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ZTE, Huawei participate in Peru 5G rollout

Peru is tapping potential of Chinese companies to continue building out the country’s 5G infrastructure. In the latest move, Peruvian operator Bitel partnered with Chinese tech giant ZTE in a $150 million investment to deploy 1,000 5G antennas across the country. As part of the deal, ZTE — which is headquartered in Shenzhen in the…

Volvo Group executive: China offers unique space for AI innovation

The world has been wowed by the meteoric rise of Chinese AI app DeepSeek. Why can China come up with amazing AI innovation? Ma Jun, senior vice-president of Volvo Group and president of Volvo China Investment Co Ltd, said: “With its vast market and diverse application scenarios, China provides a unique space for AI innovation.…

Budweiser’s renewal bottle boosts Chinese New Year spirit

This Chinese New Year, Budweiser’s newly launched limited-edition “Renewal Bottle” did more than just sell beer — it ignited joy, revitalized local economies, and instilled hope into people’s hearts during China’s most important holiday season. Tapping into the cultural pulse: A ritual for renewal The company’s “Renewal Bottle” has succeeded in transforming the simple act…

Foreign firm execs keen on China’s AI boom

From left to right: Janice Hu, China country head, UBS AG; chairperson of UBS Securities Co Ltd; chair of Global Banking China, UBS; Anu Rathninde, president of Johnson Controls Asia-Pacific; Xie Xue, CEO of Vale China; George Xu, Airbus executive vice-president and Airbus China CEO. [Photo provided to chinadaily.com.cn] Editor’s Note: This year marks a critical milestone as China…

Legal support key for China’s private economy

“Private enterprises have made a significant contribution,” said Liu Yonghao, a national political advisor and chairman of New Hope Group, underscoring the need for equal treatment and legal safeguards to further empower private firms. He believed that the new legislation will further promote the development of the private sector. Tanks to chinadaily.com.cn Please visit: Our…

Jinjiang a role model in industrial transformation

By CAO DESHENG and HU MEIDONG in Fuzhou | China Daily | Updated: 2025-03-07 09:42 Visitors check out sportswear at an innovation exhibition facility of Anta in Jinjiang, Fujian province. WEI PEIQUAN/XINHUA Ding Shizhong, a member of the Standing Committee of the National Committee of the Chinese People’s Political Consultative Conference, has emphasized the importance of…

Global firms foresee fairer biz environment

From left to right: Ma Jun, senior vice-president of Volvo Group, and president of Volvo (China) Investment Co Ltd;  Yu Yongjian, TotalEnergies China country chair; Ian Shih, president of Rockwell Automation China; Hideki Ozawa, executive vice-president of Canon, and president & CEO of Canon China. [Photo provided to chinadaily.com.cn] Editor’s Note: This year marks a critical milestone as…

Cochlear executive: Excited about opportunities in China

“We are very excited about the opportunities in China. The policies that we see being implemented continue to encourage companies like us to invest and grow here, that’s something we are very keen to do,” Stu Sayers, president of Asia-Pacific and Latin America, Cochlear Ltd, an Australian company focusing on implantable hearing solutions, said in…

Haier to sharpen focus on tech innovation, new quality productive forces

Chinese home appliance manufacturer Haier Group will strive for technological innovation and bolster the development of new quality productive forces while contributing to the building of China’s strength in manufacturing, said Zhou Yunjie, chairman and CEO of the company. Zhou, who is a deputy to the 14th National People’s Congress, China’s top legislature, said Haier…