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Multinational firms unveil China strategies and investments at CIIE

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Gnosis, the human nutrition and health division of French biotechnology leader Lesaffre Group, unveils its new global brand image and announces its deepened global and China strategies at the eighth China International Import Expo (CIIE) in Shanghai. [Photo provided to chinadaily.com.cn] Recognizing the ongoing China International Import Expo (CIIE) in Shanghai as a globally prominent…

Wuzhen’s World Internet Science and Technology Museum reopens with new highlights

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Models of characters from the Black Myth: Wukong and Black Myth: Zhong Kui games draw crowds at the World Internet Science and Technology Museum in Wuzhen, Zhejiang province on Friday. [Photo by Zheng Chenxiao/chinadaily.com.cn] Wuzhen’s World Internet Science and Technology Museum, the world’s first large scale museum dedicated to the internet, reopened Friday following a comprehensive renovation. With more…

China to pump more resources into industrial innovation

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China will direct more fiscal resources towards industrial innovation, pursue breakthroughs in core technologies, foster emerging and future-oriented industries, and promote the transformation and upgrading of the manufacturing sector, the Ministry of Finance said on Friday. The allocation, management and use of fiscal funds for science and technology will be improved, with better coordination of…

Chinese cybersecurity firm among winners at World Internet Conference awards

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The chairman of Chinese cybersecurity firm DAS-Security has expressed the company’s delight at winning the Distinguished Contribution Award at the 2025 World Internet Conference (WIC). A total of 14 enterprises were recognized for breakthroughs in global internet development and governance at the WIC summit in Wuzhen, Zhejiang province. “We are honored and grateful,” said Fan…

China’s forex and gold reserves rise in October

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China’s foreign exchange reserves increased for the third consecutive month in October to a new decade high, while the country’s official gold reserves rose for the 12th consecutive month, according to official data. The country’s foreign exchange reserves increased to $3.3433 trillion as of the end of October, up 0.14 percent or $4.7 billion from…

Food, drinks & tobacco sales mildly up in September 2025

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China’s major steelmakers post record 9-month profit in 4 years

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Profits of key steel enterprises in the first three quarters of 2025 hit their highest level for the same period in the past four years, according to Jiang Wei, vice-chairman and secretary-general of the China Iron and Steel Association. The surge was driven by the steel industry’s efforts in production control, supply optimization, industrial upgrading…

Starbucks sells major China biz stake to Boyu

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Consumers seen at a Starbucks store in Hangzhou, Zhejiang province, on Sept 9. LONG WEI/FOR CHINA DAILY Starbucks Coffee Co announced on Tuesday that it has sold a majority stake in its China business to Boyu Capital, a leading Chinese investment firm, forming a joint venture that will operate Starbucks’ retail operations in the country.…

Temporary protection decisions highest in 2 years

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