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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…

Merck exec: China’s policies reconfirm our confidence in the country

This year’s two sessions is a reconfirmation of the confidence that Merck has in China because the Chinese government has set the economic growth target at 5 percent, focusing more on innovation, especially on new quality productive forces, Marc Horn, EVP of Merck Group, and president of Merck China, told China Daily Website during an…

China is assuming leadership in technology, says Roland Berger executive

Humanoid robots work at a smart factory of electric car manufacturer Zeekr in Ningbo, Zhejiang province, on March 1. [Yu Changsheng/for China daily] BOAO, China – Propelled by domestic innovation, China is assuming technological leadership globally, transitioning beyond its role as the world’s factory, Denis Depoux, global managing director at Roland Berger, a Munich-based consultancy,…

Tech to drive China’s growth: head of Israeli Chamber of Commerce in China

“Technology and innovation will drive this economy to continue growing,” said Yuval Ben Sadeh, chairman of the Israel Chamber of Commerce in China, to China Daily Website at the 2025 Zhongguancun Forum Annual Conference on Thursday. He also said that China is still a good place and that he is seeing new companies coming into…

Standard Chartered pioneers ‘Global Chinese Services’ initiative

To highlight Standard Chartered Bank’s role in China’s modernization, the bank opens the “PIXEL HORIZONS 1858-2025:Standard Chartered Global Chinese CONTINUUM” in Shanghai on March 27, showcasing its 167-year history in China. [Photo provided to chinadaily.com.cn] Standard Chartered Bank, a bank with a 167-year history in China, has pioneered an initiative — “Global Chinese Services” —…

BlueFive Capital CEO praises Chinese tech innovations

At the Boao Forum for Asia Annual Conference 2025, Hazem Ben-Gacem, CEO of Abu Dhabi-based asset management company BlueFive Capital, expressed his admiration for Chinese tech innovations such as DeepSeek and vowed to increase investments in China. “When people can’t tell if we’re a Middle Eastern or Chinese investment firm, that’s when I’ll know we’ve…

German enterprises double down on China investment amid growing global uncertainties

Hermann Simon, a renowned German economist known as the father of the “Hidden Champions” theory, delivers a speech in Bozhou, East China’s Anhui province, March 25, 2025. [Photo/Xinhua] HEFEI – Rising tariffs from the United States are making it more challenging for German companies to export there, increasing the need for strengthening trade ties between…

Embarking on AI path with Chinese style

Guo Wei (second right), chairman of Digital China, and other panelists attend a seminar on global vision and enterprise innovation in the artificial intelligence era held at the University of Cambridge, United Kingdom, on March 13. CHINA DAILY China’s progress in artificial intelligence has jolted the tech world, with the meteoric rise of Chinese AI large…

Kingdee boosts global operations with AI power

Kingdee Chairman and CEO Robert Xu (center) celebrates with colleagues on March 17 in Hong Kong after the company’s fiscal year 2024 annual results announcement. CHINA DAILY For Ritar International Group headquartered in Shenzhen, Guangdong province, with a global workforce of over 6,500, managing staff members scattered across various geographies and locales can be a difficult…

Pop Mart eyes bigger footprint worldwide

Pop Mart International Group Ltd expects annual revenue to reach 20 billion yuan ($2.75 billion) in 2025, reflecting a 50 percent year-on-year rise, and anticipates growth in overseas markets to exceed 10 billion yuan as the company pushes to become a global cultural and consumer brand, its top executive said. The company said on Wednesday…