China General Nuclear Power Group has marked a significant milestone in international energy cooperation with the establishment of the Lao Clean Energy Power Standard Research Institute. As the first research organization dedicated to clean energy standards founded by a Chinese enterprise overseas, the institute aims to bridge the development needs of both China and Laos…
Newsonic Electronics’ radio frequency front-end components used in Honor’s smartphone X6d. [Photo provided to chinadaily.com.cn] In a significant development for China’s semiconductor industry, a recent teardown of Honor’s latest overseas smartphone model, the X6d, has revealed that domestic company Newsonic Electronics is supplying a comprehensive suite of radio frequency front-end components for the device. This…
China’s initiatives, such as “Shopping in China” and “Export to China”, have reflected the country’s push to boost domestic consumption and expand market opportunities, drawing global companies seeking to align their strategies with the rising consumer demand and innovation potential. Joy Fan President and CEO, China The Estée Lauder Companies The Estée Lauder Companies highlighted the…
Consumers line up for collectible toys at a Pop Mart store in San Francisco on Dec 23. AIDIN VAZIRI/SAN FRANCISCO CHRONICLE/AP Pop Mart International Group, a Beijing-based collectible toy and entertainment brand behind the globally popular Labubu figures, is establishing its United States regional headquarters in California as it seeks to expand its North and…
Editor’s Note: As China launches its 15th Five-Year Plan (2026-30), policymakers are strengthening coordination between the “Export to China” and “Shopping in China” campaigns. The effort signals a clear commitment to expanding imports while promoting high-quality consumption. To explore what this means for global business, we invited executives from multinational corporations to share their perspectives…
BEIJING — China’s centrally-administered state-owned enterprises (SOEs) invested a total of 1.1 trillion yuan (about $159 billion) in Northwest China’s Xinjiang Uygur autonomous region during the 14th Five-Year Plan period (2021-25), official data showed Friday. Over the five years, central SOEs generated 6.2 trillion yuan in operating revenue in the region, according to a meeting…
China should further improve the structure of its research and development spending by raising the share devoted to basic research and encouraging broader participation from businesses, universities and society, said Pan Jiaofeng, president of the Institutes of Science and Development at the Chinese Academy of Sciences. He made the remarks during an exclusive interview with…
RortiX, a brand under Dreame focusing on aerial intelligence and the low-altitude economy, debuted its eVTOL prototype at the Appliance & Electronics World Expo (AWE) in Shanghai on Thursday. [Photo provided to chinadaily.com.cn] RortiX, a brand under Dreame which focuses on aerial intelligence and the low-altitude economy, debuted its eVTOL prototype at the Appliance &…
The Lego Group has reported double-digit growth in both revenue and operating profit for 2025. [Photo provided to chinadaily.com.cn] The Lego Group has reported double-digit growth in both revenue and operating profit for 2025, with a rebound performance in the Chinese market. According to the Danish toy manufacturer, revenue rose 12 percent to DKK 83.5…
With China accelerating industrial upgrading and green transformation under the 15th Five-Year Plan (2026-30), Swiss technology company ABB Group sees significant opportunities to deepen its presence in the Chinese market while supporting the country’s transition toward intelligent and low-carbon development, a senior executive said. According to the outline of the five-year plan, China will upgrade…