BASF opened its new Zhanjiang chemical complex on Thursday, marking the completion of an €8.7 billion ($10 billion) investment on Guangdong province’s southwestern coast. [Photo provided to chinadaily.com.cn] BASF opened its new Zhanjiang chemical complex on Thursday, marking the completion of an €8.7 billion ($10 billion) investment on Guangdong province’s southwestern coast. Covering an area…
A Pakistani couple engages in discussions with a traditional Chinese medicine company after the roundtable meeting. [Photo by Yan Dongjie/for chinadaily.com.cn] Nearly 300 representatives from the political, business, and academic sectors of more than 30 countries and regions gathered in Tianjin on Wednesday for in-depth discussions on topics including global value chains, innovation-driven development, artificial…
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Customers visit a Lululemon store in Shanghai on March 19. CHEN YUYU/FOR CHINA DAILY Global performance apparel company Lululemon Athletica Inc reported modest global growth for the fourth quarter and fiscal 2025, as strength in international markets — particularly China — helped offset slower momentum in North America. Fourth quarter net revenue rose 1 percent…
Visitors use VR headsets to explore Novartis’ medical offerings at the eighth China International Import Expo in Shanghai in November. CHINA DAILY Swiss pharmaceutical company Novartis will expand its research and development, manufacturing capacity and operations footprint in China with a planned investment of more than 3.3 billion yuan ($460 million), the company said. The…
As the integration of technological and industrial innovation is becoming central to China’s next stage of artificial intelligence development, enterprises are expected to play an even more essential role in driving breakthroughs, said industry experts and company executives during the Boao Forum for Asia Annual Conference 2026 in Hainan province. The comments came as China…
Daiichi Sankyo and AstraZeneca announce on Friday that their co-developed innovative medicine, Enhertu, has been approved for use in China as a neoadjuvant treatment for early-stage breast cancer. [Provided to chinadaily.com.cn] Japan’s Daiichi Sankyo and the United Kingdom’s AstraZeneca announced on Friday that their co-developed innovative medicine, Enhertu, has been approved for use in China…
Chinese smart technology brand MOVA has reached the top of global sales rankings in the fast-growing robotic lawn mower market, driven by advances in AI-powered perception and navigation technologies. MOVA, a maker of high-end smart equipment, ranked first worldwide in sales of LiDar-based robotic lawn mowers, according to an independent report by Frost & Sullivan.…
ANTA Sports Products Limited reported on Wednesday record annual revenue and profit for 2025, reinforcing its position as the largest sportswear company in the country. Revenue rose 13.3 percent from the previous year to 80.22 billion yuan ($11.63 billion), the company said. Operating profit increased 15 percent to 19.09 billion yuan, while operating margin edged…
Organon, a global healthcare company, said China’s efforts to improve population development and advance a more health-centered medical system are creating fresh opportunities for global healthcare companies on the sidelines of the China Development Forum 2026 in Beijing. The company said it sees strong potential in areas such as women’s health, fertility support and chronic…