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Eastman grows China foothold to meet rising demand

Engineers carry out quality checks on automotive film products at a workshop in Eastman’s plant in Dalian, Liaoning province in early June, 2025. [Photo provided to chinadaily.com.cn] Eastman Chemical Co, a United States-based specialty materials manufacturer, will further enhance its foothold in China with expanded investments in innovation, manufacturing and sustainability, said its senior executives.…

Euro area job vacancy rate at 2.4%

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Number of asylum applications declined in March 2025

In March 2025, 57 925 first-time asylum applicants (non-EU citizens) applied for international protection in EU countries, marking a 23% decrease compared with March 2024 (75 040) and a 2% decline compared with February 2025 (59 085).  There were also 7 430 subsequent applicants, representing a 4% increase compared with March 2024 (7 170) and…

China Eastern Airlines ups coffee experience with new brew

Nestle China and China Eastern Airlines have unveiled the “Yunnan Single-Origin Drip Bag Coffee” on Monday, marking a stride into the premium coffee market and enhancing customer experience for air travelers. [Photo provided to chinadaily.com.cn] Nestle China and China Eastern Airlines have unveiled the “Yunnan Single-Origin Drip Bag Coffee” on Monday, marking a stride into…

China Slips to Secondary Partner in EU Exports

Since 2021, China’s share of total EU exports has remained below the 10% threshold, marking the end of a brief five-year stretch (2017–2021) when it ranked as a primary trade partner. In 2025, the share is projected to fall below 2012 levels. In macro-level trade analysis, countries accounting for over 10% of exports are typically…

Xpeng, BP pulse unveil first jointly operated charging station

BP’s electric vehicle (EV) charging brand, BP pulse, and Chinese electric vehicle maker Xpeng Inc recently launched their first jointly operated charging station in Guangzhou, marking the initial step in their strategic partnership announced in January. The Guangzhou station boasts an industry-leading configuration with 30 charging piles and 50 charging guns, including 480kW ultra-fast charging…

Huawei unveils new phones to target photography lovers

Yu Chengdong, chairman of Huawei’s device business group, unveils the company’s latest Pura 80 series smartphones. [Photo provided to chinadaily.com.cn] Huawei Technologies Co has launched its highly anticipated Pura 80 Series, the latest iteration of its premium flagship smartphone line focused on imaging prowess. The significant camera enhancements stand as the centerpiece of this release.…

BMW urges online integrity, responsibility at internet forum

BMW showcases its Neue Klasse X model at the Shanghai auto show in April 2025. [Photo by Li Fusheng/chinadaily.com.cn] German premium auto manufacturer BMW called for online integrity and responsibility at the 2025 China Internet Civilization Conference, as the first major foreign carmaker to participate in the event held in Hefei, Anhui province from Tuesday…

Ant unit seeks stablecoin issuer permit in Hong Kong

The headquarters of Ant Group in Beijing, March 4, 2025. [Photo/VCG] Ant Digital Technologies, the digital technology subsidiary of Chinese mainland fintech giant Ant Group, has commenced the application process for a stablecoin issuer license in Hong Kong. Bian Zhuoqun, vice-president of Ant Group and president of blockchain business at Ant Digital Technologies, said the company…

Carmakers vow to ensure timely payments for suppliers

A robot operates equipment on the assembly line of an automaker in Xi’an, Shaanxi province. YUAN JINGZHI/FOR CHINA DAILY China’s top industry regulator voiced support on Thursday for domestic automakers’ commitments to shorten payment terms for suppliers. The move is believed to have great significance in curbing destructive cutthroat competition and promoting the healthy development…