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Canon envisions pretty picture in China market

A Canon flagship store is pictured in Shanghai, Dec 23, 2024. [Photo/VCG] Japanese tech behemoth Canon Inc is looking to further tap the immense potential of China’s consumer market, especially Generation Z shoppers, and deepen collaboration with local partners to adapt to the rapidly changing needs of Chinese consumers, said a senior company executive. China…

Hainan Expo offers platform for global brands, says Burberry China

Burberry handbags on display at a department store in Beijing. CHINA DAILY LONDON — The China International Consumer Products Expo (CICPE) in Hainan has consistently proved China’s determination towards openness and reflected its strong commitment to expanding its market and sharing opportunities with the world, the president of Burberry Greater China told Xinhua on Saturday.…

Hainan launches annual coffee promotional month

The 2025 Hainan Coffee Promotional Month is launched on April 12 in Chengmai county, Hainan province. [Photo provided to chinadaily.com.cn] Hainan province kicked off its annual coffee promotional month on Saturday, aiming to promote local brands, expand global supply chains, and foster new business models in the burgeoning sector. The month-long event, running through May…

LHG launches Ying’nFlo on Chinese mainland

Lo Ka-shui [Photo provided to China Daily] Great Eagle Group, which owns Langham Hospitality Group (LHG), is bullish on the business prospects in China and is ramping up efforts for growth with the planned debut of its Ying’nFlo hotel brand on the Chinese mainland, a senior executive of the company has said. “We are a…

JD to buy over $27b worth of goods from exporters to help them sell domestically

Chinese e-commerce giant JD said on Friday it will purchase 200 billion yuan ($27.3 billion) worth of goods from the country’s exporters over the next year to help them sell products domestically in response to a new round of the United States’ tariff hikes. JD said it will send professional procurement teams to export-oriented companies…

Yonghui doing its part to help tariff-hit firms

A Yonghui store that optimizes according to customer needs opens in the Daxing district of Beijing on March 28, 2025. [Photo/VCG] In response to new rounds of United States’ tariff hikes and ongoing global supply chain disruptions, Chinese retailer Yonghui Superstores launched a “green channel” initiative aimed at supporting domestic supply chain enterprises grappling with…

For Rolls-Royce, nation ‘key to driving biz growth’

A Rolls-Royce turbine is displayed during a media tour ahead of the opening of the Hannover Messe in Hanover, Germany, March 30, 2025. [Photo/Agencies] British industrial conglomerate Rolls-Royce said while geopolitical tensions present challenges, it remains steadfast in its commitment to the China market. China has been an important ecosystem for the company, and it…

Sinopec expands partnership with Saudi Aramco

A drill site of Sinopec’s Shengli Oilfield in Dongying, Shandong province. WANG GUOZHANG/FOR CHINA DAILY In a strategic move to boost capacity to meet the escalating global demand for high-quality petrochemicals, China Petroleum and Chemical Corp (Sinopec) and Saudi Aramco have signed a Venture Framework Agreement to develop a fully integrated petrochemical complex at their…

Yonghui unveils initiative to support domestic supply chain

In response to new rounds of United States’ tariffs and ongoing global supply chain disruptions, Chinese retailer Yonghui Superstores launched a “green channel” initiative aimed at supporting domestic supply chain enterprises grappling with stockpiles caused by export challenges. The initiative, unveiled on April 7, includes fast-track product placement within 15 days, targeted promotional support, and…

Sinopec, Aramco and Yasref sign agreement on a major petrochemical project

China Petroleum and Chemical Corp (Sinopec) signed a Venture Framework Agreement (VFA) with Aramco and Yanbu Aramco Sinopec Refining Company (Yasref) on Tuesday for a major petrochemical expansion at Yasref in Yanbuon in the west coast of Saudi Arabia. The agreement seeks to advance engineering studies for the development of a fully-integrated petrochemical complex at…