[Photo/VCG] Chinese video-sharing platform Douyin, which is owned by tech behemoth ByteDance, will build a tertiary hospital in Chaoyang district, Beijing, as part of its broader push to march into the healthcare sector. The company’s proposal has been approved by the Beijing Municipal Health Commission. The hospital will be located at Zhongguancun Chaoyang Park, and is…
An aerial view of a wind farm in Liuzhou, Guangxi Zhuang autonomous region. [Photo by Tan Kaixing/For China Daily] China Southern Power Grid, one of the country’s two major power grids, said its total electricity consumption across the five southern provinces of China exceeded 1.7 trillion kilowatt-hours (kWh) in 2024, marking a 7.5 percent year-on-year…
Shoppers visit Tianjin’s Florentia Village. [Photo/Xinhua] Florentia Village, a luxury outlet operator based in Italy, is enhancing its footprint in China through strategic partnerships, digital transformation and physical expansion, according to Jacopo De Vena, managing director of Florentia Village and RDM Asia. The company recently signed a three-year collaboration agreement with Sichuan Fine Arts Institute…
This year, Guvet, a domestic down jacket brand, expands its retail presence by opening pop-up boutique stores in Beijing and Shenyang, Liaoning province, to improve consumer engagement. [Photo provided to chinadaily.com.cn] Guvet, a high-end outdoor and down jacket domestic brand, is advancing its market position through product innovation, targeted consumer engagement and global expansion. Recently,…
Ernesto Torres Cantu, head of International at Citi. [Photo provided to chinadaily.com.cn] China’s economic growth is poised to outshine the global average this year, underpinned by the dynamism of its innovation-driven private sector and the rapid expansion of future-oriented industries, a senior executive said. “The private sector in China is truly remarkable, with business leaders…
West Air’s first Airbus A319neo aircraft with DPOS arrives at Chongqing Jiangbei International Airport on Thursday. The aircraft will shoulder flights bound for destinations in Yunnan province. LUO BIN/FOR CHINA DAILY An Airbus A319neo aircraft equipped with a decentralized pulse oxygen system (DPOS) arrived at Chongqing Jiangbei International Airport from Hamburg, Germany on Thursday, to support…
[Photo/VCG] In 2024, beverage producer Wahaha Group paid 2.4 billion yuan in salaries to its frontline workers, a 20 percent year-on-year increase, according to a report by The Paper on Thursday. This represents an additional 400 million yuan compared to the previous year. The average salary for production workers rose by 23 percent, while frontline…
The booth of Standard Chartered during an expo in Shanghai. [HU XUEBAI/FOR CHINA DAILY] Positioning itself as a super connector between China and the world’s most dynamic markets, UK-based banking group Standard Chartered is committed to supporting China’s high-quality development by introducing multinational corporations to the country and assisting Chinese enterprises in exploring overseas business…
A visitor checks out Siemens Healthineers medical equipment during the seventh China International Import Expo in Shanghai in November. [Photo/China Daily] Siemens Healthineers broke ground on a new research, development and manufacturing base in Shenzhen, Guangdong province, on Thursday, with an investment exceeding 1 billion yuan ($136.66 million). Operations at the site, which cover a…
ACWA Power, a Riyadh, Saudi Arabia-based energy and water desalination giant, is set to expand its presence in China’s burgeoning renewable energy market by securing investment agreements for over 1 gigawatt of renewable energy projects across multiple provinces. As a formal entry into China’s renewable energy market, the company has partnered with two of China’s…