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Businessman hails growing China-Uruguay ties

This photo taken on Nov 10, 2022 shows Gabriel Martin in his steakhouse in Wuhu, East China’s Anhui province. [Photo/Xinhua] HEFEI — Seated in his steakhouse in Wuhu, Anhui province, Uruguayan businessman Gabriel Martin is engrossed in his work as steaks sizzle on the grill in the bright, open kitchen. He has just returned from…

Ningxia Jiafeng Chemicals sets sights on expansion

Employees of Ningxia Jiafeng Chemicals inspect equipment at a production facility in Shizuishan, Ningxia Hui autonomous region. CHINA DAILY Ningxia Jiafeng Chemicals Co Ltd is rapidly consolidating its position in the global supply chain for a key diabetes drug ingredient, and the company anticipates a public listing, said its chairman in an interview with China…

Ningxia Jiafeng Chemicals sets sights on expansion

Employees of Ningxia Jiafeng Chemicals inspect equipment at a production facility in Shizuishan, Ningxia Hui autonomous region. CHINA DAILY Ningxia Jiafeng Chemicals Co Ltd is rapidly consolidating its position in the global supply chain for a key diabetes drug ingredient, and the company anticipates a public listing, said its chairman in an interview with China…

Tapestry eyes fashion savvy youth market

A shopper walks past a Coach store in Sanya, Hainan province, on March 5. Tapestry Inc is the parent holding group of Coach. CHENG XIN/GETTY IMAGES Tapestry Inc, a United States-based fashion group, will sharpen its focus on China’s young consumers as it expands its store network and deepens local innovation, said its top executive.…

ABB sees potential in nation’s upgrade

China will remain a strategic anchor for ABB Group, evolving from a key market into a major hub for advanced manufacturing and innovation, as the country accelerates its shift toward green and technology-driven growth, said the company’s top executive. Morten Wierod, CEO of the Swiss tech company, said ABB sees strong alignment between its strategic…

China offers enabling climate for global firms

Bill Winters (second from left), group chief executive of Standard Chartered, and Zhang Baojiang (second from right), president of the Bank of Communications, greet each other during a panel discussion of the China Development Forum in Beijing on Monday. Guests at the symposium shared their insights into the role of financial innovation in supporting high-quality…

Chinese brands shine at intl awards for innovation

Chinese consumer brands — no longer mere followers but global trendsetters — edged out stiff international competition to win a number of honors at the Mintel Most Innovative 2026 awards, highlighting the market’s growing influence on product innovation worldwide, the marketing research company said. Of the 72 winning products covering consumer-packaged goods from the beauty,…

China promotes open science cooperation

Guests view a wheeled humanoid robot (left) and a quadruped robot dog on Wednesday during the 2026 Zhongguancun Forum in Beijing. The forum, which opened on Wednesday and will run through Sunday, has attracted participants from over 100 countries and regions. ZOU HONG / CHINA DAILY Amid intensifying geopolitical competition in high-tech sectors, China unveiled…

Unitree Robotics accelerates production to meet surging global demand

Unitree Robotics is accelerating efforts to expand its production capacity to meet surging global demand in the rapidly evolving robotics sector, the company told China Daily. The Shanghai Stock Exchange said on March 20 that it has accepted the initial public offering application of Unitree Robotics. According to the company’s prospectus, it plans to raise…

China CITIC Bank posts 2.98% profit growth in 2025, assets top 10t yuan

China CITIC Bank recorded a net profit attributable to its shareholders of 70.62 billion yuan ($10.24 billion) in 2025, up 2.98 percent year-on-year. The nationwide joint-stock commercial lender combined efforts to stabilize income and reduce costs to create more room for profit growth last year, Fang Heying, chairman of China CITIC Bank, said. Looking ahead,…