Covestro board of management members and employees celebrate the company’s 10th anniversary in front of a branded bus at its headquarters in Leverkusen. CHINA DAILY Since stepping out from the German multinational Bayer in 2015, Covestro has grown into a global leader in high-performance polymer materials, widely recognized for its pioneering role in advancing the…
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The Chinese company Jiangsu Hengrui Pharmaceuticals said in a statement on Monday that it has received conditional approval from the National Medical Products Administration for its new cancer drug, Zeprumetostat. The treatment has been cleared for use by adult patients with relapsed or refractory peripheral T-cell lymphoma who have already received at least one systemic…
MANILA — The Asian Development Bank (ADB) announced Tuesday the appointment of Asif Cheema as its new country director for China. Cheema will oversee ADB’s operations in China, including the implementation of the Country Partnership Strategy, which focuses on high-quality and sustainable development. Since joining the ADB in 2014, Cheema has held several senior positions…
China’s Village Super League soccer tournament and blockbuster films proved to be some of the highlights of the nation’s summer holiday consumption. The country’s railway network dealt with a total of 943 million passenger trips during the 2025 summer rush, up 4.7 percent year-on-year, while the country’s civil aviation sector handled 147 million passenger trips…
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,”…
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…
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…
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’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…