Skip to content

News

EVP at Mastercard: Shopping in China is so seamless

Pratik Khowala, executive vice-president and global head of transfer solutions at Mastercard said shopping in China has become so seamless which he feels is going to be transformational for every foreigner coming into China. “It’s becoming very easy for a foreigner to come and shop”, he said. Talking about his must-buy items, he noted tea…

EVP at Mastercard: Shopping in China is so seamless

Pratik Khowala, executive vice-president and global head of transfer solutions at Mastercard said shopping in China has become so seamless which he feels is going to be transformational for every foreigner coming into China. “It’s becoming very easy for a foreigner to come and shop”, he said. Talking about his must-buy items, he noted tea…

Organon sees opportunities in China’s push for high-quality population development

Organon, a global healthcare company, said China’s efforts to improve population development and advance a more health-centered medical system are creating fresh opportunities for global healthcare companies on the sidelines of the China Development Forum 2026 in Beijing. The company said it sees strong potential in areas such as women’s health, fertility support and chronic…

China’s central SOEs urged to step up investment in Xiong’an New Area

BEIJING – China’s state-owned enterprises (SOEs) directly administered by the central government are urged to intensify relocation to and investment in the Xiong’an New Area in North China’s Hebei province, as part of broader efforts to support the area’s high-quality development. A meeting held on Tuesday by the State-owned Assets Supervision and Administration Commission of…

Ningxia wines set to boost outreach

A farmer harvests wine grapes at Minning town, Yongning county in Yinchuan, Northwest China’s Ningxia Hui autonomous region, Oct 14, 2025. [Photo/Xinhua] At the ongoing 114th China Food and Drinks Fair in Chengdu, Sichuan province, a matchmaking salon was held on Tuesday to promote wine from the Ningxia Hui autonomous region to markets in Southeast…

US pharma company expands partnerships in China

As China accelerates the development of new quality productive forces and advances high-level opening-up, the country continues to create a favorable environment for innovation and international cooperation. In an exclusive interview with China Daily on the sidelines of the China Development Forum 2026, Jérôme Bouyer, senior vice-president of US pharmaceutical company AbbVie and president of…

Greater global role for RMB seen as key

Amid mounting strains on the US dollar-dominated global monetary system, renminbi internationalization is emerging as an increasingly important trend — one expected to underpin China’s high-quality development while contributing to global financial stability and development, experts and business executives said on Monday. Zhu Min, former deputy managing director of the International Monetary Fund, said promoting…