Shoppers browse products at Wumart’s renovated store in Beijing on Friday. WANG HAIXIN/FOR CHINA DAILY Wumart Group, a leading retailer based in Beijing, has begun introducing the first assortment of products sourced from exporting enterprises in its retail channel as part of a larger effort by retailers across the country to reduce inventory pressure on…
Marco Polo International Italy (MPI), a subsidiary of China’s Sinochem Holdings Corp Ltd, issued a statement expressing its deep disappointment and strong opposition regarding an assessment by Italian tire maker Pirelli’s board of directors concerning the company’s control structure. Pirelli’s board announced on Monday that it no longer has a controlling shareholder. MPI, however, contends…
The world’s first ‘Beijing gifts’ coffee concept store was unveiled on Tuesday. [ZHANG WEI/CHINA DAILY] Beijing is accelerating its transformation into a global consumption center by creating a globally attractive retail environment, with the city launching the world’s first “Beijing gifts” coffee concept store on Tuesday, as part of China’s latest moves to spur domestic…
Chen Zhongyue, chairman of China Unicom, delivers a speech at the 8th Digital China Summit in Fuzhou, Fujian province, on Tuesday. [Photo provided to chinadaily.com.cn] China Unicom will step up push to deepen digital-intelligence integration and innovation to empower Digital China construction, said its chairman at the 8th Digital China Summit in Fuzhou, Fujian province,…
K Coffee celebrated the opening of its 1,000th store in Beijing on Tuesday, in collaboration with China Daily, marking a major milestone achieved in less than two years of rapid expansion amid the promising growth of China’s coffee economy. The brand’s success has been driven by a strong focus on coffee localization, sustainable supply chain…
Workers from the Chinese battery maker Gotion High-tech work on a production line to make batteries for new energy vehicles, in Hefei, Anhui province, on Feb 8, 2025. [Photo/Xinhua] Chinese battery maker Gotion High-tech reported a record overseas revenue of 11 billion yuan ($1.38 billion) in 2024, up 71.2 percent year-on-year, as it expanded aggressively…
GUANGZHOU – Before an audience of gamers from across the globe, Chinese game heavyweight TiMi Studio Group kicked off a charm offensive to pitch its open-world role-playing game (RPG), Honor of Kings: World, at the Game Developers Conference held in San Francisco last month. Accompanied by groovy Chinese rap songs, attendees witnessed the game’s debut,…
On Sunday, Wumart Group, introduced its first batch of products sourced from exporting enterprises at its Xueqing Road store in Beijing. [Photo provided to chinadaily.com.cn] On Sunday, Wumart Group, a major retailer based in Beijing, introduced its first batch of products sourced from exporting enterprises at its Xueqing Road store in Beijing. This initiative aims to…
A worker erects a box girder at the construction site of a mega bridge in the Hebei section of the Xiong’an-Shangqiu high-speed railway in North China’s Hebei province, April 27, 2025. [Photo/Xinhua] Girder erection work in the Hebei section of Xiong’an-Shangqiu high-speed railway was fully completed on Sunday as the last box girder was erected…
Visitors check out medical services supported by AI during an expo in Shanghai.[Photo/China Daily] Chinese companies will accelerate the adoption and popularization of artificial intelligence technology to boost operational efficiency and reinvent their businesses, as a new era of digitization is unfolding — one in which AI continuously drives new levels of autonomy across organizations…