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Gen Z discovers Rizhao: Surprises in ‘City of Vitality’

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…

Merck launches innovation center in Shenzhen

Merck, a major science and technology company, started operations of a new innovation and collaboration center in Shenzhen, Guangdong province, on Monday. This center is dedicated to serving the Guangdong-Hong Kong-Macao Greater Bay Area by uniting efforts from government, industry and academia to foster technological breakthroughs on a global scale. “It’s not just an innovation…

NBA’s Curry, Li-Ning ink major deal

Chinese sportswear giant Li-Ning is turning to NBA superstar Stephen Curry to accelerate its global growth and strengthen its basketball and lifestyle segments. On Monday, the company announced a partnership with Curry and his Curry Brand, to develop basketball, golf and lifestyle products, and promote sports culture initiatives worldwide. Li-Ning plans to open Curry Brand…

Zhejiang aims to help realize biz dreams

If you have an idea to build something new, Zhejiang province may be one of the best places to turn it into reality. Nikk Mitchell, a 38-year-old Canadian entrepreneur, has lived in China for nearly two decades. After years of exploring opportunities across the country, he ultimately chose Hangzhou, the capital of Zhejiang province, as…

AI services expand in Macao’s payment, finance sectors

MACAU Pass, a Macao-based fintech platform, is expanding AI-powered digital payment services in Macao, with support from Ant Bank (Macao) and Alibaba ecosystem partners, as the city pushes ahead with smart-city development and economic diversification. The applications, showcased at the just-concluded BEYOND International Technology Innovation Expo 2026 in Macao, covered digital payments, smart finance, cloud…

Guangdong advances marine ranching with new cage systems

China’s push to build a modern “blue granary” is gaining fresh momentum in Guangdong province, where two advanced marine ranching cage systems have completed commissioning, underscoring the province’s efforts to expand deep-sea aquaculture and strengthen its marine economy. The systems, Ganghang 2001 and Ganghang 2002, are China’s first pair of hexagonal pile-supported, liftable truss cage…

Private companies eye larger role in strategic energy

China is stepping up efforts to integrate private capital into its strategic energy infrastructure, creating a robust ecosystem for innovation that will power the nation’s green transition and its booming digital economy. The National Energy Administration recently announced plans to better formulate investment guidelines for private enterprises in major energy projects, including hydropower and oil…

Chagee reaps sweet Q1 gains buoyed by overseas biz

Chagee Holdings Ltd reported higher first-quarter revenue as rapid growth in overseas markets and an expanding store network helped offset weakness in domestic sales momentum. The beverage chain operator said its revenue rose 4.7 percent to 3.55 billion yuan ($525 million) in the three months ended March 31, compared with 3.39 billion yuan a year…

General Mills to sell Haagen-Dazs shops in China to Ningji-led investor group

General Mills Inc said on Tuesday that it has entered into an agreement to sell its Haagen-Dazs ice cream shops on the Chinese mainland to an investor group that includes Ningji, a Chinese company operating one of the country’s fastest-growing premium tea brands with more than 3,000 quick-service retail outlets. Under the terms of the…

China’s smartphone makers adjust strategies to combat rising costs

Vivo unveils its latest S60 series smartphones. [Photo provided to chinadaily.com.cn] As global smartphone shipments are on pace for their worst since 2013, China’s mid-range market — the sales lifeline for domestic brands — is seeing its sharpest price realignment in years. According to the latest industry data, global smartphone shipments in 2026 are forecast to…