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…
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…
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…
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.…
Cultural tourism promoters receive their certification from the digital platform Cloudverse at the launch ceremony in Beijing on Aug 22. [Photo provided to China Daily] With… Read More »Cutting-edge tourism platform opens new chapter for traditional art
Cosmo Lady, one of the country’s largest lingerie enterprises, realized a sharp increase in sales through joint venture e-commerce channels in the first half of 2025. [Photo provided to chinadaily.com.cn] China’s booming e-commerce sector has helped drive sales of lingerie products for Cosmo Lady, one of the country’s largest lingerie enterprises, in the first half…
Chinese vaccine company Sinovac Biotech Ltd has teamed up with 69 partner companies to launch the Laifu Initiative, which is aimed at strengthening innovation and resilience across China’s biopharmaceutical supply chain. The initiative was unveiled at Sinovac’s recent supply chain ecosystem conference in Beijing. The joint effort reflects a broader shift in China’s biopharma sector…
GAC Group, based in Guangzhou, the capital of Guangdong province, has established four KD factories in Nigeria, Thailand, Malaysia and Indonesia. Photo provided to chinadaily.com.cn GAC Group, an automobile manufacturer based in Guangzhou, the capital of Guangdong province, realized a sharp increase in overseas sales of its independent brands in the first half of 2025,…
Chinese tech giant Alibaba Group Holding Ltd said its revenue stood at 247.65 billion yuan ($34.6 billion) during the April-June period, an increase of 2 percent year-on-year, with its core e-commerce and cloud computing businesses reporting robust growth. The company’s net income stood at 42.4 billion yuan during the second quarter, up 76 percent year-on-year,…
Exports EU agri-food exports reached €19.9 billion in May, a slight fall (−1%) from April, but still 1% higher than in May 2024. Between January… Read More »EU agri-food trade remains stable in May