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Sinopec, CATL partner to build nationwide battery-swap stations

China Petroleum and Chemical Corp (Sinopec) and Contemporary Amperex Technology Co Ltd (CATL), a leading battery maker, have signed a framework agreement on Wednesday for industrial and capital cooperation in Beijing, planning to build no fewer than 500 battery swap stations nationwide, with the future goal of jointly constructing 10,000 such stations. The initiative aims…

Hengrui Pharma makes new breakthrough in lung cancer treatment

Chinese and international oncologists witness the release of a breakthrough finding by a Chinese pharma company during the European Lung Cancer Congress 2025, held in France between March 26 and 29. [Photo provided to chinadaily.com.cn] A key lung cancer congress held in Europe disclosed that a new breakthrough has been made by Hengrui Pharmaceuticals, a…

Shanghai Legoland Resort unveils tiered pricing ahead of summer launch

The rendering of Legoland Shanghai Resort. [Photo provided to chinadaily.com.cn] The Shanghai Legoland Resort officially announced its pricing system with six tiers for admission tickets on Wednesday ahead of its opening this summer. Adult tickets will range from 319 yuan ($43.8) during the low season to 599 yuan on special peak days, while children’s tickets…

Fabarta CEO: Enhancing productivity key role of AI

A humanoid robot shakes hands with a journalist at Zhongguancun International Innovation Center, venue for the 2025 Zhongguancun Forum (ZGC Forum) Annual Conference, in Beijing, capital of China, March 27, 2025. [Photo/Xinhua] Artificial intelligence can reshape every industry in China, but only if it enhances productivity, said Gao Xuefeng, founder and CEO of Chinese tech…

China’s time-honored brands rewrite recipes for success

CHENGDU – Is fermented tofu always salty? Defying tradition, Wangzhihe, a 356-year-old Chinese heritage brand, has introduced a pineapple-infused version of its iconic furu (fermented bean curd). This new take on a classic dish offers a creamy, subtly sweet twist, which is designed to captivate younger palates. This bold reinvention was among the innovations showcased…

Nation attractive market for L’Oreal

Consumers try out L’Oreal cosmetics during the seventh China International Import Expo in Shanghai in November. CHEN HAOMING/XINHUA L’Oreal, the world’s largest beauty company by revenue, said it remains deeply committed to the Chinese market, one of its most strategic growth drivers, fueled by the country’s dynamic consumer landscape, rapid technological advancements and growing middle-income consumers.…

China Life to boost equity investments

A pedestrian walks past a China Life Insurance Co Ltd sign in Huai’an city, East China’s Jiangsu province. [Photo provided to chinadaily.com.cn] China Life Insurance Co, one of the country’s biggest insurers, will increase its allocation to equity investments this year, due to its confidence in the Chinese economy’s high-quality growth prospects, said a senior…

L’Oreal hosts first campus music gala in China

L’Oreal China held its inaugural campus music gala on Friday at Fudan University in Shanghai. [Photo provided to chinadaily.com.cn] L’Oreal China held its inaugural campus music gala on Friday at Fudan University in Shanghai, one of China’s most prestigious universities, marking a celebration of beauty, innovation, and youth empowerment. The event themed “Magnetism of Beauty”…

C-Land revolutionizes residential living in Beijing

Real estate developer C-Land has innovated its high-end product lines in recent years, achieving both good market performance and reputation through sustained efforts in upgrading residential spaces and lifestyles, especially with its Chen and Fu series. It has also broken through in terms of branding and marketing, ranking among the top 28 real estate enterprises…

China is open to innovation, says expert

“China’s innovation is characterized by one big thing, that is, we are open to innovation,” said Xu Xiujun, director of the International Political Economy Department of the Chinese Academy of Social Sciences’ Institute of World Economics and Politics, to China Daily Website at the Boao Forum for Asia 2025. He also pointed out that China’s…