Diners wait for food at a Domino’s Pizza outlet in Yangzhou, Jiangsu province, in July. CHEN YANG/FOR CHINA DAILY US-based Domino’s Pizza Inc, the world’s largest pizza company in terms of revenue, said it plans to further expand its footprint in China by opening more than 600 stores through 2026 as the pizza chain works to…
With China creating more favorable conditions for multinational corporations to attract foreign investment, Mondelez International Inc, the United States snack food manufacturer, plans to seize more opportunities from the country’s consumption upgrade and innovation strength. “China is a land of opportunity for Mondelez, and I deeply cherish the bond we share with this market. If…
The skyline of Beijing. [Photo/VCG] BEIJING – Beijing saw the establishment of 2,012 new foreign-invested enterprises in 2024, marking a 16.4 percent year-on-year increase, according to the Beijing Municipal Commerce Bureau. This growth rate surpassed the national average by 6.5 percentage points, said Guo Wenjie, deputy director of the bureau. The capital city has implemented…
An image shows an offshore wind farm in Guangdong province. As of the third quarter of 2024, a total of 39.1 million kilowatts of offshore wind power capacity in China had been connected to the grid. ZHOU GUOQIANG/FOR CHINA DAILY ACWA Power, a Riyadh, Saudi Arabia-based energy and water desalination giant, is set to deepen its…
Visitors gather at the Zeiss booth during an expo in Shanghai on Thursday. [Photo provided to China Daily] Zeiss Vision will remain dedicated to its investment in China, one of the top priority markets for the German manufacturer of eyeglass lenses and ophthalmic instruments, a senior executive of the company said during an exclusive interview…
In a move aimed at reducing nationwide logistics costs and modernizing freight transportation, China State Railway Group, the national railway operator, has partnered with four major shipping companies to launch a streamlined “single-bill” service for containerized multimodal transport. The initiative, announced on Friday in Beijing, marks another step in China’s efforts to foster closer integration…
At Yongchuang Textile Co Ltd in Juancheng county, East China’s Shandong province, company manager Wu Congqiang is confident about the firm’s booming business this year. Inside the workshops, a new type of textile processing equipment was running rhythmically on Feb 24, with rolls of yarn and bundles of woven fabrics automatically coming offline. The roar…
[Photo provided to chinadaily.com.cn] China Petroleum and Chemical Corp has completed the first integrated solar energy and tea garden project in China’s Anhui province as it steps up rural revitalization and green energy development efforts. The “solar + tea garden” model, which combines photovoltaic solar panels with tea cultivation, is part of the company’s strategy…
Adora Magic City , China’s first domestically made large cruise ship, completes its first trial voyage on July 24, 2023. [Photo provided to chinadaily.com.cn] Adora Magic City, the nation’s first domestically built cruise ship, is scheduled to launch an eight-night summer special route from its home port of Shanghai and an 11-night summer route by…
Liu Yonghao (center, seated), chairman of New Hope Group and a national political advisor, said in Beijing on Feb 27 that the agricultural giant will continue bolstering international cooperation, especially in countries involved in the Belt and Road Initiative. [Photo provided to chinadaily.com.cn] New Hope Group, a Chinese agricultural conglomerate, will continue bolstering international cooperation,…