Clothing brand Gap plans to open about 50 new stores in China this year, as its local operator Baozun Inc accelerates expansion to sustain double-digit growth in the world’s second-largest apparel market. The new outlets will be rolled out through a hybrid model combining directly operated and partner stores, in line with Baozun’s asset-light strategy,…
PepsiCo’s potato farm in Zhanjiang, Guangdong province. [Photo by Qiu Quanlin/chinadaily.com.cn] A senior executive with PepsiCo Foods China said the country’s consumer landscape, combined with its large population and market scale, presents distinctive opportunities for international brands. Evrim Sen, senior vice-president and general manager of PepsiCo Foods China, made the comments during a Lay’s farm…
Yang Yuanqing, chairman and CEO of Lenovo speaks at company’s 2026 to 2027 fiscal year kickoff event. [Photo provided to chinadaily.com.cn] Lenovo said it will fully advance the implementation of its hybrid artificial intelligence strategy and march toward $100 billion in annual revenue in the next two years, as the global technology giant embarks on…
Artificial intelligence is creating new momentum for industrial upgrading and digital content production, a business executive said. Speaking recently at the 2026 ASEAN Innovation Cooperation and Development Forum in Beijing, Zhang Wei, CEO of Star AI, said fast-evolving AIGC technologies are reshaping the global content industry and opening up new opportunities for scaled, industrialized and…
An image captures offshore drilling platforms in operation in the Bohai Sea in February. DU PENGHUI/XINHUA As global geopolitical instability intensifies and risks to critical energy shipping lanes escalate, China’s major national oil companies are implementing a multipronged strategy to safeguard the nation’s energy security. China National Petroleum Corp, the country’s largest oil and gas…
ManageEngine, the enterprise IT management division of Singapore-based IT management solutions provider Zoho Corp, is ramping up investment in China as it bets on the country’s vast market potential, rapid technological advancement and improving business environment to drive its next growth phase, said its senior executives. Serving more than 90,000 organizations across over 190 countries,…
From left to right: Yin Zheng, executive vice-president, China and East Asia operations, Schneider Electric; Zhang Wenjie, Citi country officer and banking head for China, president of Citibank (China); Lin Chunmei, president and general manager of Corning Greater China; Alan Li, president of CBRE China Editor’s Note: As China launches its 15th Five-Year Plan (2026-30), policymakers are strengthening coordination…
The quadruped combat robots. PROVIDED TO CHINA DAILY China North Industries Group Corp, the country’s biggest land armaments maker, has developed a series of quadruped combat robots — dubbed “robotic wolves” by engineers — that it is now promoting on the international market. “We can offer buyers three models of robotic wolves — Yuxue, the…
Tencent has introduced new rules for financial content creators on its short-video platform WeChat Channels, tightening oversight of investment-related posts as regulators and platforms move to rein in risks to users. The financial industry convention, released by WeChat Channels and effective on Wednesday, sets out rules aimed at fostering what the platform described as a…
Syneron Bio, a leader in intelligent platform-driven macrocyclic peptide drug discovery, announced the successful closing of its Series B financing on Tuesday. The round was led by an international life-science fund, with co-lead participation from Decheng Capital, and CDH VGC. Additional investors included a wholly owned subsidiary of the Abu Dhabi Investment Authority, True Light…