China is emerging as an innovation-centric economy, with technological advances setting the stage for global shifts, while foreign companies can leverage their expertise around the world to help Chinese businesses bolster digital transformation, said Samantha Zhu, chairperson of Accenture Greater China. “For businesses in China looking to boost their productivity and maintain competitiveness, technologies led…
NIVEA products are on display at a retail counter in Changzhou, Jiangdu province, on Oct 6, 2024. [Photo/VCG] Nivea, using its parent company Beiersdorf’s patented anti-spot ingredient Thiamidol 630, will start mass production of its new product in its Shanghai facility in July, with roll out to the market expected two months later. The announcement…
BEIJING – China’s reform efforts to promote research and development on medical innovation and shorten the review and approval time for the launch of related drugs have provided innovation-driven pharmaceutical firms with greater opportunities, a senior executive with US medicine giant Eli Lilly and Company said. “Related reforms have stimulated innovation in the pharmaceutical sector,…
FedEx employees unload cargo from an aircraft at Guangzhou Baiyun International Airport in Guangdong province in March. CHINA DAILY FedEx Corp plans to further expand its presence in China as the United States-based express transportation service provider aims to fortify supply chains and boost investment in response to China’s pivotal role in the global economy, the…
The nation’s first full-link integrated test on large-scale vehicle-to-grid interaction kicks off in Shanghai on March 31. [Photo provided to chinadaily.com.cn] The nation’s first full-link integrated test on large-scale vehicle-to-grid (V2G) interaction was kicked off in Shanghai on March 31, according to the State Grid Shanghai Municipal Electric Power Co. Shanghai was among the first…
The logo of US pharmaceutical company Pfizer at the 7th China International Import Expo in Shanghai, on Nov 7, 2024. [Photo/VCG] BEIJING – US pharmaceutical giant Pfizer’s new research and development (R&D) center officially opened at BioPark in the Beijing Economic-Technological Development Area (BDA) on Saturday. As the company’s third R&D center in China, the…
China Petroleum and Chemical Corp (Sinopec) and Contemporary Amperex Technology Co Ltd (CATL), a leading battery maker, have signed a framework agreement on Wednesday for industrial and capital cooperation in Beijing, planning to build no fewer than 500 battery swap stations nationwide, with the future goal of jointly constructing 10,000 such stations. The initiative aims…
Chinese and international oncologists witness the release of a breakthrough finding by a Chinese pharma company during the European Lung Cancer Congress 2025, held in France between March 26 and 29. [Photo provided to chinadaily.com.cn] A key lung cancer congress held in Europe disclosed that a new breakthrough has been made by Hengrui Pharmaceuticals, a…
The rendering of Legoland Shanghai Resort. [Photo provided to chinadaily.com.cn] The Shanghai Legoland Resort officially announced its pricing system with six tiers for admission tickets on Wednesday ahead of its opening this summer. Adult tickets will range from 319 yuan ($43.8) during the low season to 599 yuan on special peak days, while children’s tickets…
A humanoid robot shakes hands with a journalist at Zhongguancun International Innovation Center, venue for the 2025 Zhongguancun Forum (ZGC Forum) Annual Conference, in Beijing, capital of China, March 27, 2025. [Photo/Xinhua] Artificial intelligence can reshape every industry in China, but only if it enhances productivity, said Gao Xuefeng, founder and CEO of Chinese tech…