Skip to content

China

CHN Energy to ramp up investment in green biz

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…

Lenzing to continue investment in China

In an exclusive interview with China Daily, Rohit Aggarwal, CEO of the Austrian cellulosic fiber company Lenzing Group, said the company will continue its investment in China, considering it as one of its most important markets. Aggarwal expressed the company’s commitment to continue introducing new fibers and technologies into the country based on the changing…

Over 250 companies ranked on lists of Shanghai’s top 100 foreign-funded companies

A total of 258 foreign-funded companies appeared on the four lists of top 100 foreign-invested enterprises for 2023 covering the categories of sales revenue, imports and exports value, tax contribution and job creation, according to a report published on Tuesday. Companies on the lists accounted for 33 percent of the total sales revenue generated by…

Regenerative farming shows transformative potential

Logo of Bayer Group is pictured outside a plant. [Photo provided to China Daily] Beijing’s crisp autumn air mingled with the earthy scent of freshly tilled soil as I visited Yinhuang Farm in Beijing’s Changping district. Yinhuang is the first Bayer ForwardFarming project in the Asia-Pacific region, and offers customized regenerative agricultural solutions to farmers…

Duolingo English Test gains in popularity across China

Participants are seen at the first open day event held in China by Duolingo, a United States-based edtech company, in Beijing on August 31, 2023. PAN XULIN/CHINA NEWS SERVICE Duolingo, a United States-based edtech company, is ramping up efforts to expand its presence in China, betting big on the country’s growing demand for English proficiency tests.…

AstraZeneca expanding R&D pipeline in China

In an interview with China Daily, Sharon Barr, executive vice-president of biopharmaceuticals R&D at AstraZeneca, said the company’s presence in Shanghai is absolutely critical to achieving its bold ambition to be a pioneer in science and to create transformative new medicines for patients. She said that China has its vibrant academic collaborative network and the…

HKPC’s future manufacturing solutions shine at GITEX Global 2024

The Hong Kong Productivity Council’s booth at GITEX Global in Dubai showcases innovative technologies and solutions. [Photo provided to chinadaily.com.cn] On Monday, GITEX Global 2024, the world’s most iconic technology exhibition opened in Dubai, the United Arab Emirates. The Hong Kong Productivity Council (HKPC), a nationwide leader in innovative, market-driven research and development, specializing in…

CITIC Group to strengthen green, sustainable development

CITIC Group released an initiative with 13 international business partners during the 2024 ESG Global Leaders Conference held in Shanghai. [Photo provided to chinadaily.com.cn] Financial conglomerate CITIC Group released an initiative with 13 international business partners, on Wednesday, to strengthen green cooperation and advance sustainable development. The initiative was released during the 2024 ESG Global…

New deep drilling rig delivered

China’s Honghua Group, a leading global land drilling rig manufacturer under the Dongfang Electric Corporation, delivered the domestically developed 12,000-meter intelligent deep drilling rig in Guanghan, Deyang on Wednesday. [Photo/Honghua Group’s website] China’s Honghua Group, a leading global land drilling rig manufacturer under the Dongfang Electric Corporation, delivered the domestically developed 12,000-meter intelligent deep drilling…

ASML expects sales in China to return to ‘more normalized level’

Dutch chip manufacturing equipment provider ASML Holding NV confirmed to China Daily that it expects its sales in the Chinese market back to a “more normalized level”, as the company released its third-quarter fiscal report. ASML released on Tuesday its third-quarter earnings for 2024, revealing potential shifts in its China business performance. Analysts have noted…