Eyeing deeper strategic cooperation in the home entertainment sector, Japan’s Sony Corp announced on Tuesday that it had reached an initial agreement with China’s home appliance heavyweight TCL Electronics Holdings Ltd for the establishment of a joint venture to take over the former’s home entertainment business. According to a memorandum of understanding, the proposed JV…
Signage is displayed outside the corporate headquarters of ByteDance, the parent company of TikTok, in San Jose, California, US, Dec 16, 2025. [Photo/VCG] TikTok said on Thursday (US time) that it has reached a deal to establish a majority American-owned joint venture to run its US operations, a move aimed at averting a potential ban…
A signage of Sinovac Biotech Ltd is shown on this picture taken on May 17, 2025. [Photo/VCG] Sinovac Biotech said its inactivated hepatitis A vaccine has won an exclusive public sector supply contract in Oman for 2026 and 2027, marking its first breakthrough in the Gulf Cooperation Council vaccine market. The Chinese vaccine company said…
A robot from Chinese company AgiBot is displayed during the 2026 Consumer Electronics Show (CES) in Las Vegas, the United States, Jan 6, 2026. [Photo/Xinhua] BEIJING — A global ranking of fast-growing startups in 2025 showed that companies headquartered in China accounted for over one-third of the list, underscoring the country’s strong potential in emerging…
BEIJING — The Export-Import Bank of China (China EximBank) has issued over 730 billion yuan (about $104 billion) in technology-related loans in 2025, with funds flowing into sectors including artificial intelligence, brain-computer interfaces, humanoid robots and high-end instruments. By the end of 2025, the bank’s outstanding technology loans stood at 1.54 trillion yuan, accounting for…
A view of Tesla’s auto plant in Shanghai. CHINA DAILY Foreign enterprises are demonstrating renewed vigor and strategic commitment to the Chinese market, doubling down on localization and innovation, fueled by improving business performance and a stabilizing economic outlook. US companies operating in China demonstrated stronger financial results in 2025, according to the latest China…
Jin Yibo, spokesperson for the automaker Chery group, announces the company’s sales target for 2026 during a media event on Tuesday in Hefei, the capital of East China’s Anhui province. [Photo provided to chinadaily.com.cn] Chinese automaker Chery Group recently announced a sales target of 3.2 million units for 2026, a new peak for the company…
Jin Yibo, spokesperson for the automaker Chery group, announces the company’s sales target for 2026 during a media event on Tuesday in Hefei, the capital of East China’s Anhui province. [Photo provided to chinadaily.com.cn] Chinese automaker Chery Group recently announced a sales target of 3.2 million units for 2026, a new peak for the company…
Chinese railway operators have launched an anti-fraud campaign to educate rail passengers. At Yuci Station in Shanxi province, staff members have partnered with police forces in the station to push anti-fraud publicity material among passengers staying in the waiting hall. Through practical on-site demonstrations, they have shown passengers ways to install the National Anti-Fraud Center…
TikTok secured a legal victory in Canada on Wednesday after the country’s federal court overturned a government order for the company to shut down its Canadian operations. The ruling directs the Canadian government to reconsider the case and allows the short-video platform to continue serving the 14 million plus users in the country. In a…