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Shifting gears from manufacturing to green tech

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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…

Sam’s Club to open 5th Beijing store

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A view of a newly opened Sam’s Club store in Yangzhou, Jiangsu province. CHEN YANG/FOR CHINA DAILY Sam’s Club, Walmart Inc’s membership retail chain, is scheduled to launch its 61st store in China on Friday (Nov 21) with a grand opening in Beijing’s Changping district — part of an aggressive push to attract affluent urban…

Schott charts fresh investment plan

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With China entering a new era of innovation-driven and green-led growth, German specialty materials manufacturer Schott AG plans to invest more than 60 million yuan ($8.4 million) in Suzhou, Jiangsu province in the coming months, said a senior executive. Upon full completion and ramp-up, the project aims to generate an annual output value of more…

Lianlian DigiTech establishes overseas HQ in Hong Kong SAR

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[Photo provided to chinadaily.com.cn] Lianlian DigiTech, a Hangzhou-based digital payment solutions provider, announced the establishment of its overseas business headquarters in Hong Kong earlier this week, during which officials and senior executives emphasized the city’s strategic role as a global gateway and its forward-looking vision for shaping a digital future. Zhang Zhengyu, chairman of the…

Maersk unveils flagship logistics center in Shanghai

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AP Moller–Maersk, the Danish shipping and logistics group, officially unveiled its flagship logistics center in the Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone on Thursday, marking one of its largest global warehousing investments. Representing an investment of over $140 million, the facility spans 113,000 square meters and offers 147,000 square meters of…

Mastercard executive lauds Chinese EV’s ‘unparalleled’ value

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After touring a Chinese EV maker, Mark Barnett, global head of Small and Medium Enterprises (SME) at Mastercard, praised its exceptional value for money:”Fantastic product—unparalleled anywhere I’ve seen.” He said he’s ready to take one home to the UK—as soon as a right-hand-drive model becomes available. Tanks to chinadaily.com.cn Please visit: Our Sponsor

Foreign firms bullish on China’s consumption drive

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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…

Great Robotics showcases world’s first autonomous spinal surgery

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The 17th Annual Congress of the Chinese Orthopaedic Association, one of the world’s most influential orthopedic gatherings, concluded on Nov 16 in Tianjin after bringing together global experts under the theme “Smart Ortho, Pioneering Frontiers”. The event’s standout moment came when Great Robotics demonstrated its NewDawn AI-Powered Endoscopic Surgical Robot Platform, performing the world’s first…

First electric trains for Malaysia project finish production in Dalian

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The first batch of electric vehicles custom-built for Malaysia’s East Coast Rail Link project rolled off the production line on Tuesday at CRRC Dalian Co Ltd in Dalian, Liaoning province. [Photo provided to chinadaily.com.cn] The first batch of electric vehicles custom-built for Malaysia’s East Coast Rail Link project rolled off the production line on Tuesday at…

Mainland warns Japan of looming consequences over Taiwan remarks

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If Japan persists in pursuing the wrong course and goes further down the wrong path, China will resolutely take all necessary countermeasures, and Japan shall bear all the consequences, the Ministry of Commerce said on Thursday. Japanese Prime Minister Sanae Takaichi recently openly made erroneous remarks on China’s Taiwan, which fundamentally undermines the political foundation…