An A320 aircraft is assembled at Airbus’ second final assembly line in Tianjin on Oct 22. TONG YU/CHINA NEWS SERVICE Airbus secured a flurry of year-end aircraft orders from Chinese airlines, reinforcing the European planemaker’s dominance in China and its long-term commitment to the world’s second-largest aviation market. In just two days at the end…
Biopharmaceutical company Zonsen PepLib Biotech said in a company statement on Monday that it has struck a global licensing deal with Swiss multinational pharmaceutical company Novartis to develop a new peptide-based treatment, netting an upfront payment of $50 million. The agreement focuses on an undisclosed asset used in radioligand therapy, a precision cancer treatment that delivers…
Biopharmaceutical company Zonsen PepLib Biotech said in a company statement on Monday that it has struck a global licensing deal with Swiss multinational pharmaceutical company Novartis to develop a new peptide-based treatment, netting an upfront payment of $50 million. The agreement focuses on an undisclosed asset used in radioligand therapy, a precision cancer treatment that delivers…
Premier Chinese cashmere brand Sandriver inaugurated its largest global flagship store at Shanghai’s iconic Zhang Yuan, or Zhang Garden on Saturday. [Photo provided to chinadaily.com.cn] Premier Chinese cashmere brand Sandriver inaugurated its largest global flagship store at Shanghai’s iconic Zhang Yuan, or Zhang Garden on Saturday. As the first homegrown luxury brand to establish a presence…
China’s retail sector is entering a critical phase of transformation, with growth in 2026 expected to hinge less on foot traffic, channel expansion or price subsidies, and more on brands’ ability to meet consumers’ personal, emotional and experiential needs, according to a new report by world’s leading consumer intelligence firm NielsenIQ. In its report, “Guide…
Two newly built cable lines, Lilong AW17 and Liyue AW18, have recently come online in Jinhua, Zhejiang province, a move that is helping ease power constraints for high-tech enterprises and supporting the rapid growth of the city’s new energy vehicle industry cluster. Operated by State Grid Jinhua Power Supply Company, the two full-cable lines are…
Visitors check out Hanvon’s e-reader products during the ongoing Consumer Electronics Show (CES) 2026 in Las Vegas. [Photo provided to chinadaily.com.cn] Chinese e-reader technologies drew considerable interest at the Consumer Electronics Show (CES) 2026, as major players presented advances in core electronic paper display systems and digital stationery applications — achieving steady progress in technological…
Visitors check out Hanvon’s e-reader products during the ongoing Consumer Electronics Show (CES) 2026 in Las Vegas. [Photo provided to chinadaily.com.cn] Chinese e-reader technologies drew considerable interest at the Consumer Electronics Show (CES) 2026, as major players presented advances in core electronic paper display systems and digital stationery applications — achieving steady progress in technological…
Shoppers are seen at an Ikea store in Shanghai on Feb 7. CHINA DAILY Ikea plans to open about 10 smaller-format stores in China in the next two years as it shifts its focus toward efficiency, local needs and closer links between online and offline retail in one of its most important markets. The plan…
HARBIN — Shen Yumei’s first trip to Harbin, capital of Northeast China’s Heilongjiang province, for an exhibition was a pleasant surprise, revealing the vibrancy of the local winter sports market. Shen serves as marketing director for China of Italy-based winter sports equipment manufacturer TechnoAlpin. The company commands over 60 percent of the global market share…