Delegates check out beverages from Lemon Republic at a forum in Shanghai in May. CHINA DAILY In a market crowded with novelty beverages and short-lived trends, beverage company Lemon Republic is attempting something unusually focused: to build a multi-billion-yuan business out of just one fruit. Founded in 2021, the startup has spent the past four…
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Shanghai Hero (Group) Co Ltd holds its new product launch at Crowne Plaza Shanghai Noah on Tuesday. [Photo provided to chinadaily.com.cn] Time-honored Shanghai Hero (Group) Co Ltd held its new product launch in Shanghai on Tuesday, unveiling co-branded products with a local cultural creative brand, previewing the collaboration with Shanghai Film Infinity, and signing a partnership…
The per capita GDP of the Yangtze River Delta region edged up to $19,500 in 2024, about to surpass the $20,000 threshold for developed economies, according to official data. The data is released in a recent report jointly published by the Regional Cooperation Office of the Yangtze River Delta, the Shanghai division of the China…
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BEIJING – China is poised to offer multinational companies a platform for “policy communication, industrial coordination and project cooperation” at the upcoming sixth Qingdao Multinationals Summit, a commerce ministry official said Friday. The summit is scheduled to be held from June 18 to 20 in Qingdao, a coastal city in East China’s Shandong province, said…
Euro area The first estimates of euro area balance showed a €9.9 bn surplus in trade in goods with the rest of the world in April 2025, compared with + €13.6 bn in April 2024. The euro area exports of goods to the rest of the world in April 2025 were €243.0 billion, a decrease…
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Bonnie Yang, acting general manager and vice-president, Strategic Finance, Commercial and Partnerships, Lundbeck China. China Daily Editor’s Note: As China steps up efforts to boost domestic demand and drive consumption-led growth, multinational 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…
BEIJING — China’s trade with African countries hit a record high in the first five months of this year, official data showed Monday. The China-Africa trade volume increased 12.4 percent year-on-year in the January-May period to 963.21 billion yuan (about $134 billion), accounting for 5.4 percent of the country’s total foreign trade, according to the…