Staff members from State Grid Jiangning conduct a check on electrical equipment at Gree Electric Appliances (Nanjing) Co Ltd, providing energy efficiency advice services, in Nanjing, Jiangsu province. ZHAO ZILING/FOR CHINA DAILY State Grid, the world’s largest utility enterprise which is crucial to China’s energy security and economic lifeline, is making innovative moves to power…
This photo taken on Sept 2, 2024 shows the skyline of the central business district (CBD) at dusk in Beijing, capital of China. [Photo/Xinhua] BEIJING – Beijing saw over 2,400 new registrations of overseas-funded businesses in 2025, marking an increase of 19.5 percent year-on-year, according to local authorities. Last year, the national capital recognized 20…
Visitors gather at Covestro’s booth at PU China 2024, held in Shanghai on July 17, 2024. [Photo/VCG] Covestro AG, the German manufacturer of polymers and high-performance plastics, is increasing its investment in China as part of its strategy to strengthen local production, innovation and market responsiveness, with thermoplastic polyurethane (TPU) identified as a key growth…
China’s push for high-quality development is increasingly being driven by private enterprises that combine technological breakthroughs with stronger connectivity across regions, playing a growing role in industrial upgrading and supply-chain resilience. The trend comes as national efforts to upgrade industrial chains and strengthen the real economy continue to create new space for private manufacturers to…
China has approved a first-of-its-kind treatment for chronic hepatitis D, marking both a clinical breakthrough and a symbolic milestone for the country’s push to develop globally competitive original medicines. The National Medical Products Administration on Friday granted conditional approval to Libevitug, a monoclonal antibody developed by Beijing-based Huahui Health, for adult patients with chronic hepatitis…
China has successfully achieved industrial-scale production of polyolefin elastomer, a breakthrough that significantly bolsters the nation’s supply chain sovereignty in the renewable energy and electric vehicle sectors while dismantling a long-standing “chokehold” on critical high-tech materials. The Dushanzi petrochemical plant, a subsidiary of the State-owned China National Petroleum Corp and located in the Xinjiang Uygur…
China’s vast market potential, deep talent pool and leadership in cutting-edge technologies such as artificial intelligence and robotics make it a core pillar of Galaxy Corp’s global strategy, as the South Korean entertainment technology company plans to steadily expand its presence in China through deeper local partnerships and investments. “China’s market holds virtually unlimited development…
Anta Sports Products Ltd announced on Tuesday that it has entered into a share purchase agreement with Groupe Artémis, the investment firm of the Pinault family, to acquire a 29.06 percent stake in the global sportswear giant behind the Puma brand. The deal for Puma SE, valued at 1.5 billion euros ($1.78 billion), marks a…
China’s Zijin Mining Group, which specializes in the global exploration and development of metals such as copper, gold, zinc and lithium, as well as engineering and technological research, announced on Monday that it would be buying Canada’s Allied Gold for around $4.02 billion. The announcement came as Zijin steps up its global expansion against the…
All scheduled flights on 49 air routes between China and Japan have been cancelled for February, flight data showed on Monday, as Chinese airlines extended special ticket change and refund policies for Japan-related travel. Data from flight information platform Flight Master showed that as of Monday, 49 China-Japan routes had cancelled all flights scheduled for…