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Lenovo, Alat break ground on new manufacturing facility in Saudi capital

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RIYADH — China’s multinational technology company Lenovo and Saudi company Alat on Sunday broke ground on a new manufacturing base in the Saudi capital of Riyadh. According to a statement released by Lenovo, the factory will cover 200,000 square meters at the Special Integrated Logistics Zone near Riyadh’s international airport, and focus on the production…

Material tech company expands with innovation

Despite having fewer than 200 employees, Zhuzhou Times Huaxin New Material Technology Co Ltd has successfully entered the top tier of the global polyimide (PI) film industry thanks to its groundbreaking self-driving technology innovations. PI films are known for their exceptional chemical stability, insulating property, radiation and corrosion resistance, as well as high- and low-temperature…

Wahaha ups talent-care for edge in beverage biz

[Photo/VCG] In 2024, beverage producer Wahaha Group paid 2.4 billion yuan ($331.28 million) in salaries to frontline employees, a 20 percent year-on-year increase, according to a recent report by Chinese news outlet The Paper. This represents an increase of 400 million yuan compared to the previous year. The average salary for production workers rose by…

Mega metamorphic rock oilfield begins production in China

CNOOC Limited announced on Friday that the Bozhong 26-6 oilfield development project (phase I) has commenced production. Located in central Bohai Bay, with an average water depth of approximately 20 meters, the project, which is also the world’s largest metamorphic buried hill oilfield with cumulative proven oil and gas in-place of over 200 million cubic…

China’s Spring Festival holiday box office hits record high of 9.51 billion yuan

BEIJING – China’s film industry set a new record during the 2025 Spring Festival holiday, as the box office for the period from Jan 28 to Feb 4 reached a staggering 9.51 billion yuan ($1.33 billion), the China Film Administration announced Wednesday. The number of moviegoers also soared, with 187 million people attending theaters during…

Beauty firm Florasis eyes pretty profits in Japan

A visitor tries on Florasis cosmetics at a store in Tokyo on Jan 27. [Photo/China Daily] Huaxizi, also known as Florasis, a Chinese beauty brand with cultural and aesthetic attributes, has further accelerated its pace of going global by launching a new flagship store in Tokyo in late January, and it plans to continuously expand…

Sino-EU ties seen as key to global growth

A drone photo taken on Aug 9, 2024 shows a China-Europe freight train departing from Tongjiang North Railway Station in Northeast China’s Heilongjiang province. [Photo/Xinhua] Strengthening China-European Union economic cooperation has become crucial for worldwide economic growth, as the United States’ tariff hikes against its key trading partners have cast a shadow over the global…

Musk impressed by video of Wuxi’s Zen town

Renowned tech entrepreneur and CEO Elon Musk showed his appreciation on Jan 31 by liking a video on the X platform (formerly known as Twitter) that highlights the Nianhuawan Bay Scenic Area in Wuxi, located in East China’s Jiangsu province. The video showcases the breathtaking Nianhuawan Bay, including aerial drone and vibrant fireworks displays, creatively…

State-owned group powers BRI countries

China’s State-owned enterprises have made significant contributions to infrastructure development in countries and regions involved in the Belt and Road Initiative or BRI, greatly improving local living standards. One such enterprise is the Shandong Electrical Engineering and Equipment Group, a State-owned company under the China Electrical Equipment Group Co specializing in electrical equipment manufacturing and…

China Eastern Airlines launches service desks for 2025 Winter Games

China Eastern Airlines officially launched seven arrivals and departures service centers at airports in six major Chinese cities on Jan 27, in an effort to provide enhanced services to air travelers during the upcoming 2025 Harbin Asian Winter Games that is scheduled to kick off in Harbin, the capital of China’s northernmost Heilongjiang province on…