Skip to content

News

China urges cooperation from Netherlands to resolve Nexperia issue

  • by

[Photo/Agencies] China has urged the Dutch government to demonstrate a genuine willingness to cooperate with China and promptly advance substantive proposals to resolve the issues regarding Nexperia, a Chinese-owned semiconductor company based in the Netherlands, the Ministry of Commerce said. Following China’s agreement to a request by the Dutch Ministry of Economic Affairs to send…

Zeiss doubling down on presence in China’s regions

  • by

Visitors check out medical devices on display at the Zeiss Group booth during the eighth China International Import Expo (CIIE) in Shanghai, Nov 11, 2025. [Photo/VCG] Zeiss Group, a German manufacturer of optical systems and optoelectronics, is to expand its presence in the Yangtze River Delta region and the Guangdong-Hong Kong-Macao Greater Bay Area during…

Baidu advances AI with new Kunlun chips and Ernie 5.0 model

  • by

Robin Li, co-founder, chairman and CEO of Baidu Inc delivers a speech at Baidu World 2025. [Photo provided to chinadaily.com.cn] Chinese tech giant Baidu Inc on Thursday unveiled the latest generation of its self-developed Kunlun chips and the upgraded version of its large language model Ernie 5.0, marking a significant step in boosting the innovation…

Nexperia stand-off could have broader market implications, experts say

  • by

The Dutch government’s decision to distort facts and persist in unilateral actions is counterproductive to resolving issues regarding Nexperia, a Chinese-owned semiconductor company based in the Netherlands, market watchers said, warning that such actions will only heighten tensions with China. The Dutch government announced on Sept 30 that it would take control of Nexperia for…

KraussMaffei eyes growth driven by nation’s innovation

  • by

Visitors gather at KraussMaffei’s booth during the 8th China International Import Expo in Shanghai on Nov 6. CHINA DAILY China offers a vast and increasingly sophisticated market for the advanced manufacturing technologies of KraussMaffei, expanding automotive, medical and electronics sectors, a top executive said. China’s strong focus on innovation, coupled with government policies promoting high-tech…

Singles Day sales surge 14.2% to record $238b

  • by

Staff members sort packages at a delivery distribution center in Haikou, Hainan province, on Nov 11, 2025. [Photo/VCG] Online retail sales across comprehensive e-commerce platforms, instant retail and community group buying during this year’s Singles Day shopping festival reached 1.695 trillion yuan ($238.3 billion), an increase of 14.2 percent year-on-year, according to Chinese data analytics…

Henkel’s innovations showcased at CIIE

  • by

People check out products from Henkel during the eighth CIIE on Nov 6. ZHANG WEI/CHINA DAILY Henkel Consumer Brands, a division of Henkel Group, highlighted its strengthened commitment to the Chinese market at the just-concluded China International Import Expo in Shanghai, and showcased several new hair care products and innovations that underline its strategy of…

Chile Week China 2025 enhances bilateral ties

  • by

The recent Chile Week China 2025 has yielded fruitful results in strengthening economic and trade cooperation between Chile and China. This year’s event celebrated the 55th anniversary of diplomatic relations and the 20th anniversary of the free-trade agreement between the two nations. During the event, several agreements were signed to foster bilateral cooperation. In Tianjin,…

‘Flying taxis’ reinventing future of urban air mobility

  • by

Visitors try the Matrix 1 electric vertical takeoff and landing aircraft at the booth of VerTaxi at the Automobile and Smart Mobility exhibition area of the eighth China International Import Expo (CIIE) in Shanghai, Nov 8, 2025. [Photo/Xinhua] Four leading electric vertical takeoff and landing aircraft makers have expressed their confidence in China’s low-altitude economy…

Luxury leasing market gains traction in HK

  • by

The luxury rental market in the Hong Kong Special Administrative Region is gaining momentum, driven by steady demand from an influx of deep-pocketed individuals and high-end professionals. Industry experts anticipate that rents in the city’s prime residential districts will continue climbing in the year ahead. The Peak and the Southern district — two of Hong…