The Lego Group has reported double-digit growth in both revenue and operating profit for 2025. [Photo provided to chinadaily.com.cn] The Lego Group has reported double-digit growth in both revenue and operating profit for 2025, with a rebound performance in the Chinese market. According to the Danish toy manufacturer, revenue rose 12 percent to DKK 83.5…
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China has been doubling down on surplus. It is a mercantilist approach and it is hard to see as sustainable indefinitely in a world where the adjustment has to land somewhere else.Our view is that 2026 is likely to be the year that unrest becomes more visible. Not only in advanced economies, where trade defence…
The Appliance & Electronics World Expo is ongoing in Shanghai, where more than 1,200 companies from around the world are showcasing cutting-edge technologies, artificial intelligence applications and smart ecosystems. Click the video to find out how the image of made-in-China products has changed in the eyes of international visitors. Tanks to chinadaily.com.cn Please visit: Our…
With China accelerating industrial upgrading and green transformation under the 15th Five-Year Plan (2026-30), Swiss technology company ABB Group sees significant opportunities to deepen its presence in the Chinese market while supporting the country’s transition toward intelligent and low-carbon development, a senior executive said. According to the outline of the five-year plan, China will upgrade…
Chinese electric vehicle maker Nio is eyeing full-year profitability in 2026 after delivering on its repeated promise of getting out of the red in the fourth quarter last year. The 11-year-old company posted its first-ever quarterly profit last week: an adjusted operating profit of 1.25 billion yuan ($178.9 million) and a net profit of 282.7…
Volunteers in Hangzhou, Zhejiang province teach local residents on Wednesday how to use Open-Claw, an autonomous, open-source AI agent that leverages large language models to perform everyday tasks. LIN YUNLONG/FOR CHINA DAILY A programmer in San Francisco types a prompt and hits “enter”. In milliseconds, the request travels through a fiber-optic cable beneath the Pacific…
Volunteers in Hangzhou, Zhejiang province teach local residents on Wednesday how to use Open-Claw, an autonomous, open-source AI agent that leverages large language models to perform everyday tasks. LIN YUNLONG/FOR CHINA DAILY A programmer in San Francisco types a prompt and hits “enter”. In milliseconds, the request travels through a fiber-optic cable beneath the Pacific…
URUMQI — In the course of the past 10 years, Horgos Railway Port in Northwest China’s Xinjiang Uygur autonomous region has become one of the busiest gateways for China-Europe freight trains, handling more than 19,000 train trips since the first train departed in March 2016. Data from Horgos Railway Station show that the variety of…
Zeiss Vision places high priority on China, vowing sustained investment and positioning the country not only as a key market but also as a core global innovation engine that drives advancements for the world, a senior executive said. For the next five years, the German manufacturer of eyeglass lenses and ophthalmic instruments will focus on…