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Adults seen as key driver to Lego’s growth in China

Consumers take photos of Lego exhibits at a shopping center in Shanghai on June 15. CHEN YUYU/FOR CHINA DAILY Lego Group is betting on the country’s expanding toy market by investing in retail innovation, locally relevant branding and adult-focused products as the Danish toymaker ramps up the next phase of growth. The company’s strategy is…

New measures aim to boost cross-border investment

China is set to roll out a new package of measures to further facilitate cross-border investment and financing, the State Administration of Foreign Exchange said on Friday. The measures will focus on further facilitating direct investment, advancing high-standard opening-up in cross-border financing and streamlining registration procedures for capital-account transactions, said Xiao Sheng, head of SAFE’s…

Shanghai emerges as international research and development hub

Visitors try their hand at novel devices at the SMC Shanghai Foundation Model Innovation Center during a WAIC City Walk. CHINA DAILY As the 15th Five-Year Plan (2026-30) outline calls for seizing the commanding heights of industrial artificial intelligence applications and delivering comprehensive empowerment to all sectors of the economy, the nationwide AI-driven industrial transformation…

A glance at tech solutions on display

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Innovating locally for global scale

A robot prepares a meal at the 2026 World Artificial Intelligence Conference and High-Level Meeting on Global AI Governance in Shanghai, on July 16. [Photo/VCG] Editor’s note: After the release of China’s first-half 2026 economic data, China Daily invited chief executives and senior leaders from key multinational companies to share their perspectives on the world’s…

Brewer taps World Cup to boost China’s neighborhood bars

As an expanded FIFA World Cup plays out in China’s wee hours, brewer AB InBev is using the global tournament to help stimulate the country’s nighttime economy by enticing fans into small local bars and restaurants. During the tournament, the company is promoting viewing parties, running retail campaigns and leveraging its global “Cheers to Bars”…

China firmly opposes UK nationalization of British Steel

Copyright 1994 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested…

1st unified cost rules in place for auto sector

China unveiled its first unified cost calculation rules for vehicles on Wednesday, a move expected to fill a long-standing standards gap in the auto industry and help curb disorderly price competition. The unified rules, which currently remain a group standard, were led by the China Association of Automobile Manufacturers and jointly developed by 18 major…