A farmer harvests celery at a plantation in Tonghai county, Yunnan province. CHINA DAILY Exports of organic vegetables have become an economic driver in Yunnan province, providing more opportunities for local vegetable retailers. Yunnan Mr. Yunling Agricultural Development Co Ltd has been exporting vegetable products to markets including Hong Kong and Macao special administrative regions and…
A China Post courier arranges packages at a community in Lhasa, Xizang autonomous region. [PALDEN NYIMA/CHINA DAILY] BEIJING – China Post ranked first among global postal operators by both revenue and profits in the 2024 Fortune Global 500 list, according to company sources on Wednesday. Liu Aili, chairman of China Post Group Corporation Limited, said…
A view of Bayer’s booth at an expo in Shanghai. [Photo/China Daily] Upbeat about China’s innovative pharmaceutical market, German life sciences company Bayer has said it will keep investing in China and looks forward to more collaborations with local partners. “China has become an increasingly important source of innovation in global life sciences. It is…
A visitor takes photos of LEGO brick artwork during the sixth China International Import Expo in November. ZHANG HENGWEI/CHINA NEWS SERVICE Lego Group remains optimistic about its long-term growth in the Chinese market, focusing on innovation and local relevance, said top official of the global building blocks maker. The company’s CEO Niels B.Christiansen made the…
The skyline of Beijing. [Photo/VCG] BERLIN – “German investments in China reached a new record in the first half of 2024, continuing the upward trend from 2023, when investment levels also set new benchmarks,” Hermann Simon, a prominent German economist known as the father of the “hidden champions” theory, told Xinhua in a recent interview.…
The final round of pitches for the Global AgriInno Challenge 2024 opened on Thursday, drawing attention from young agricultural technology entrepreneurs from across the globe engaged in innovation-driven agricultural solutions. Nine international teams and dozens of young entrepreneurs showcased their artificial intelligence-empowered solutions to address the challenging issues in the global agrifood systems transformation. After…
There is probably no doubt that FAW’s Hongqi, which means Red Flag, is the best-known indigenous Chinese vehicle brand. Unveiled in 1958, it was often seen chauffeuring State leaders at major events. For the wider public in China, however, a model called the 212 was the one they had a personal connection with. It was…
LEGO Group is confident in future growth in China. [Photo provided to chinadaily.com.cn] The LEGO Group, known for its brick sets, remains optimistic about its long-term growth in the Chinese market, focusing on innovation and local relevance. CEO Niels B. Christiansen reaffirmed the group’s commitment to continued investment in the market during a recent trip…
Mining company Ganfeng Lithium will further expand investments in Africa and deepen cooperation in the mining sector, a top executive said during a recent interview with China Daily. Currently, the company is advancing its Mboukoumassi potassic salt ore project, a major potash project under construction in Africa. The main ore type in the mine is…
A view of the booth of Unilever during an expo in Shanghai. CHINA DAILY Unilever Plc, a British consumer goods company, has announced that it will continue to strengthen research and development efforts of more high-end and green laundry products in China to meet growing demand of such products by Chinese consumers. Sales growth of…