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China drives over 30% of global manufacturing growth during 2021-2025

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BEIJING — China’s manufacturing value-added output is expected to have increased by more than 8 trillion yuan (about $1.13 trillion) during the 14th Five-Year Plan period (2021-2025), contributing over 30 percent of global growth, an official said on Tuesday. China has maintained its position as the world’s largest manufacturer for 15 straight years, Li Lecheng,…

Sanofi’s innovative diabetes injection Tzield wins approval in China

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Sanofi’s Tzield is exhibited during the China International Import Expo held in Shanghai in November 2023. [Photo provided to chinadaily.com.cn] French pharmaceutical giant Sanofi announced recently that its Tzield has been approved by China’s National Medical Products Administration. The innovative injection, which is used for postponing the onset of stage 3 type 1 diabetes in…

Renovating historic buildings in Shanghai and preserving original way of life

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Tianzifang, part of the neighborhoods of Shikumen in Shanghai, showcases the city’s artistic spirit, transforming itself into a vibrant hub for creativity. [Photo provided to chinadaily.com.cn] Amid the country’s growing urbanization, Shanghai — often dubbed an “Enchanted City” where East meets West and where modernity intertwines with history — needs to handle renovating its historic…

Starbucks says it is creating ‘interest-community hubs’

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Starbucks China on Tuesday announced a partnership with the Chinese lifestyle-sharing app Xiaohongshu, or RedNote, application, to launch the exclusive “interest-community space” program, aiming to better engage with the country’s booming interest-based communities. [Photo provided to chinadaily.com.cn] Starbucks China on Tuesday announced a partnership with the Chinese lifestyle-sharing app Xiaohongshu, or RedNote, application, to launch…

Nonfossil sources to play big role in use of energy

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Driven by rapid growth in wind, solar, hydro and nuclear power, nonfossil energy sources are projected to account for approximately 35 percent of China’s total energy consumption by 2035, and rise to around 80 percent by 2060, according to a new industry report. The “China Energy Outlook 2025-2060” report, released by China Energy Investment Corp…

SGX eyes closer ties with Chinese bourses

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As the Chinese equity market has been on an upswing this year on the back of the country’s continued economic recovery, SGX Group (Singapore Exchange) will deepen cooperation with Chinese bourses and better meet the fundraising and expansion needs of Chinese companies, said Loh Boon Chye, CEO of SGX Group. Loh made the remarks during…

French cosmetics brand Guerlain blends global innovation with local creativity

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Visitors check products at Guerlain’s booth during a business event in Beijing in late August. [Photo provided to chinadaily.com.cn] Guerlain, a French company under LVMH Group, offering perfumes, makeup and skincare products, will continue blending local creativity with digital expansion and leveraging e-commerce growth to capture greater market share in China, said its top executive.…

Chinese furniture manufacturer expands R&D and global operations

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Editor’s note: The China Association for Public Companies, together with China Daily and other media outlets, has launched the initiative Listed Companies in Action: My Five Years in the 14th Five-Year Plan (2021-25), highlighting the achievements of Chinese listed companies in advancing high-quality development. An aerial view of Heng Lin Home Furnishings Co Ltd’s production base…

Robots entering Chinese homes

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A staff member introduces an elderly care robot during the World Smart Industry Expo 2025 in Southwest China’s Chongqing on Friday. The expo brought together more than 600 businesses, showcasing over 3,000 innovations in the smart industry. [Photo/Xinhua] CHONGQING — During the World Smart Industry Expo 2025, crowds of visitors gathered at the booth of…