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Opella to deepen presence in nation

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Opella, a consumer healthcare company based in France, is deepening its commitment to China, hailing the country as both a core market and a future hub for growth and innovation. “China is the world’s most promising over-the-counter market and one of the fastest-growing globally. For Opella, it is an indispensable core market and growth engine,”…

Chinese e-commerce firms should tap local payment systems, executives say

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Tristan Chiappini, senior vice-president at PPRO APAC. [Photo provided to chinadaily.com.cn] With Chinese cross-border e-commerce contentiously expanding globally, local payments are seen as of greater significance to seize opportunities and boost business growth worldwide, especially in emerging markets, said senior business executives in Shanghai on Tuesday. The global e-commerce market has been growing rapidly in…

CNOOC achieves milestone in heavy oil recovery

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A CNOOC drilling platform operates off Huizhou, Guangdong province. XINHUA China National Offshore Oil Corp’s breakthrough in offshore heavy oil thermal recovery has unlocked access to a vast reserve of previously inaccessible heavy oil, bolstering China’s energy security and reducing its reliance on imports, said industry experts. CNOOC announced on Saturday that its offshore heavy oil…

Household service providers in Xiamen see robust growth

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A domestic helper at Home King, a household service platform, cleans a jacket inside a company workshop in Xiamen, Fujian province, on Aug 24. ZHU WENQIAN/CHINA DAILY Home King, a Xiamen-based home services platform, has seen rapid growth in its sales revenue, fueled by growing demand for household services, especially from young consumers. The company said…

China announces anti-circumvention measures on certain US optical fiber imports

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China’s Ministry of Commerce announced on Thursday that it has imposed anti-circumvention measures on imports of certain cut-off shifted single-mode optical fiber products originating from the United States, effective immediately. The measures are the result of an investigation initiated on March 4 this year at the request of domestic companies, according to a ministry statement…

Better profits seen as key to boosting A-share market

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Improved profits of listed companies, likely to be sustained by China’s supportive policies and economic recovery, will be an important driver of A-share market performance in the following months, experts said. The comments came after the average net profits of A-share companies rose 9.02 percentage points year-on-year to 2.43 percent during the first six months,…

Latest US chip move harmful to global chain

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The United States government’s latest move to revoke authorizations that allow three semiconductor companies with operations in China to receive US semiconductor manufacturing equipment will wreak havoc on global semiconductor industrial and supply chains and impede international technological cooperation, said officials and experts. Chinese chip companies, however, are expected to double down on indigenous innovation…

World Smart Industry Expo 2025 to open in China’s Chongqing

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Share – WeChat A journalist sits in an electric vertical take-off-and-landing (eVTOL) aircraft at the venue of the World Smart Industry Expo 2025 in Southwest China’s Chongqing, Sept 4, 2025. The expo is scheduled for Sept 5 to 8 in Chongqing to present cutting-edge achievements of the smart industry through professional exhibitions. [Photo/Xinhua] 1 2…

Astellas plans further expansion in China

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Japanese pharmaceutical firm Astellas is aiming for a strong performance in China over the next few years following its fast-track development in China, especially as the country has been one of the five major global markets for the company since 2019, a senior executive said. In the past year, the company achieved a record seven…

Island carves niche as exotic wedding venue

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Visitors wander along Zhongshan Road pedestrian street in downtown Xiamen, Fujian province, on Aug 22. ZHU WENQIAN/CHINA DAILY Gulangyu Island in Xiamen, East China’s Fujian province, has developed an economic sweet spot following the launch of the country’s first park-style marriage registration center at the tranquil destination known for its focus on culture, music and romance.…