Swiss Re continues to see China as an attractive investment destination, as the country is still on track of robust economic growth by global standards despite rising external uncertainties, said Jerome Jean Haegeli, group chief economist of the international reinsurance provider. “We remain committed to being here (in China) for the long term, and we…
Visitors gather at DHL’s booth during the seventh China International Import Expo in Shanghai in November. HU XUEBAI/FOR CHINA DAILY China’s push to strengthen foreign trade through new policies presents fresh opportunities for logistics firms like DHL to expand, with the company reaffirming its long-term commitment to the market, said DHL Group CEO Tobias Meyer.…
XCA4000, the world’s largest wheeled crane by lifting capacity that is manufactured by XCMG. [Photo/Xinhua] When I first met Li Ge, an engineer at Xuzhou Construction Machinery Group, he was deeply engrossed in work. A staff member who brought me in asked if an interview could be arranged, but Li was hesitant at first, citing…
Starbucks China has clarified the introduction of new operational guidelines, which require a purchase for its store visits, is specific to the North American market. “In China, we are focused on serving high-quality coffee, and continuously reinvigorating the ‘third-place’, to deliver a unique Starbucks experience to our customers while enhancing human connections,” the company said…
A COMAC C919 performs at an airshow in Singapore, on Feb 20, 2024. [Photo/Xinhua] The Shanghai-based Commercial Aircraft Corporation of China Ltd (COMAC) intends to invest 10 billion yuan ($1.36 billion) annually in research and development in Shanghai in the upcoming three years, along with another 10 billion yuan annually in fixed asset investments in…
The energy industry is experiencing a surge in digital and intelligent transformation driven by technological advancements. CHINT Group, a company based in Zhejiang province, is contributing to this transformation by utilizing its green and low-carbon sector expertise to enhance productivity within the energy industry. According to Nan Cunhui, chairman of CHINT Group, the company’s “methodology”…
The World Economic Forum unveiled its latest list of “Global Lighthouse Network” recently, with CITIC Dicastal Morocco making the cut. It’s also the first Lighthouse factory in Africa. This recognition is an important breakthrough for CITIC Dicastal in promoting global intelligent manufacturing and digital transformation, and it brings new opportunities for industrial development in Africa.…
The State Grid Shanghai Electric Power Company reported a record 6.68 billion kilowatt-hour in green power trading for 2025, a new historical high, as government efforts to expand the sector intensify, the company said on Friday. Among them, the inter-provincial green power trading volume reached 6.07 billion kWh, while the intra-city green power trading volume…
Contestants operate robotic vehicles during the 2024 World Robot Contest Finals in Zhengzhou, Henan province, on Jan 16, 2025. [Photo/Xinhua] The 2024 World Robot Contest Finals kicked off on Thursday in Zhengzhou, Henan province. The event consists of two major competitions, Brain-Computer Interface or BCI Brain-controlled Robot Competition and Youth Robot Design Competition. Running from…
Chinese social media platforms should improve localized operations and optimize content and services to cater to the diversified needs of potential users in overseas markets, while complying with local laws and regulations, industry experts said. Their comments came as United States users of TikTok, an overseas social media platform owned by Chinese tech company ByteDance,…