Shandong province has recorded the start of more than 1,000 construction projects and investments with a combined investment tag of 1 trillion yuan ($138.2 billion), signaling the benefits of efforts aimed at supporting innovative development by various enterprises and job creation. Among these initiatives, which kicked off in late February, there are 635 private investment…
From left to right: Karen Yin, president of AkzoNobel China; Zhou Tao, China region president of DSM-Firmenich; Chen Pu, chief Asia officer of Syensqo; Shen Kelei, executive VP, and president for China unit, Marelli. [Photo provided to chinadaily.com.cn] Editor’s Note: This year marks a critical milestone as China concludes its 14th Five-Year Plan. To help in…
Brazilian mining company Vale SA logo and trading symbol are displayed on a screen at the New York Stock Exchange (NYSE) in New York, US. [Photo/Agencies] Vale and HBIS Group signed a Memorandum of Understanding in Beijing on Thursday to deepen collaboration on decarbonization and jointly promote the green and low carbon development of the…
SHANGHAI — Tesla’s new Megafactory in East China’s Shanghai on Friday exported its first batch of Megapack energy-storage batteries, the company announced. It took the new Megafactory just over a month after its production launch to achieve its first export, with the batteries being transported from Shanghai Port to Australia. This export highlights Tesla’s further…
Sino Biopharmaceutical Limited, or Sino Biopharm, expects to have approximately five innovative products approved in China each year, bringing the total of its innovative products to at least 30 by 2027, the company announced at a conference on Thursday, where it released its 2024 annual results. Such continuous innovation efforts demonstrate the company’s commitment to…
A delegation of international business leaders and entrepreneurs tour Shanghai’s Yangpu district on March 18. [Photo by Zheng Zheng / chinadaily.com.cn] A delegation of international business leaders and entrepreneurs toured Shanghai’s Yangpu district on Tuesday, exploring business opportunities and gaining insights into the city’s development. Hosted by the Shanghai People’s Association for Friendship with Foreign…
Gaggenau, a German luxury kitchen appliance manufacturer owned by Munich-headquartered BSH Home Appliances Group, inaugurated a flagship store in Beijing on Tuesday, marking a notable step in expanding its presence in North China. After launching its first flagship store in China in Shanghai in 2022, the German company plans to open its third store in…
The global pharmaceutical company Teva announced a strategic partnership with Kerry Pharma, a subsidiary of the Kerry Logistics Network Ltd on March 11, further bolstering the pharmaceutical supply chain in the Guangdong-Hong Kong-Macao Greater Bay Area. The partnership will leverage a digital system to integrate and streamline operations and the efficient circulation of nearly 200…
Thanks to China’s scale and growth potential, UK-based consumer goods company Unilever Plc is working to make the country a top market for its haircare brand Nexxus in the years to come, said senior executives of the company. Unilever globally launched its Nexxus Promend high-end hair product collection in Shanghai on Feb 21, the latest…
Spring blossoms at Kobe Nunobiki Herb Gardens. KOBE NUNOBIKI HERB GARDENS Direct flights linking Japan’s Kobe and Chinese cities of Shanghai and Nanjing of Jiangsu province would be launched starting April, which are expected to serve air traveling requirements between the Japanese city and the Yangtze River Delta region, announced Shanghai-based airliner Juneyao Airlines on…