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Chinese bubble tea maker sets Hong Kong IPO financing record

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Consumers gather at a Mixue Bingcheng store in Shenzhen, Guangdong province. CHINA DAILY ZHENGZHOU – Chinese beverage company Mixue Bingcheng’s public offering subscription phase concluded on Wednesday, with the financing amount setting a new record for IPOs on the Hong Kong stock market. In its current IPO, Mixue Bingcheng, headquartered in Zhengzhou, capital city of…

China to speed up airport customs clearance of high-tech, medical goods

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BEIJING – Chinese authorities announced Wednesday that the country would accelerate airport customs clearance for special goods, such as high-tech equipment and raw materials, certain medicines, medical devices and biological products. The move aims to further boost international air transport development and facilitate trade and personnel exchanges, according to a joint statement from the General…

High-tech zones leading AI, new energy forward

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A humanoid robot from “Walker” series of UBTECH conducts sorting work at the Beijing World of Robots in Beijing, Feb 24, 2025. [Photo/Xinhua] China’s national high-tech industrial development zones, the backbone of the country’s forward-looking technology sector, are stepping up the push to cultivate emerging sectors such as humanoid robots, quantum information, new energy storage…

Tianjin Port sets single-vessel record for vehicle transportation

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Over 4,000 domestically produced vehicles, including some from Great Wall Motor, are shipped from the Global Ro-Ro Terminal at the Tianjin Port to international markets on Feb 26. [Provided to chinadaily.com.cn] Over 4,000 domestically produced vehicles, including some from Great Wall Motor, were shipped from the Global Ro-Ro Terminal at the Tianjin Port to international…

70% of EU citizens used online public services in 2024

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Shandong farmers receive easier medical diagnoses at their doorsteps

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In Juancheng county, Shandong province, farmer Zhang Shiqin, who has limited mobility, was grateful to receive a free medical diagnosis in his home village of Shenkou, Yanshi town. On Feb 24, the Yanshi township central hospital organized a “Free Diagnosis of Health into Rural Areas and Offer a Warm-hearted Service for Farmers” initiative. Hospital staff…

‘Debut economy’ boosts China’s consumption vitality

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In China’s southern tech hub Shenzhen smartphone maker Oppo last week unveiled its latest flagship product — a foldable Find N5 notable for its slimness and lightness. [Photo/VCG] SHENZHEN – In China’s southern tech hub Shenzhen smartphone maker Oppo last week unveiled its latest flagship product — a foldable Find N5 notable for its slimness…

China’s market regulator assures industry leaders of fair market environment

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The skyline of Beijing. [Photo/VCG] The State Administration for Market Regulation, China’s top industry regulator, held a symposium on fair competition with executives from seven major companies, including energy and internet leaders, on Tuesday. Participants included Trina Solar, JA Solar, LONGi, Alibaba Group, JD, BAIC Group and Mercedes-Benz Group. Led by SAMR Deputy Director Meng…

Juancheng farmers benefit from cross-village resource sharing

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Feng Yangjin, manager of an ecological park in grain-producing Juancheng county in Shandong province, is ambitious of his business expansion amid a local government initiative promoting cross-village resource sharing. His Fengzhuang Ecological Park, located in Zhengying town, is a beneficiary of the local “cross-village joint construction” mechanism adhering to a principle of “adjacent location, similar…

Shanghai strengthens IP protection for foreign enterprises

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Tourists gather at the downtown area of Shanghai. [WANG GANG/FOR CHINA DAILY] BEIJING – Shanghai, a metropolis hosting over 75,000 foreign enterprises, is committed to providing equal intellectual property (IP) protection for international innovators as part of its efforts to foster a fair business environment, according to the local IP authority on Tuesday. The city…