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China’s economic growth is on course to achieve its annual target of “around 5 percent” for 2025, driven by the country’s massive domestic market, robust demand from both home and abroad, and supportive policies aimed at boosting innovation and emerging industries, said Lin Shen, an associate research fellow at the Chinese Academy of Social Sciences’…
Oliver Blume, chairman of the board of management of Porsche AG, speaks at the 2025 annual press conference. [Photo provided to chinadaily.com.cn] China is central to Porsche’s global business strategy, said Oliver Blume, chairman of the board of management of the German sports car maker. “It is absolutely clear,” said Blume, who is also the…
2025 WIC Asia-Pacific Summit holds a news conference in Beijing, March 17, 2025. [Photo by Xu Jiayi/chinadaily.com.cn] 2025 World Internet Conference (WIC) Asia-Pacific Summit is expected to herald a new chapter of boosting regional digital economy cooperation, said Sun Dong, secretary for innovation, technology and industry of the Hong Kong Special Administrative Region (HKSAR) government,…
The DeltaHealth Hospital Shanghai. [Photo/DeltaHealth Hospital Shanghai’s website] DeltaHealth Hospital Shanghai was granted permission by the Shanghai Municipal Health Commission on Friday as a wholly foreign-owned hospital, making it the country’s first hospital specializing in cardiovascular diseases of this kind. The hospital, which started as a joint venture in 2016, focuses on heart health and…
The LEGO Formula 1 speed station on Nanjing Road in Shanghai. [Photo provided to chinadaily.com.cn] The LEGO Group is strengthening its long-term strategy in China with continued investments in product innovation, retail optimization and brand building, bolstered by the highly anticipated opening of the country’s first-ever LEGOLAND this summer. Niels B. Christiansen, CEO of the…
jIn December 2024, 62 085 first-time asylum applicants (non-EU citizens) applied for international protection in EU countries, marking a 17% decrease compared with November 2024 (74 485) and a 20% decrease compared with December 2023 (77 750). There were also 6 560 subsequent applicants, representing a 6% decrease compared with November 2024 (7 005) and…
Ralf Brandstaetter, chairman and CEO of Volkswagen Group China, poses with Chen Bin, deputy general manager of FAW Group, at a signing ceremony in Germany in March 2025. [Photo provided to chinadaily.com.cn] German carmaker Volkswagen AG has inked a new deal with its long-time partner FAW to introduce a slew of new models developed exclusively…
Representatives from both Xiamen and Bangkok discussed cooperation plans to boost exchanges and bilateral trade between the two coastal cities Sunday in Bangkok. [Photo by Yang Wanli/for chinadaily.com.cn] To commemorate the 50th anniversary of the establishment of diplomatic relations between China and Thailand, the Xiamen Culture and Tourism Bureau launched business promotion fair in Bangkok…
CNOOC Limited announced on Monday that the Caofeidian 6-4 oilfield comprehensive adjustment project and the Wenchang 19-1 oilfield phase II project have commenced production. The Caofeidian project is located in the western part of the Bohai Sea, with an average water depth of approximately 20 meters. The main production facility is a new production wellhead…