An employee comes out of the Baidu headquarters in Beijing. [Photo by Fan Jiashan/For China Daily] BEIJING – China’s tech giant Baidu and Contemporary Amperex Technology Co Ltd (CATL), a leading battery maker, recently signed a strategic cooperation agreement, Baidu announced in a statement to Xinhua on Friday. The partnership will focus on two core…
ZHENGZHOU – A new business headquarters building for Foxconn, the world’s leading electronics manufacturer, broke ground in Zhengzhou, the capital of Central China’s Henan province, on Thursday. This move marks a significant step forward for the Taiwanese company in advancing its new strategic industry layout in the mainland market. The new headquarters will span over…
The Italian Food Festival was launched in Maidelong membership stores, formerly known as Metro China, in Beijing on Friday, marking a collaboration between the Italian Trade Agency (ITA) and the retailer to boost the presence of Italian foodstuffs and agricultural products in China. Running through June 10, the festival will be held in three Maidelong…
Two Nanjing Customs officers inspect export-bound vehicles at a container yard of Taicang Port, Jiangsu province. [Photo provided to China Daily] With rising protectionism creating strong headwinds for the global economy, Chinese companies have been proactively strengthening economic and trade ties by engaging with global business communities, ensuring the smooth operation of international supply chains…
Sino Biopharmaceutical Limited announced on Thursday that it had signed an exclusive strategic cooperation agreement with Sciwind Biosciences, a biotech company researching innovative treatments based in Hangzhou, Zhejiang province. The deal will bring in a candidate drug of Sciwind Bioscience, which is expected to become China’s first Class-1 innovative drug for nebulized treatment of pediatric…
The skyline of Beijing. [Photo/VCG] GUANGZHOU – The American Chamber of Commerce in South China (AmCham South China) released on Wednesday its 2025 Special Report on the State of Business in South China, which highlighted that the world’s second-largest economy continues to be an attractive investment destination. This year’s report, the 21st in the series,…
Representatives from Kingdee group and Qatar pose for photographs during the launch ceremony of Kingdee’s Qatar headquarters on Tuesday. [Photo provided to CHINA DAILY] Kingdee, a Chinese software as a service (SaaS) company serving over 7.4 million customers worldwide, has opened a regional headquarters in Qatar, intending to widen its footprint in the Middle East…
Consumers gather at a Mixue Bingcheng store in Shenzhen, Guangdong province. CHINA DAILY ZHENGZHOU – Chinese beverage company Mixue Bingcheng’s public offering subscription phase concluded on Wednesday, with the financing amount setting a new record for IPOs on the Hong Kong stock market. In its current IPO, Mixue Bingcheng, headquartered in Zhengzhou, capital city of…
Shanghai Electric Wind Power Group Co Ltd, the wind power arm of Shanghai Electric Group Co Ltd, bagged overseas orders of wind turbine equipment with a combined capacity of 1 GW last year, thanks to its enhanced capability under the going global strategy. “Facing the fierce competition, going global with capability enhancement becomes effective solution…
Rani Jarkas, chairman of Cedrus Group. Swiss biotechnology companies are stepping up expansion and investments in China, eyeing its huge market potential and improved policies to accommodate foreign capital, said executives and industry mavens. Bettina Ernst, a board member of Switzerland-based Versameb, said the pharmaceutical company is enthusiastic about collaboration opportunities in China, aimed at…