The Yili Nutrition and Health Research Center and the White Paper on the Health and Nutritional Status of Chinese Adults 2.0 is launched in Boao, Hainan province, on March 26. [Photo provided to chinadaily.com.cn] China is experiencing a profound demographic shift as its population rapidly ages, prompting food giants and health experts to turn to…
Beverage giant PepsiCo said it is betting on China’s evolving consumer landscape and rapid adoption of advanced technologies to drive its next phase of growth, as the country promotes domestic consumption as a strategic priority. Chairman and CEO Ramon Laguarta said the US-based company’s long-term strategy aligns closely with the country’s 15th Five-Year Plan (2026-30),…
China serves not only as a rewarding market for multinational companies, but also increasingly as a reliable and vital production base and innovation hub amid the fast-evolving global economic landscape, a senior executive from Merck, one of the world’s leading research-intensive biopharmaceutical companies, told China Daily. “Speed does matter when talking about global supply chains…
[Photo provided to chinadaily.com.cn] Amap on Friday launched a data-driven tourism initiative alongside what it called the world’s first city-level “Flying Street View” in Macao, as the Chinese mapping giant deepens its push into AI-powered travel services. Backed by Macao’s tourism authority, the event — held at The Londoner Macao — included the signing of…
China’s 15th Five-Year Plan (2026–30) presents ample opportunities for multinational corporations, particularly as AkzoNobel’s business in China is highly aligned with the country’s development outlook, said a senior executive of the Dutch paints and coatings company. “The Chinese market is the most important for AkzoNobel and our largest single market globally. Our decision to establish…
The Overseas Investment Fair 2026 opens in Shanghai on Thursday. [Photo provided to chinadaily.com.cn] Shanghai enterprises are embracing collaborative strategies for global expansion amid complex international markets, according to business leaders participating in the Overseas Investment Fair (OIF) 2026. “We’re no longer in an era of solo expeditions for Chinese companies going global,” said Chen…
Global shifts and fast-evolving technologies are opening up new opportunities for industrial companies, a business executive said. Xiang Wenbo, rotating chairman of Sany Group, said on the sidelines of the China Development Forum 2026 that the company sees global changes as an opportunity for growth rather than a source of risk. “We want to be…
Mobile technology company Segway-Ninebot has announced a brand partnership with Pop Mart’s popular IP “Sweet Bean”, with the companies planning to launch their first co-branded electric scooter product next month. The collaboration will focus on younger consumers, aiming to transform electric scooters from purely functional mobility tools into personalized “display spaces” that reflect individual identity,…
Gap Inc plans to open about 50 new stores in the Chinese market 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…
The Wanhua Haiyang Green Power Industrial Park in Yantai holds a ceremony on March 28 for the start of operations of its Phase I project and the groundbreaking of Phase II. [Photo provided to chinadaily.com.cn] The Wanhua Haiyang Green Power Industrial Park in Yantai, East China’s Shandong province, held a ceremony on March 28 marking…