as an autonomous region in Southwest China, Palden Tsering in Lhokha is eager to learn more as a Tibetan power worker. As a newcomer to State Grid Lhokha, he knows all too well that to help accelerate the progress of Lhokha — which…