The Western Range project was put into operation on June 6, 2025. [Photo/Xinhua] The Western Range project, a significant iron ore mine in Australia that was recently put into operation, serves as a cornerstone of the longstanding resource partnership between Australia and China, said company executives and industry experts. The joint venture between Rio Tinto…
A person carrying a bag walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran United States tariffs have been blamed for disappointing first-quarter sales figures released by the parent company of fashion giant Zara on Wednesday. Inditex fell short of market expectations for first-quarter sales and…
France’s proposed crackdown on ultra-fast fashion risks derailing billions of euros in trade with China, as experts accuse the bill of targeting Chinese e-commerce giants under the veneer of environmental concern. They made the comments as the bill, now under heated debate in the French National Assembly, claims to address the environmental footprint of…
Chinese online education platform Xueersi rolled out a revamped AI programming curriculum recently, aiming to nurture a new generation of tech-savvy students as the country accelerates efforts to integrate artificial intelligence into education. The company unveiled its four-pronged upgrade to its programming education system, encompassing new tools, teaching methodologies, curriculum content, and learning formats. The…
In an interview with China Daily Website, Bostjan Demsar, general manager of Domel Electric Motors Suzhou, emphasizes China’s significance as a “very big, highly developed” market. With 20 years operating experience in Suzhou, the company thrives on localized production, sourcing majority of its suppliers from China. This fosters powerful collaborations, enabling Domel to serve diverse…
A resident takes photos of a Labubu toy at the Taipa exhibition area of “POP MART MACAO CITYWALK” in South China’s Macao, June 6, 2025. The tourism office of China’s Macao Special Administrative Region (SAR) government, together with China’s trendy toy maker POP MART, on Friday launched “POP MART MACAO CITYWALK,” a cultural tourism initiative…
Huaxia Bank has gained approval from the People’s Bank of China to issue up to 10 billion yuan ($1.4 billion) of green bonds. [Photo/Sipa] BEIJING – Huaxia Bank, a mid-sized lender in China, has gained approval from the People’s Bank of China to issue up to 10 billion yuan ($1.4 billion) of green bonds to…
Data shows China had 193,000 convenience stores in 2020. The sales volume of branded chain convenience stores in China reached 296.1 billion yuan ($46.08 billion), up about 6 percent year-on-year. The China Chain Store Association and KPMG released a report on the development of China’s convenience stores on May 13 based on 89 convenience store…
The market value of the 87 listed home appliances companies in China reached 2.05 trillion yuan ($322.76 billion) as of Dec 31, 2021, with three exceeding 100 billion yuan and one topping 500 billion yuan. Midea Group, Haier Smart Home and Gree Electric Appliances grabbed the top 3 places in market value. The top 10…
China Internet Week announced the 2023 smart computing server providers list in December. Computing servers have brought changes to science, industries and business sectors amid the rapid advancements in artificial intelligence and big data. IEIT System, an AI server company of Inspur Group, ranked first, while H3C and Huawei secured the second and third spots…