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Aladdin Holdings signs Ethiopia agri-tourism deal

Chinese company Aladdin Holdings Group and the Ethiopian embassy in Beijing sign a strategic memorandum on Wednesday for a proposed China-East Africa Modern Agriculture and Cultural Tourism Industry Innovation Center. [Photo provided to chinadaily.com.cn] Chinese company Aladdin Holdings Group and the Ethiopian embassy in Beijing signed a strategic memorandum on Wednesday for a proposed China-East…

State Grid Taizhou volunteers offer safety checks, care for special groups

State Grid Taizhou Power Supply Company recently held a volunteer activity at a local center serving special groups in Taizhou, Zhejiang Province, where its volunteers carried out electrical safety checks and took part in a series of interactive activities with the participants. Through the “Light Knockers” community care initiative, the volunteers inspected wiring, switches and…

Consulting firm urges expanding Chinese companies to consider local needs

Sheng Hong, senior partner at McKinsey & Company Senior executives of management consulting firm McKinsey & Company have urged Chinese companies going global to integrate into the local ecosystem, and customize and develop products for the local market to meet the needs of customers. Sheng Hong, senior partner of McKinsey & Company, said: “For many…

Hangzhou startup Manycore Tech lists on Hong Kong exchange

Manycore Tech became the world’s first publicly traded spatial intelligence company listed on the Hong Kong Stock Exchange on Friday, under the stock code 00068.HK. The listing also marks the first initial public offering (IPO) among Hangzhou’s much-talked-about “Six Little Dragons” of tech startups. Since the launch of its public offering, the company has attracted…

China’s shipbuilding giant develops advanced rotor sails for greener shipping

Engineers at China State Shipbuilding Corp, the world’s largest shipbuilder, have developed one of the world’s largest models of rotor sail, aiming to tap into the burgeoning global market for green ships. The rotor sail system, which has yet to be named, was designed at the Luoyang Ship Material Research Institute and has undergone a…

Chinese robotic system boosts precision and access in stroke treatment

A robot-assisted vascular intervention system developed in China is showing potential to improve the precision and accessibility of stroke treatment, amid growing demand for more efficient and high-quality healthcare solutions. Globally, stroke remains one of the leading threats to public health. According to the 2025 Global Stroke Report, there were 11.946 million new cases worldwide…

Why is China at the heart of Dolby’s global innovation?

The world’s first Dolby House has landed in Shanghai’s Zhangyuan. More than just an experience center, it is the world’s only demonstration space featuring immersive audio-visual experiences across in-vehicle, mobile, living room, music, gaming, and UGC scenarios. Watch the video as China Daily exclusively interviewed Dolby’s global executive to uncover: why is China at the…

Braisun Food inks strategic Qingzhou spacecraft deal

A strategic agreement was reached on April 15 in Shanghai, under which Henan-based instant noodle company Braisun Food became the first strategic partner of China’s next-generation cargo spacecraft Qingzhou. [Photo provided to chinadaily.com.cn] A strategic agreement was reached on Wednesday in Shanghai, making Henan-based instant noodle company Braisun Food the first strategic partner of China’s…

Global resource firm reports 2025 growth, deepens strategic partnership with China

China remains a cornerstone of ERG’s global strategy, with the country playing a critical role in the group’s operations. [Photo provided to chinadaily.com.cn] Eurasian Resources Group — a global player in the natural resources sector — unveiled its preliminary results for 2025, showcasing remarkable strides in efficiency and profitability, with strategic initiatives that have not…

Tech firm tops A-share rankings as China’s market shifts toward innovation-led growth

A high-tech company overtook a traditional blue-chip on Friday to become the most expensive stock in China’s A-share market, underscoring a broader market shift toward innovation-driven growth. Shares of Yuanjie Semiconductor Technology Co Ltd hit a record high of 1,439 yuan on Friday morning before closing at 1,403.08 yuan by midday, surpassing Kweichow Moutai, which…