The world’s largest shield machine for railway construction, a tunneling device with a diameter of 15.4 meters, excavates its 1,000th ring segment on Sunday to reach 2 kilometers, a milestone in the construction of a tunnel beneath the Yangtze River for a high-speed railway. [Photo provided to chinadaily.com.cn] The world’s largest shield machine for railway…
A view of the Mandarin Oriental Qianmen hotel in Beijing. The company has vowed more investments in China to further tap growing local demand. CHINA DAILY Mandarin Oriental Hotel Group said it will continue to invest in different cities in China — a massively important market, to satisfy the growing demand of discerning and sophisticated Chinese…
CNOOC booth at an expo held in Shanghai on June 9, 2021. [Photo/VCG] CNOOC Petroleum Brasil Ltda, a wholly owned subsidiary of CNOOC Limited, has entered into four concession contracts for exploration blocks offshore Brazil with the Brazilian National Agency for Petroleum and the partners in the Pelotas Basin, in an announcement on Thursday. The…
TCL’s booth at a high-tech expo in Barcelona. [Photo/Xinhua] Chinese home appliance makers have intensified efforts to make forays into overseas markets to seek new sources of revenue, and are upgrading and optimizing their products to make them “smarter”, industry experts said. Consumer electronics major TCL Technology Group Corp is beefing up its global operational…
Eli Lilly logo is shown on one of the company’s offices in San Diego, California, US, Sept 17, 2020. [Photo/Agencies] US pharmaceutical company Eli Lilly and Co recently announced a roughly $200 million expansion of its manufacturing site in Suzhou, Jiangsu province, that will enable it to increase production of innovative medicines for type 2…
With an investment of approximately 20 million euros ($21.69 million), Bayer Consumer Health launched the China Center of Innovation and Partnership (CCIP) in Shanghai on Wednesday, aiming to integrate more deeply into the country’s innovation ecosystem. The CCIP is committed to building an integrated innovation partnership network that connects efforts from the industry, academia and…
Two researchers check out human milk oligosaccharide at a Nestle research center. [CHINA DAILY] Global food and beverage giant Nestle will continue to invest in its infant nutrition business in China and is bullish about the market’s long-term prospects, driven by the still large number of newborns in the country and the imminent approval of…
Kraft Heinz tomato ketchup products are seen at a supermarket in Beijing. [Photo/China Daily] This year marks a milestone for Kraft Heinz as it is celebrating its 40-year journey in China. The company established its first joint venture in Guangzhou, Guangdong province, in 1984. Ever since, it has been providing delicious, high-quality products to meet…
Siasun’s production line of robotic arms in Shenyang, Liaoning province. LI XULUN/XINHUA Siasun Robot and Automation Co Ltd, a major robotics technology company, recently exported more than 100 robots to Europe, a significant step in the company’s efforts to integrate with the burgeoning new energy manufacturing sector across the continent. Exports cover three main categories —…
An employee works on a PV panel assembly line in Lianyungang, Jiangsu province, on Tuesday. SI WEI/FOR CHINA DAILY CHN Energy Investment Group (CHN Energy) is on track to efficiently step up investments in fields such as renewable energy and clean utilization of coal, to further facilitate China’s goal of achieving around 5 percent annual GDP…