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Tencent unveils AI-powered social feature amid intense competition

Tencent Holdings Ltd’s chairman Pony Ma said on Monday that the company has launched a new artificial intelligence-driven social feature called “Yuanbao Pai” on its Yuanbao app, as China’s tech giants step up competition in generative AI. The announcement came a day after Tencent said it would kick off a Lunar New Year campaign on…

Apple unveils new Spring Festival short film

As China gets ready to celebrate the Spring Festival, its most important holiday for family reunion, the US tech company Apple Inc looks to better resonate with local people through a new short film created for the holiday. During a festive and introspective moment, Apple has officially released short film -“Glad I Met You.” Directed…

Former senior Walmart figure given Maidelong role

Maidelong China, formerly known as Metro China, has appointed Andrew Miles, the former vice-CEO of Walmart China and president of Sam’s Club China, as a strategic consultant. The Wumart Group, Maidelong China’s parent company, has declined to comment on the appointment. The move marks Miles’ return to the retail industry following his official retirement in…

Chinese tech brand Xiaomi launch smartphone line in Kenya

Chinese technology brand, Xiaomi, is accelerating its push into Africa’s fast-growing digital market — using Kenya as a strategic entry point to expand its Internet of Things (IoT) ecosystem — with the launch of the Redmi Note 15 series and a strengthened partnership with Safaricom, Kenya’s largest telecommunications operator. The Shenzhen-founded company says the new…

Manufacturing resilient despite lower PMI figure

China’s manufacturing sector displayed resilience in January, with production and high-tech industries remaining in expansion mode, even as overall factory activity slipped back into contraction zone amid seasonal factors, official data showed. Analysts said the figures indicated a stabilizing economy and renewed industrial momentum. Supply-side momentum was holding firm and innovation-driven segments were continuing to…

AstraZeneca to strengthen cooperation with China

This photo taken on Nov 7, 2025 shows the booth of AstraZeneca at the Medical Equipment and Healthcare Products Exhibition Area of the eighth China International Import Expo (CIIE) in East China’s Shanghai. [Photo/VCG] AstraZeneca’s decision to invest more than 100 billion yuan ($14.39 billion) in China by 2030 marks a new chapter for the…

China-UK opportunities in Hurun’s view

As the UK Prime Minister Keir Starmer continued his China visit in Shanghai, Rupert Hoogewerf, Chairman & Chief Research Officer of Hurun Report, told China Daily that he is excited to see British industry leaders travel with Starmer to visit China as they are able to witness China’s rapid developments on life science, consumer electronics…

Estee Lauder accelerates innovation in consumer experience scenarios

Estee Lauder’s French luxury skincare brand, Darphin Paris, unveils its first flagship store in Shanghai on Jan 28, 2026. [Photo provided to chinadaily.com.cn] The Estee Lauder Companies Inc’s French luxury skincare brand, Darphin Paris, has unveiled its first flagship store in Shanghai on Jan 28, featuring the world’s first structural restoration and firming center, as…

AstraZeneca announces $15b investment in China

The AstraZeneca area at the eighth CIIE in Shanghai, on Nov 9. [Photo/VCG] AstraZeneca announced on Thursday that it plans to invest more than 100 billion yuan ($15 billion) in China by 2030 to expand its pharmaceutical manufacturing and research and development footprint. The British drugmaker said it will leverage China’s scientific research strengths and advanced manufacturing…

Fazer brings iconic Finnish chocolate and premium oat products to China

Christoph Vitzthum and Ouyang Jiaqian are visiting Beijing this week as part of the prime minister of Finland’s business delegation, engaging with key stakeholders to strengthen trade partnerships in China. CHINA DAILY What does it take for a food experience company from northern Europe to win over consumers in China? For Fazer, the answer lies…