The Roche booth at the 7th China International Import Expo in Shanghai, on Nov 4, 2024. [Photo/VCG] SHANGHAI – Swiss pharmaceutical giant Roche has announced plans to invest 2.04 billion yuan ($283 million) in building a new biopharmaceutical manufacturing facility in Shanghai’s Pudong New Area, strengthening its localization strategy in the Chinese market. The new…
Corning’s logo is seen during an expo in Beijing on Nov 28, 2024. [Photo/VCG] United States-based materials science company Corning Incorporated plans to invest another $500 million in China this year, reinforcing its long-standing commitment to what it calls its most important overseas market, despite ongoing geopolitical and economic headwinds. “This year marks the milestone…
Chinese artificial intelligence technology company CreateAI Holdings Inc on Wednesday released a white paper on the application and development of multimodal generative technology in animation production. The white paper provides a comprehensive analysis of 2D and 3D animation production workflow, detailing the transformative impact of multimodal generative technology across critical stages, including scriptwriting, storyboarding and…
The logo of US tech company HP Inc is displayed at the China International Supply Chain Expo in Beijing, on Nov 26, 2024. [Photo/VCG] US tech company HP Inc has reiterated its long-term commitment to the Chinese market, emphasizing the country’s critical role in its global manufacturing and innovation strategies. Senior executives highlighted plans to…
Legoland Shanghai Resort will open on July 5. [Photo provided to chinadaily.com.cn] Legoland Shanghai Resort, set to be the world’s largest Legoland at its opening, will officially open to visitors on July 5, announced Merlin Entertainments on Wednesday. “Announcing the grand opening date is a major milestone for Legoland Shanghai Resort,” said John Jakobsen, chief…
A view of the booth of Suzano during an expo in Shanghai. [PHOTO/CHINA DAILY] China has the “perfect recipe for success” and is well prepared to face challenges amid global uncertainties, continuing to bring stability and confidence in business expansion, investment and technological innovation, said a senior executive. Pablo Machado, global executive vice-president of China…
Nathan Flowerday, chairman of Zespri. [Photo provided to chinadaily.com.cn] Zespri, a cooperative of kiwi fruit growers in New Zealand, is eyeing deeper penetration and sustained long-term growth in China, reaffirming its confidence in the world’s second-largest economy despite a sluggish global outlook. As Chinese consumers increasingly prioritize health and premium-quality produce, Zespri expects its China…
Three new direct routes connecting Shanghai and European destinations, namely Geneva, Milan, and Copenhagen, will be launched in coming months by China Eastern Airlines, which will expand the airline’s European network to 15 cities, announced the Shanghai-based carrier on May 8. The Shanghai-Geneva flight will launch on June 16 and operate every Monday, Wednesday, Friday…
The Gates Foundation announced on Thursday that it plans to spend $200 billion over the next two decades and cease operations by 2045. “I will give away virtually all my wealth through the Gates Foundation over the next 20 years to the cause of saving and improving lives around the world,” Bill Gates, the foundation’s…
A ceremony marking the start of construction on AstraZeneca’s new small molecule drug factory is held in Wuxi, East China’s Jiangsu province, on May 8. [Photo provided to chinadaily.com.cn] AstraZeneca, a globally leading biopharmaceutical company, kicked off construction on a new small molecule drug manufacturing facility in Wuxi, East China’s Jiangsu province, on May 8,…