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Domestic brands lauded for dynamism

This photo taken on May 10, 2026 shows the venue of the 2026 World Brand Moganshan Summit in Deqing, East China’s Zhejiang province. [Photo/Xinhua] BAKU — Chinese brands have evolved from being known mainly for affordability to becoming synonymous with technological innovation, creating unique value for global markets, an Azerbaijani economist has said. Vugar Bayramov,…

Hoosun launches high-energy solid-liquid hybrid batteries

China-based global platform enterprise Hoosun Technology Group has unveiled its high-energy solid-liquid hybrid batteries during an exhibition in Shenzhen, Guangdong province, showcasing its prowess in energy transformation with full chain technological innovation. China-based global platform enterprise Hoosun unveils its high-energy solid-liquid hybrid batteries at the 18th China International Battery Fair 2026, which opens on May…

New mall aims to meet evolving needs

A staff member cuts fresh fish for customers in the Ole Lifestyle supermarket at Westlake 66, the newly opened mixed-use complex in the bustling Wulin central business area in Hangzhou, Zhejiang province, during the mall’s opening on April 28. LIN YUNLONG/FOR CHINA DAILY Visitors entering Westlake 66, the newly opened mixed-use complex in the bustling…

Sinopec discovers China’s first ultra-deep shale gas field in Sichuan Basin

China Petroleum and Chemical Corp, or Sinopec, has announced the discovery of a proven geological reserve totaling 235.69 billion cubic meters at the Ziyang Dongfeng shale gas field in the Sichuan Basin, marking the birth of China’s first ultra-deep shale gas field of this scale. The breakthrough pushes the country’s shale gas exploration past the…

Newamstar: Chinese manufacturers offer more integrated solutions with global competitiveness

Participants visit the booth of Newamstar during the Interpack 2026, which concluded in Dusseldorf, Germany, on May 13. [Photo provided to chinadaily.com.cn] Tony Ho, chairman of global liquid product packaging equipment supplier Newamstar, said that Chinese packaging equipment manufacturers are accelerating their digital transformation and intelligent upgrading, evolving from single-equipment suppliers into system-integration solution providers…

Newamstar: Chinese manufacturers offer more integrated solutions with global competitiveness

Participants visit the booth of Newamstar during the Interpack 2026, which concluded in Dusseldorf, Germany, on May 13. [Photo provided to chinadaily.com.cn] Tony Ho, chairman of global liquid product packaging equipment supplier Newamstar, said that Chinese packaging equipment manufacturers are accelerating their digital transformation and intelligent upgrading, evolving from single-equipment suppliers into system-integration solution providers…

Private banks see shareholder adjustments

A view of the booth of WeBank during an expo in Shenzhen, Guangdong province. CHINA DAILY Adjustments to the shareholding structures of China’s private banks have become increasingly common. More private banks are introducing new shareholders with industrial backgrounds and financial strength. Some private lenders have also brought in State-owned capital to quickly replenish funds,…

Metis TechBio records HK’s largest healthcare IPO in ’26

China’s drug-delivery developer Metis TechBio Co Ltd listed on the Hong Kong Stock Exchange on May 13. [Photo/VCG] Chinese mainland’s artificial intelligence drug-delivery developer Metis TechBio Co Ltd raised more than HK $2.1 billion ($270 million) in its Hong Kong initial public offering on Wednesday, marking the largest healthcare listing in Hong Kong so far…

Ulaanqab’s new 1.2 million kW wind power project enters full-scale construction

Construction site of the Ulaanqab wind power base. [Photo/WeChat account of State Power Investment Corporation Limited’s Inner Mongolia Company] The second phase of the 1.2 million-kilowatt on-site consumption project of the 6 million-kW Ulaanqab wind power base began construction on May 10, marked by the first concrete pouring for the foundation of a booster substation.…

Haier begins construction of AI-powered factory in Thailand

A groundbreaking ceremony is held on May 12 to mark the start of construction of an artificial intelligence-powered central air conditioning manufacturing base in Rayong, Thailand. [Photo provided to chinadaily.com.cn] Chinese home appliance giant Haier broke ground on an artificial intelligence-powered central air conditioning manufacturing base in Rayong, Thailand on Tuesday, marking a major step…