Starbucks China is venturing beyond food and beverages to launch its first apparel line across the country, as companies in the tea and coffee sector increasingly embrace lifestyle and cultural merchandise to drive growth. Over 400 Starbucks stores nationwide have been selling the “Bearista Town” collection since May 26, featuring utility vests for 399 yuan…
China’s Hong Kong Special Administrative Region and Saudi Arabia are expected to see broader cooperation opportunities in investment, new energy, technology and infrastructure, as they move to better align the city’s strengths as an international financial and business hub with Saudi Arabia’s Vision 2030. The remarks came during a recent business event organized by the…
On a sprawling polo field in northeastern Beijing, the sound of galloping horses echoed across the grass as players from around the world competed under clear spring skies. Applause from the stands rose intermittently. The scene brought together tradition and contemporary sport, reflecting the enduring appeal of a game with a history spanning more than…
Bayer expanded its China Center of Innovation and Partnership (CCIP) to Shandong province on Wednesday, nearly two years after launching its flagship hub in Shanghai. The expansion advances the CCIP’s “in China, for the world” concept, betting on the country’s fast-expanding consumer health market fueled by rising wellness awareness and supportive government policies for medical…
Chinese sportswear maker Anta Sports Products Ltd has announced a strategic partnership with domestic motorcycle brand Zxmoto, positioning itself as the latter’s global strategic cooperation brand. Under the deal unveiled earlier this week, Anta will support Zxmoto at international racing circuits, including world-class motorcycle events, and debut a co-branded line of athletic footwear and apparel.…
German footwear brand Birkenstock sees China as one of its most promising growth markets, with the country becoming a key driver of its global business expansion. With the Chinese market being a major driver, the company sees a 30 percent year-on-year growth in its revenue in the Asia-Pacific region, which accounts for 12 percent of…
On May 21, Molnlycke Health Care and Zhende Medical, a Shaoxing, Zhejiang province-based supplier of medical care and protection, announced plans to form a new joint venture company in China to accelerate growth in the market. [Photo/Molnlycke Health Care’s website] For Molnlycke Health Care, a global leader in medtech and one of the world’s largest…
Visitors gather at Trip.com’s booth during a tourism expo in Shanghai on May 26. The company has set a target of bringing 200 million overseas visitors to China over the next five years. CHINA DAILY Trip.com Group will invest 15 billion yuan ($2.2 billion) over the next five years to promote China as a travel…
The Bank of Communications’ Macao branch on Tuesday completed two mBridge transactions: a cross-border remittance in digital pataca, or e-MOP, for Macao Industrial Ltd, and a 500-million-yuan ($73.8 million) cross-border collection in digital yuan for Far East Horizon Ltd. The transactions mark a breakthrough in the application of mBridge in Macao. Project mBridge aims to…
A group of Gen Z visitors from more than 10 countries — including the United States, Germany, Russia, Myanmar, Madagascar and South Africa — has embarked on an immersive journey through the coastal city of Rizhao in East China’s Shandong province.From cutting-edge maritime hubs and rich culture heritage to pioneering industrial innovations, these young global…