The recent fire at Hung Fuk Court in Tai Po, Hong Kong, has deeply touched the hearts of people across the whole country. Following the fire, Maogeping Cosmetics Co Ltd attached great importance to the incident and announced a special donation of 5 million yuan ($707,049) to support the fire rescue operations in Tai Po.…
MPay Tap!, a tap-to-pay service that was launched across Macao by Macao Pass in partnership with Alipay on Monday, offers customers a more convenient payment experience while advancing Macao’s digital economy and smart-city development. Built on Alipay Tap! technology, which combines near-field communication (NFC) and barcode payment capabilities, MPay Tap! provides an instant, one-tap payment…
[Photo provided to chinadaily.com.cn] China CITIC Bank has been awarded the prestigious “Bank of the Year China 2025” title by The Banker, a renowned international financial publication. This recognition is in honor of the bank’s successful implementation of a people-centered, all-age-friendly financial service model within the framework of national development strategies. This marks the second…
A vessel carrying 200,000 tons of high-grade iron ore departed Guinea’s Port of Maretapa for China on Tuesday. [Photo provided to chinadaily.com.cn] A vessel carrying 200,000 tons of high-grade iron ore departed Guinea’s Port of Maretapa for China on Tuesday, marking the first shipment from the Simandou project and bringing one of the world’s most…
People walk into a Sam’s Club store on its opening day in Yangzhou, Jiangsu province, on Nov 12. CHEN YANG/FOR CHINA DAILY Walmart Inc reported a quarter of strong performance in China, with net sales in the country surging 21.8 percent to $6.1 billion on the back of Sam’s Club’s rapid expansion and accelerating online…
BUDAPEST – China’s Contemporary Amperex Technology Co Limited (CATL) said on Wednesday its battery cell factory in Debrecen, Hungary, is prepared for launch and will be central to the company’s strategy to deepen its long-term European operations. The plant, with an initial annual capacity of 40 gigawatt hours (GWh), is already fully booked by clients,…
Employees work on an FAW-Volkswagen auto assembly line in Qingdao, Shandong province, on Sept 18. LIANG XIAOPENG/FOR CHINA DAILY About 56 percent of German companies are considering more engagement with Chinese partners, with the primary motivations being business expansion in China and the need to adapt to “China Speed”, the German Chamber of Commerce in…
The first duty-free shop in the downtown areas of northwestern China recently opened in Xi’an, Shaanxi province. [Photo provided to chinadaily.com.cn] The first duty-free shop in the downtown areas of northwestern China recently opened in Xi’an, Shaanxi province. The three-story building can be found in Xi’an’s Bell Tower commercial area. Inside is a duty-free section,…
Chinese e-commerce giant JD said on Wednesday it has acquired approximately 59.8 percent of the shares and voting rights in German electronics retailer Ceconomy. When combined with the stake to be retained by its future partner Convergenta, JD’s total shareholding in Ceconomy would reach 85.2 percent. Convergenta was the largest shareholder in Ceconomy before JD’s…
Foreign traders visit the 2025 World Green Development Investment and Trade Expo & China Green Food Expo in Nanchang, East China’s Jiangxi province, Nov 28, 2025. [Photo/Xinhua] NANCHANG — A robot named “Pasini” drew crowds at the 2025 World Green Development Investment and Trade Expo and China Green Food Expo, as it moved its mechanical…