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AstraZeneca to strengthen cooperation with China

This photo taken on Nov 7, 2025 shows the booth of AstraZeneca at the Medical Equipment and Healthcare Products Exhibition Area of the eighth China International Import Expo (CIIE) in East China’s Shanghai. [Photo/VCG] AstraZeneca’s decision to invest more than 100 billion yuan ($14.39 billion) in China by 2030 marks a new chapter for the…

China’s shipbuilding sector maintains global lead in 2025

BEIJING — China’s shipbuilding industry maintained the world’s largest market share in terms of three major indicators for the 16th consecutive year in 2025, according to data released by the Ministry of Industry and Information Technology on Sunday. The country’s shipbuilding output reached 53.69 million deadweight tons (DWT) in 2025, up 11.4 percent year-on-year and…

High-altitude solar power base in Sichuan plateau connects to grid

The first set of photovoltaic arrays at the Xiaojinchuan River Basin solar power base in Sichuan province was connected to the grid on Wednesday, marking a breakthrough in the integrated development of clean energy storage systems in high-altitude regions. The project is located on the western Sichuan plateau at an average elevation of 3,700 meters.…

Danish minister: Healthcare a key area of China-Denmark cooperation

Morten Bodskov, minister for industry, business and financial affairs of Denmark, gives a speech during a China-Denmark medical device innovation exchange in Shanghai on Jan 29, 2026. [Photo provided to chinadaily.com.cn] Morten Bodskov, minister for industry, business and financial affairs of Denmark, said healthcare is a key area of Danish-Sino cooperation, hoping that technological innovation…

China, UK to further deepen business relations

China and the United Kingdom signed four economic and trade cooperation documents on Thursday, stepping up engagement in bilateral economic mechanisms, goods and services trade, as the two sides seek to further deepen business ties, according to a statement released by the Ministry of Commerce. One of the key agreements was a memorandum of understanding…

Chinese AI chips gaining market traction

In the wake of the United States’ export controls on advanced chips, China’s push for self-sufficiency in artificial intelligence processors is gaining remarkable momentum, with at least nine domestic chip companies having surpassed a significant threshold of 10,000 units in terms of order shipments, according to experts and executives. This 10,000-chip club signals that domestic…

China-UK opportunities in Hurun’s view

As the UK Prime Minister Keir Starmer continued his China visit in Shanghai, Rupert Hoogewerf, Chairman & Chief Research Officer of Hurun Report, told China Daily that he is excited to see British industry leaders travel with Starmer to visit China as they are able to witness China’s rapid developments on life science, consumer electronics…

China moves to strengthen disclosure on public investment funds

China’s top securities regulator released on Friday draft revisions to rules on information disclosure by publicly offered investment funds, stepping up requirements on reporting investment returns to improve transparency and better protect investors. According to the draft rules, the regulator will streamline disclosure items that are currently duplicated or similar across annual, semiannual and quarterly…

China’s investment in key energy projects up nearly 11 percent year-on-year in 2025

Workers install wind turbines at a wind farm project construction site in Ruichang, Jiangxi province, on Dec 19. WEI DONGSHENG/FOR CHINA DAILY China’s investment in key energy projects reached a historic milestone in 2025, surpassing 3.5 trillion yuan ($485 billion) for the first time as the nation accelerates its transition toward a greener power grid,…

Estee Lauder accelerates innovation in consumer experience scenarios

Estee Lauder’s French luxury skincare brand, Darphin Paris, unveils its first flagship store in Shanghai on Jan 28, 2026. [Photo provided to chinadaily.com.cn] The Estee Lauder Companies Inc’s French luxury skincare brand, Darphin Paris, has unveiled its first flagship store in Shanghai on Jan 28, featuring the world’s first structural restoration and firming center, as…