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…
Consumers place orders at a Starbucks store in Beijing. CHINA DAILY Starbucks China delivered solid results for the first quarter of fiscal year 2026, reporting 7 percent growth in comparable store sales and an 11 percent year-on-year increase in total revenue, which reached $823.4 million. The coffee giant’s robust performance in the Chinese market was…
The main building of ICBC London branch. [Photo provided to China Daily] From a representative office established in 1995 to a comprehensive financial platform supporting trade, investment, and major infrastructure projects, the journey of Industrial and Commercial Bank of China (ICBC) in the United Kingdom has evolved in step with China’s reform and opening-up, and…
Two humanoid robots perform a session of fighting at civilian robotics company Unitree’s booth during the China International Import Expo (CIIE) in East China’s Shanghai, Nov 6, 2025. [Photo/Xinhua] Unitree Robotics has been appointed a robot partner for China’s 2026 CCTV Spring Festival Gala, marking its third appearance on the show. The robots’ playful dance…
China Southern Power Grid (CSG) is accelerating a massive expansion of its hydropower portfolio, with plans to build eight new pumped-storage stations that are expected to trigger approximately 130 billion yuan ($18.1 billion) in total industrial investment. The State-owned utility’s initiative comes as China enters its 15th Five-Year Plan period, aligning with national goals to…
Researchers work on cosmetics formula at Kans’ research and development center in Shanghai in 2025. [Photo provided to chinadaily.com.cn] How many bottles of lotion can a smart factory produce per day? For domestic beauty brand Kans, the answer is 3.5 million. With an investment of 1.2 billion yuan ($172.8 million), the brand’s smart factory is…
The Standard Chartered area at the eighth CIIE in Shanghai, on Nov 7, 2025. [Photo/VCG] Standard Chartered China opened a priority private center in its Shenzhen Bay subbranch on Wednesday to support the high-quality development of China’s wealth management sector. The move followed the establishment of priority private centers, which are dedicated to providing custom-made…
China General Nuclear Power Group, the country’s largest nuclear power plant operator by installed capacity, reported a significant expansion of its clean energy portfolio, with operational capacity reaching 113 million kilowatts by the end of 2025. The State-owned giant successfully navigated China’s 14th Five-Year Plan (2021-25) by securing approvals for 16 new nuclear power units,…
China General Nuclear Power Group, the country’s largest nuclear power plant operator by installed capacity, reported a significant expansion of its clean energy portfolio, with operational capacity reaching 113 million kilowatts by the end of 2025. The State-owned giant successfully navigated China’s 14th Five-Year Plan (2021-25) by securing approvals for 16 new nuclear power units,…
China has officially operationalized the world’s largest compressed air energy storage facility in Jiangsu province, marking a major technical milestone in the nation’s push to stabilize its green energy grid. Harbin Electric Corporation in Harbin, Northeast China’s Heilongjiang province, announced recently that the second unit of its salt cavern demonstration project in Jiangsu province achieved…