H World Group, a Shanghai-headquartered hospitality group operating more than 12,700 hotels across 20 countries, will accelerate its global expansion, with Southeast Asia emerging as a key strategic pillar as it pursues scalable growth beyond its home market, said a senior executive. Most of the Chinese hotel operator’s projects in Southeast Asia, either already launched…
China’s consumer inflation accelerated to its fastest pace in nearly three years in December, official data showed on Friday, signaling a stabilizing economy as recent stimulus measures continued to bolster domestic demand. Going forward, analysts said consumer inflation is expected to remain mild through 2026, leaving ample room for policymakers to step up macroeconomic adjustment…
Annual electricity consumption in the region served by China Southern Power Grid has surpassed 1.7 trillion kilowatt-hours (kWh), marking a pivotal shift in the energy landscape of China’s industrial heartland as renewable energy officially became the area’s largest source of power, according to company data released on Tuesday. Total power usage in the operator’s service…
A Magnum ice cream bar at a HotMaxx discount store in Shanghai on Dec 14. CHINA DAILY The world’s largest ice cream maker, The Magnum Ice Cream Company, has rolled out its 2026 product portfolio in China, marking its first major market move since completing its independent listing in Amsterdam, London and New York in…
Engineers at China State Shipbuilding Corporation, the world’s largest shipbuilder, have used their expertise in ship propulsion systems to develop a portfolio of portable power generators suitable for emergency response and field operations in remote areas. Luan Yongjun, a project manager at Harbin Marine Boiler and Turbine Research Institute, a CSSC subsidiary based in the…
A new production line for down jackets operated by China’s fast-fashion label Metersbonwe will begin trial operations at the end of March in Bijie, Guizhou province in Southwest China. As part of local efforts to attract the relocation of the light-textile sector from China’s eastern provinces, the project is expected to generate employment for a…
Employees of Saint Deem work on a vein-recognition manufacturing line in Huainan, Anhui province. CHINA DAILY Chinese biometric technology firm Saint Deem has launched its first dedicated vein-recognition manufacturing line, marking a step toward large-scale commercialization of a technology that industry experts said could reshape the digital identity verification industry. The production line, located in…
Zeiss Vision Care’s manufacturing base in Guangzhou, Guangdong province, is an outcome of the deep synergy between Chinese intelligent manufacturing efficiency and German precision engineering, company executives said. Located in the Huangpu district of the provincial capital, the base was added to the World Economic Forum’s Global Lighthouse Network last Thursday, showcasing its leading global…
Chow Tai Fook Jewellery Group announced last Friday its entry into Bangkok’s iconic Siam Paragon mall, while concurrently appointing Chinese actor Yang Yang as its global brand ambassador. [Photo provided to chinadaily.com.cn] Chow Tai Fook Jewellery Group announced its entry into Bangkok’s iconic Siam Paragon mall. With over 5,000 stores worldwide, Chow Tai Fook’s Thailand…
Residents and tourists shop at the China Duty Free Group’s Haikou International Duty-Free City. [Photo provided to chinadaily.com.cn] Hainan Free Trade Port has recorded a steady start one month after launching its island-wide special customs operations, provincial officials said on Monday. At a press briefing, authorities said the Dec 18 rollout had met initial targets,…