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US pharma company expands partnerships in China

As China accelerates the development of new quality productive forces and advances high-level opening-up, the country continues to create a favorable environment for innovation and international cooperation. In an exclusive interview with China Daily on the sidelines of the China Development Forum 2026, Jérôme Bouyer, senior vice-president of US pharmaceutical company AbbVie and president of…

MNCs leveraging China’s development trajectory

From left to right: Cui Jingyi, vice-president of Aveva and head of Aveva China; Zhang Ying, managing director of Dassault Systemes Greater China; Zhao Yongzhan, executive VP of Hitachi Energy, region head of Hitachi Energy Greater China; Camilla Dewoon, executive vice-president of Scania Group, head of Scania Group China Editor’s Note: As China launches its 15th Five-Year Plan (2026-30),…

MNC execs bullish on Beijing’s prospects

Executives of multinational corporations struck a bullish note late on Sunday at the China Development Forum 2026’s Beijing Night, expressing renewed confidence in investing in the Chinese capital following a keynote speech by Beijing’s top official. In his speech, Yin Li, Party secretary of Beijing, highlighted the city’s role as a global innovation hub, citing…

Xiaomi reports record 2025 revenue as EV business surpasses 100b yuan

Lei Jun, chairman CEO of Xiaomi, unveils its new-generation SU7 electric vehicle, in Beijing last week. [Photo provided to chinadaily.com.cn] Xiaomi Corp announced on Tuesday that it delivered its strongest annual performance to date in 2025, with total revenue reaching 457.3 billion yuan ($66.4 billion), a 25 percent year-on-year increase. Adjusted net profit rose 43.8…

Merck China President: China is not just a vast market, but also a production and innovation base for multinational companies

Merck China President Rogier Janssens told China Daily at the China Development Forum that Merck regards China not only as a market, but also as a hub for production and innovation. Merck relies on Chinese talent to drive innovation, enhance supply chain efficiency, optimize production layouts, and explore markets. Tanks to chinadaily.com.cn Please visit: Our…

Nestle bullish on prospects in China

Nestle is committed to long-term investment in China, said the CEO of the Swiss food and beverage giant, Philipp Navratil, highlighting the country’s agile consumer market and the opportunities it offers in technology, sustainability and local brand development. “We are optimistic about being here in China and to keep growing alongside China,” Navratil said at…

EVP at Mastercard: China is the key market

Pratik Khowala, executive vice-president and global head of transfer solutions at Mastercard, told China Daily in an exclusive interview that China is the key market for the company and the opportunity in the nation is huge. He said he is always fascinated by how seamless payments have become every time he visits China and feels…

EVP at Mastercard: China is the key market

Pratik Khowala, executive vice-president and global head of transfer solutions at Mastercard, told China Daily in an exclusive interview that China is the key market for the company and the opportunity in the nation is huge. He said he is always fascinated by how seamless payments have become every time he visits China and feels…

EVP at Mastercard: China is the key market

Pratik Khowala, executive vice-president and global head of transfer solutions at Mastercard, told China Daily in an exclusive interview that China is the key market for the company and the opportunity in the nation is huge. He said he is always fascinated by how seamless payments have become every time he visits China and feels…

EVP at Mastercard: China is the key market

Pratik Khowala, executive vice-president and global head of transfer solutions at Mastercard, told China Daily in an exclusive interview that China is the key market for the company and the opportunity in the nation is huge. He said he is always fascinated by how seamless payments have become every time he visits China and feels…