Visitors gather at Arrow’s booth during the spring edition of the Home China Expo in Shanghai on Sunday. CHINA DAILY Chinese home furnishings maker Arrow Home Group is accelerating its international expansion, betting on smart technology and localized innovation to capture growing demand in key global markets, including the United States and Europe, as well as…
From left to right: Denis Depoux, global managing director of Roland Berger; Nancy Wang, country manager at LinkedIn China; Bernard Sim, general manager for China at Scoot; Martin Xu, general manager of Chinese Mainland, Commercial and Operations at Cathay Pacific. [Photo provided to chinadaily.com.cn] Editor’s Note: This year marks a critical milestone as China concludes its 14th Five-Year Plan.…
Anta Sports, a leading sportswear firm. [Photo by Sun Chi/chinadaily.com.cn] ANTA Sports Products Limited saw its revenue surge to 70.83 billion yuan, marking a 13.6 percent increase year-on-year, according to its annual results for the year ending on Dec 31, 2024. The company’s profit from operations climbed by 8 percent to reach 16.60 billion yuan.…
A Wumart supermarket is seen in Beijing on Aug 7, 2018. [Photo/Sipa] Wumart Group has used best practices from its counterpart, Pangdonglai, to transform its store in Beijing, marking an important change in its retail approach, which is highlighted by streamlined assortment and caring for the workforce. Located on Xueqing Road, the newly renovated Wumart…
Shandong province has recorded the start of more than 1,000 construction projects and investments with a combined investment tag of 1 trillion yuan ($138.2 billion), signaling the benefits of efforts aimed at supporting innovative development by various enterprises and job creation. Among these initiatives, which kicked off in late February, there are 635 private investment…
From left to right: Karen Yin, president of AkzoNobel China; Zhou Tao, China region president of DSM-Firmenich; Chen Pu, chief Asia officer of Syensqo; Shen Kelei, executive VP, and president for China unit, Marelli. [Photo provided to chinadaily.com.cn] Editor’s Note: This year marks a critical milestone as China concludes its 14th Five-Year Plan. To help in…
Brazilian mining company Vale SA logo and trading symbol are displayed on a screen at the New York Stock Exchange (NYSE) in New York, US. [Photo/Agencies] Vale and HBIS Group signed a Memorandum of Understanding in Beijing on Thursday to deepen collaboration on decarbonization and jointly promote the green and low carbon development of the…
SHANGHAI — Tesla’s new Megafactory in East China’s Shanghai on Friday exported its first batch of Megapack energy-storage batteries, the company announced. It took the new Megafactory just over a month after its production launch to achieve its first export, with the batteries being transported from Shanghai Port to Australia. This export highlights Tesla’s further…
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…