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Chinese tea chains expand overseas footprint

People pass by a Heytea pop-up store showcasing its “new-style tea” products in Paris on July 26, 2024. Huang Liang / For China Daily Chinese new-style tea brands are accelerating their push into overseas markets, leveraging product innovation, digital operations, and a growing global interest in health-boosting beverages. The trend marks a new phase in…

‘Eco stars’ exemplify industry, nature can coexist in harmony

A view of the BMW Brilliance plant in Shenyang, Liaoning province, in June 2022. XINHUA SHENYANG — A flock of sheep graze lazily on green grass as geese waddle by in a scene that could easily be mistaken for a meadow in the Chinese countryside. But the setting is far from rural. The animals live…

China’s private firms pioneer tech innovation amid policy support

Employees work on the production line of a factory in Ningde, Fujian province, in May. Wang Wangwang / For China Daily BEIJING — China’s private companies are spearheading breakthrough innovations across various key sectors, supported by favorable government policies that encourage entrepreneurship and unleash market vitality in technological advancement. The latest data show that the…

Audi’s lettermark brand put to the test in China

The AUDI E5 Sportback on display at the Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show in Shenzhen, Guangdong province, in June. CHINA DAILY Audi AG’s new China-only sub-brand, which drops its famous four rings in favor of a “lettermark” badge, is drawing both praise and skepticism after opening pre-sales of its first model last week.…

UHV project transmitting electricity to Hunan

The Ningxia-Hunan ±800 kilovolt ultra-high voltage direct current transmission project, which brings electricity from Northwest China’s Ningxia Hui autonomous region to Central China’s Hunan province, was put into operation on Wednesday, marking a significant step in the country’s push for renewable energy integration. The UHV transmission line, spanning 1,616 kilometers, is the first in China…

China’s power use hits historic high in July

Staff members from the State Grid Changzhou Power Supply Company check the safety of high-pressure chambers. [Photo provided to chinadaily.com.cn] China’s total power consumption reached a historic high in July, reaching 1.02 trillion kilowatt-hours, a year-on-year increase of 8.6 percent, the National Energy Administration said on Thursday. This marks the first time China’s monthly nationwide…

Youdao expands beyond education with AI-powered products

Youdao CEO Zhou Feng delivers a keynote speech at the company’s product launch ceremony. [Photo provided to chinadaily.com.cn] Youdao, the online education arm of Chinese tech firm NetEase, is widening its business horizons with artificial intelligence, rolling out new products that go beyond its core education segment as demand surges in cross-border e-commerce and short…

China expands overseas financing access to boost green development

China has launched a new pilot program to allow eligible enterprises greater access to overseas financing in support of green and low-carbon transformation projects, the country’s foreign exchange regulator said on Thursday. The program will encourage domestic non-financial enterprises to channel cross-border funds into projects that meet the green finance or low-carbon transformation standards set…

China’s NetDragon bets on AI to reshape global education with ‘3E’ model

Liu Dejian, chairman of NetDragon, appears as a digital avatar at the 2025 Global Smart Education Conference in Beijing. [Photo provided to chinadaily.com.cn] Chinese gaming and education company NetDragon Websoft is sharpening its bet on artificial intelligence to drive growth in the global education market, unveiling new products and partnerships at the 2025 Global Smart Education…