Having opened its 1,000th store in China earlier this year, US-based restaurant brand Subway is making steady progress toward its ambitious goal of reaching 4,000 stores in the next two decades, the company’s top executive Jonathan Fitzpatrick told China Daily in an exclusive interview. Click the video and find out what is his dream goal…
A view of The Louis, which was launched in Shanghai earlier this year. CHINA DAILY Bernard Arnault, CEO of LVMH, made a visit to China last month — the third year in a row — continuing his strategic focus on the region’s luxury market. However, this year’s trip marked a notable turn. It is reported…
[Photo/VCG] Artificial intelligence is transforming the construction sector, saving costs and enhancing efficiency and management, with its usage expected to further expand in the future, experts said. AI has been integrated throughout the lifecycle of construction, including cost estimation, construction management, and bidding and settlement. China Construction Third Bureau Digital Engineering Co Ltd said more…
The Dutch government’s move to distort facts and persist in unilateral actions is counterproductive to resolving issues regarding Nexperia, a Chinese-owned semiconductor company based in the Netherlands, said market watchers, warning that such actions will only heighten tensions with China. China is extremely disappointed and strongly dissatisfied with the statement made by Vincent Karremans, the…
[Photo/chinadaily.com.cn] Mushroom Cloud Maker Space showcased a range of AI applications in hardware, education and ecosystem development at last weekend’s popular 2025 Maker Faire Shenzhen. The company brought a variety of interactive AI hardware projects to the event, including smart assistants, edge-AI devices, robotics and a mini automobile, displaying how artificial intelligence is steadily evolving…
Chinese tech giant Baidu Inc reported on Tuesday that its total revenue reached 31.2 billion yuan ($4.38 billion) in the third quarter of this year, with artificial intelligence-powered businesses delivering robust revenue growth. Revenue from Baidu’s core businesses, including search engines, reached 24.7 billion yuan during the July-September period, while revenue from AI businesses grew…
By Zhang Chenxu State Grid Henan Information & Communication Company has significantly reduced the time required to identify information system faults by developing an intelligent operations knowledge base and a root-cause analysis engine powered by dynamic reasoning. The company recently established a Quality Control (QC) team tasked with sorting and categorizing nearly 10,000 sets of…
Editor’s Note: As China steps up efforts to boost domestic demand and drive consumption-led growth, foreign corporations are uniquely positioned to seize the opportunities presented by this transformative period. China Daily examines how these companies are aligning with China’s new round of high-standard opening-up policies, embracing emerging tech innovation trends and expanding their presence in…
A view of the booth of Suzano during an expo in Shanghai. [Photo/VCG] Suzano, the world’s largest producer of market pulp, vows to continuously step up its presence in China, an “essential growth engine” that is expected to provide massive opportunities for the Brazilian company, said a senior executive. “China’s transformation from high-speed to high-quality…
Malaysia’s aviation sector is showcased during an aviation expo in Shanghai earlier this year. CHINA DAILY While looking to ride on China’s economic growth by further expanding its operations in the world’s second-largest economy, Malaysia Aviation Group is also considering to purchase Chinese-made aircraft to support its ambition of becoming one of the world’s top…