Chinese home appliance heavyweight TCL said its overseas sales have expanded at a fast pace, which is set to help the company achieve its whole-year sales targets. “We are expected to meet our operational targets and our profit level will rise this year, although I can’t reveal the exact numbers,” Chen Zhanyuan, deputy director of…
The latest phase of CanSemi Technology Inc’s project in Guangzhou Development District was launched on Jan 22, 2026. [Photo provided to chinadaily.com.cn] Guangzhou CanSemi Technology Inc, a major chipmaker in Guangdong province, is actively expanding its silicon photonic chip production lines to meet the rapid digital economic growth demand in the Guangdong-Hong Kong-Macao Greater Bay…
Chinese companies are increasingly turning to courts in the United States to challenge Washington’s restrictions, with battery maker Gotion High-Tech becoming the latest to seek damages after its multibillion-dollar manufacturing project was derailed by local government. A US subsidiary of Gotion High-Tech has filed an amended lawsuit in federal court in Michigan seeking millions of…
Chinese home appliance heavyweight TCL said its overseas sales have expanded at a fast pace, which is set to help the company achieve its whole-year sales targets. “We are expected to meet our operational targets and our profit level will rise this year, although I can’t reveal the exact numbers,” Chen Zhanyuan, deputy director of…
NielsenIQ, a leading consumer intelligence company, announced on Wednesday that it has completed the acquisition of Flywheel’s China and Southeast Asia e-commerce data and insights business. The acquired business, which operates in China under the YiMian brand, is a leading provider of e-commerce, social commerce, and digital shelf solutions. The acquisition expands NIQ’s capabilities across China and Southeast…
Chinese drugmaker CSPC Pharmaceutical Group said on Thursday that it had entered a strategic collaboration with AstraZeneca to develop small interfering RNA (siRNA) therapies for kidney diseases in a deal worth up to $1.77 billion, extending a series of partnerships between the two companies. Under the collaboration, option and license agreement, AstraZeneca will work with…
AstraZeneca’s selective MET inhibitor Orpathys has won conditional approval in China for a new indication in MET-amplified gastric cancer, marking the first targeted therapy approved in the country for the biomarker-defined subgroup and underscoring China’s growing role in precision oncology drug development. China’s National Medical Products Administration approved the drug for adults with locally advanced…
Global green tech company Envision Group and independent power producer Elements Green came to terms on a cooperation agreement to build a 1.6-gigawatt-hour battery energy storage system in northern Germany, marking one of the country’s largest energy storage projects to date. The Stadorf project, announced during the Intersolar Europe 2026 exhibition, will feature a capacity…
Most of the audio systems and stadium lighting fixtures at ongoing FIFA World Cup venues in the United States, Canada and Mexico are made in Guangdong, demonstrating the province’s manufacturing strength and high-end capabilities in the field, a senior local business executive has said. “And much of the lighting, audio equipment and stage special effects…
A C909 aircraft of the Commercial Aircraft Corporation of China (COMAC) is on display during the 10th Singapore Airshow at Singapore’s Changi Exhibition Centre on Feb 4, 2026. [Photo/Xinhua] SHANGHAI — China’s homegrown C909 regional jet has marked 10 years of commercial operation, becoming a mainstay of the country’s regional aviation market and expanding its…