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BASF opens sustainable Zhanjiang site

Chemical giant BASF on Thursday celebrated the official inauguration of its newly built, world-scale Verbund site in Zhanjiang of Guangdong province. [Photo/VCG] Chemical giant BASF on Thursday celebrated the official inauguration of its newly built, world-scale Verbund site in Zhanjiang, a coastal city in Guangdong province, demonstrating its confidence in China’s economic prospects. The development…

UBR offers a sip of Tang Dynasty’s poetic culture

Imagine sitting down for lunch when a boisterous figure in flowing robes raises a cup to toast you. It is Li Bai, China’s “rock-star” poet from the Tang Dynasty (618-907), but he isn’t on a movie screen or in a textbook — he is standing right next to your table, reciting verses with the fervor…

China’s offshore oil company reports record production levels

The China National Offshore Oil Company (CNOOC) has reported strong financial and operational results for 2025, setting new records in both oil and gas production and reserves. Despite fluctuating international oil prices, the company’s net production reached 777.3 million barrels of oil equivalent (BOE) in 2025, up 7 percent year-on-year, while its oil and gas…

PepsiCo chief sees potential of China’s new Five-Year Plan

PepsiCo Inc chairman and chief executive officer Ramon Laguarta speaking on the sidelines of the 2026 China Development Forum in Beijing. [Photo provided to chinadaily.com.cn] PepsiCo Inc sees China’s latest Five-Year Plan as a key framework for deepening its presence in one of its most important growth markets, chairman and chief executive officer Ramon Laguarta…

Local brand HPLY kicks off Shanghai fashion week

Shanghai fashion brand HPLY inaugurated the Autumn/Winter 2026 Shanghai Fashion Week on Wednesday at Xintiandi. [Photo provided] HPLY, a local urban women’s wear brand, opened the Autumn/Winter 2026 Shanghai Fashion Week on Wednesday, emphasizing lace as the centerpiece of its signature designs. HPLY presents lace as representing the strength and softness of modern women through…

BASF opens $10 billion Zhanjiang chemical complex in Guangdong

BASF opened its new Zhanjiang chemical complex on Thursday, marking the completion of an €8.7 billion ($10 billion) investment on Guangdong province’s southwestern coast. [Photo provided to chinadaily.com.cn] BASF opened its new Zhanjiang chemical complex on Thursday, marking the completion of an €8.7 billion ($10 billion) investment on Guangdong province’s southwestern coast. Covering an area…

Business Leaders Roundtable draws 300 international representatives to Tianjin

A Pakistani couple engages in discussions with a traditional Chinese medicine company after the roundtable meeting. [Photo by Yan Dongjie/for chinadaily.com.cn] Nearly 300 representatives from the political, business, and academic sectors of more than 30 countries and regions gathered in Tianjin on Wednesday for in-depth discussions on topics including global value chains, innovation-driven development, artificial…

Key perspectives from Boao Forum for Asia Annual Conference 2026

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Lululemon grows on China market strength

Customers visit a Lululemon store in Shanghai on March 19. CHEN YUYU/FOR CHINA DAILY Global performance apparel company Lululemon Athletica Inc reported modest global growth for the fourth quarter and fiscal 2025, as strength in international markets — particularly China — helped offset slower momentum in North America. Fourth quarter net revenue rose 1 percent…

Novartis charts major expansion plan

Visitors use VR headsets to explore Novartis’ medical offerings at the eighth China International Import Expo in Shanghai in November. CHINA DAILY Swiss pharmaceutical company Novartis will expand its research and development, manufacturing capacity and operations footprint in China with a planned investment of more than 3.3 billion yuan ($460 million), the company said. The…