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Chinese firms seek collaborative expansion for global success

The Overseas Investment Fair 2026 opens in Shanghai on Thursday. [Photo provided to chinadaily.com.cn] Shanghai enterprises are embracing collaborative strategies for global expansion amid complex international markets, according to business leaders participating in the Overseas Investment Fair (OIF) 2026. “We’re no longer in an era of solo expeditions for Chinese companies going global,” said Chen…

Sany sees opportunity in global shifts and tech advances

Global shifts and fast-evolving technologies are opening up new opportunities for industrial companies, a business executive said. Xiang Wenbo, rotating chairman of Sany Group, said on the sidelines of the China Development Forum 2026 that the company sees global changes as an opportunity for growth rather than a source of risk. “We want to be…

Mobile tech company announces Pop Mart partnership

Mobile technology company Segway-Ninebot has announced a brand partnership with Pop Mart’s popular IP “Sweet Bean”, with the companies planning to launch their first co-branded electric scooter product next month. The collaboration will focus on younger consumers, aiming to transform electric scooters from purely functional mobility tools into personalized “display spaces” that reflect individual identity,…

Gap to open 50 new China stores in 2026

Gap Inc plans to open about 50 new stores in the Chinese market this year, as its local operator, Baozun Inc, accelerates expansion to sustain double-digit growth in the world’s second-largest apparel market. The new outlets will be rolled out through a hybrid model combining directly operated and partner stores, in line with Baozun’s asset-light…

Yantai yields green battery hub as Wanhua powers up

The Wanhua Haiyang Green Power Industrial Park in Yantai holds a ceremony on March 28 for the start of operations of its Phase I project and the groundbreaking of Phase II. [Photo provided to chinadaily.com.cn] The Wanhua Haiyang Green Power Industrial Park in Yantai, East China’s Shandong province, held a ceremony on March 28 marking…

BASF opens sustainable Zhanjiang site

Chemical giant BASF on Thursday celebrated the official inauguration of its newly built, world-scale Verbund site in Zhanjiang of Guangdong province. [Photo/VCG] Chemical giant BASF on Thursday celebrated the official inauguration of its newly built, world-scale Verbund site in Zhanjiang, a coastal city in Guangdong province, demonstrating its confidence in China’s economic prospects. The development…

UBR offers a sip of Tang Dynasty’s poetic culture

Imagine sitting down for lunch when a boisterous figure in flowing robes raises a cup to toast you. It is Li Bai, China’s “rock-star” poet from the Tang Dynasty (618-907), but he isn’t on a movie screen or in a textbook — he is standing right next to your table, reciting verses with the fervor…

China’s offshore oil company reports record production levels

The China National Offshore Oil Company (CNOOC) has reported strong financial and operational results for 2025, setting new records in both oil and gas production and reserves. Despite fluctuating international oil prices, the company’s net production reached 777.3 million barrels of oil equivalent (BOE) in 2025, up 7 percent year-on-year, while its oil and gas…

PepsiCo chief sees potential of China’s new Five-Year Plan

PepsiCo Inc chairman and chief executive officer Ramon Laguarta speaking on the sidelines of the 2026 China Development Forum in Beijing. [Photo provided to chinadaily.com.cn] PepsiCo Inc sees China’s latest Five-Year Plan as a key framework for deepening its presence in one of its most important growth markets, chairman and chief executive officer Ramon Laguarta…

Local brand HPLY kicks off Shanghai fashion week

Shanghai fashion brand HPLY inaugurated the Autumn/Winter 2026 Shanghai Fashion Week on Wednesday at Xintiandi. [Photo provided] HPLY, a local urban women’s wear brand, opened the Autumn/Winter 2026 Shanghai Fashion Week on Wednesday, emphasizing lace as the centerpiece of its signature designs. HPLY presents lace as representing the strength and softness of modern women through…