Christian Sewing, CEO at Deutsche Bank. [Photo provided to chinadaily.com.cn] Deutsche Bank remains optimistic about the long-term development of the Chinese economy and regards China as a key market in the Asia-Pacific region, Christian Sewing, CEO at Deutsche Bank, said following his visit to the region last week. “I spent the first couple of days…
Belgian brewing giant AB InBev is leveraging the ongoing FIFA World Cup this summer for growth expansion, with recent efforts in the Chinese market including rolling out a real-time retail framework in the country that extends beyond driving beer sales, featuring 15-minute delivery for fans watching at home or in bars, 1-liter shareable packs designed…
Chinese tech company Huawei Technologies Co plans to release its flagship Mate 90 series this September, featuring a next-generation Kirin chip built on the company’s newly established Tau Scaling Law. The chip, expected to be named Kirin 9050 Pro, is currently undergoing packaging and testing. Huawei first introduced the Tau Scaling Law in May, marking…
As Commercial Aircraft Corp of China (COMAC) seeks to deepen its global footprint, industry analysts say specialized aircraft could offer a more practical route into overseas markets than competing directly for commercial passenger aircraft orders. That strategy was on display from Thursday to Saturday, when the Chinese aircraft manufacturer made its debut at the 21st…
A view of Legoland Shanghai Resort. CHINA DAILY Legoland Shanghai Resort welcomed more than 2 million visitors in its inaugural year, ranking top in both first-year visitor numbers and guest satisfaction among Legoland resorts globally, said a senior official at its anniversary celebrations on Sunday. “Legoland Shanghai delivered a very strong first year,” said John…
The booth of SK Hynix during an expo in Shanghai. LONG WEI/FOR CHINA DAILY Chinese memory-chip-related stocks surged on Monday, led by Shenzhen Longsys Electronics Co Ltd, partly as investors reacted to the impending US listing of South Korean memory chip giant SK Hynix. Longsys jumped as much as 13 percent in early trading before…
At AgiBot’s Shanghai showroom, its robot lineup masters seven real productivity scenarios: factory loading and unloading, industrial transportation, logistics sorting, guided services, retail assistance, security patrols, and commercial cleaning. Out of the showroom and into real factories, the AgiBot Genie G2 is already performing precise quality inspection tasks on production lines at Longcheer Technology in…
Chinese education technology company Xueersi has unveiled a new artificial intelligence-powered tutoring system and a flagship line of learning tablets, betting that personalized AI instruction will become a key differentiator as competition intensifies in China’s education technology market. Xueersi introduced its new AI tutor, an upgraded English-learning platform and the T6 series of learning devices,…
Production lines at Sunny and Sandy (Hunan) Group’s factory in Changde, Hunan province, race to produce the latest batch of officially licensed 2026 FIFA World Cup mascot figurines. [Photo by Li Muyun/chinadaily.com.cn] As the 2026 FIFA World Cup gained momentum this week, production lines at a toy factory in Changde, Central China’s Hunan province, were…
Novo Nordisk, a Denmark-based international pharmaceutical company, is set to deepen its long-term commitment to China by accelerating innovative drug launches, expanding local research collaboration and strengthening its full value-chain presence, its senior executive said in a recent interview. Cai Yan, senior vice-president of Novo Nordisk and president of Novo Nordisk China. [Photo provided to chinadaily.com.cn]…