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Heraeus launches $83.6m quartz plant in China’s Shenyang

Visitors gather at German technology group Heraeus’ booth during the seventh China International Import Expo in Shanghai last week. [Photo/China Daily] SHENYANG — German technology company Heraeus Group on Tuesday officially launched its new quartz manufacturing plant in Shenyang, the capital of Northeast China’s Liaoning province, in its latest move to deepen Sino-German manufacturing cooperation.…

Apple announces new clean energy fund in China

BEIJING – US tech giant Apple on Monday said it will invest 720 million yuan ($100.31 million) to launch a new clean energy fund in China. The investment fund seeks to add around 550,000 megawatt-hours of wind and solar energy generation capacity to China’s power grid annually, with this figure expected to increase as more…

TCP Group boosts investment in China, eyes economic opportunities

Saravoot Yoovidhya, CEO of TCP Group, delivers a speech at the 2025 China Development Forum, on March 24, 2025. [Photo provided to chinadaily.com.cn] Thailand’s TCP Group, the owner of the Red Bull brand, is increasing its investment in China, capitalizing on the country’s continued economic resilience and commitment to market reforms, CEO Saravoot Yoovidhya said…

Chinese commerce minister meets with Cargill CEO

BEIJING – Chinese Commerce Minister Wang Wentao on Monday met with Brian Sikes, president and CEO of Cargill in Beijing, according to a statement released by the Ministry of Commerce. During the meeting, the two sides exchanged views on topics including Cargill’s business development in China, as well as China-US economic and trade relations. Wang…

ZF Group poised to propel growth in China’s automotive industry

Holger Klein, CEO of ZF Group. [Photo provided to China Daily] The world’s leading technology company and automotive supplier ZF Group has reinforced its dedication to boosting the high-quality development of China’s automobile industry amid rapid advancements in intelligence and electrification. Holger Klein, CEO of ZF Group, highlighted the effects of artificial intelligence on mobility…

Chinese commerce minister meets with Apple CEO Tim Cook

BEIJING – Chinese Commerce Minister Wang Wentao met with Apple CEO Tim Cook in Beijing on Monday, according to a statement released by the Ministry of Commerce. During the meeting, the two sides exchanged views on topics including Apple’s business development in China, as well as China-US economic and trade relations. Wang noted that the…

Chinese commerce minister meets with Qualcomm CEO

BEIJING – Chinese Commerce Minister Wang Wentao met with Cristiano Amon, president and CEO of Qualcomm, in Beijing on Monday, according to a statement released by the Ministry of Commerce. During the meeting, the two sides exchanged views on topics including Qualcomm’s business development in China, as well as China-US economic and trade relations. Wang…

Pharma firm enthused by deep access to China

Visitors gather at UCB’s booth during the fifth China International Import Expo in Shanghai in November 2022. [Photo provided to China Daily] China’s commitment to foster innovation and advance high-standard opening-up has provided global pharmaceutical companies with broader access to its vast consumer base, enabling them to introduce innovative medical solutions to the world’s second-largest…

BMW senior executive: China is an innovation hub

“China is the hub of innovation,” Sean Green, president and CEO of BMW Group Region China, said at China Development Forum on Sunday. Spotlighting China’s innovation ecosystem exemplified by tech pioneers such as DeepSeek, he reveals BMW’s “Developed in China for the global market” strategy. By co-creating with local partners to meet the world’s most…

Standard Chartered Bank Group CEO stresses broad business prospects in China thanks to innovation, opening up

BEIJING – As China’s high-tech sector thrives and Chinese firms continue to explore opportunities overseas, the China-related business of Standard Chartered Bank has seen a robust growth and enjoys broad prospects, said Bill Winters, group CEO of the banking corporation. Winters made the remarks in an interview with Xinhua ahead of the China Development Forum…