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Nestle aims to tap into high-quality coffee experiences

Nestle Coffee’s booth at Bakery China 2024 in Shanghai. CHINA DAILY Global food and drink company Nestle is doubling down on its coffee strategy in China, aiming to capture the growing appetite for diverse and high-quality coffee experiences among Chinese consumers. Jiang Haiying, senior vice-president of Nestle Greater China Region and head of the coffee business…

CreateAI releases white paper on AI-driven animation production

Chinese artificial intelligence technology company CreateAI Holdings Inc on Wednesday released a white paper on the application and development of multimodal generative technology in animation production. The white paper provides a comprehensive analysis of 2D and 3D animation production workflow, detailing the transformative impact of multimodal generative technology across critical stages, including scriptwriting, storyboarding and…

HP reaffirms commitment to Chinese market despite tariffs

The logo of US tech company HP Inc is displayed at the China International Supply Chain Expo in Beijing, on Nov 26, 2024. [Photo/VCG] US tech company HP Inc has reiterated its long-term commitment to the Chinese market, emphasizing the country’s critical role in its global manufacturing and innovation strategies. Senior executives highlighted plans to…

Special bonds earmarked for data infrastructure

China will step up the input of central fiscal funds to support the construction of data infrastructure and make full use of ultra-long-term special treasury bonds to accelerate the building of architecture related to national data infrastructure, said the National Data Administration, the country’s top data governance regulator. Experts said the country’s latest move to…

Legoland Shanghai Resort to open on July 5

Legoland Shanghai Resort will open on July 5. [Photo provided to chinadaily.com.cn] Legoland Shanghai Resort, set to be the world’s largest Legoland at its opening, will officially open to visitors on July 5, announced Merlin Entertainments on Wednesday. “Announcing the grand opening date is a major milestone for Legoland Shanghai Resort,” said John Jakobsen, chief…

Chinese developers enter the fray at Apple coding competition

Chinese app developers are showcasing their talents at the Swift Student Challenge, a global coding competition for students organized by Apple Inc. Xu Tianyu, a senior student at Shanghai Institute of Technology, said her Swift Playgrounds project SignBridge, aims to address communication barriers between hearing-impaired and hearing individuals in campus environments. “My university is the…

A-share companies post sound 2024 performance

Investors check share prices at a securities brokerage in Shanghai. [Photo/China News Service] BEIJING — Most companies listed on China’s A-share market delivered robust performance last year, underscoring the vitality and resilience of the world’s second-largest economy. As of Tuesday, 5,304 firms listed on the Shanghai and Shenzhen stock exchanges had released their financial reports…

Suzano praises speed of China’s innovation cycle

A view of the booth of Suzano during an expo in Shanghai. [PHOTO/CHINA DAILY] China has the “perfect recipe for success” and is well prepared to face challenges amid global uncertainties, continuing to bring stability and confidence in business expansion, investment and technological innovation, said a senior executive. Pablo Machado, global executive vice-president of China…

New energy storage key to spur economy

A technician monitors energy storage equipment in Yibin, Sichuan province, in December. Zhuang Geer / for China Daily Leveraging its dominant position in electric vehicles, lithium batteries and solar panel manufacturing, China is now strategically positioned to tap into new-type energy storage as a key driver of economic expansion and energy security, said industry experts…

New Zealand kiwi fruit cooperative eyes further growth in China

Nathan Flowerday, chairman of Zespri. [Photo provided to chinadaily.com.cn] Zespri, a cooperative of kiwi fruit growers in New Zealand, is eyeing deeper penetration and sustained long-term growth in China, reaffirming its confidence in the world’s second-largest economy despite a sluggish global outlook. As Chinese consumers increasingly prioritize health and premium-quality produce, Zespri expects its China…