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Dyson banks on product innovation

Visitors check out the Dyson PencilVac, the company’s slimmest vacuum, at a recent launch event in Tokyo. [Photo provided to CHINA DAILY] Technology company Dyson is sharpening its focus on originality, engineering, and product localization in the dynamic Chinese market to keep an edge over intensifying competition. Having entered the Chinese market more than a…

Dragon boat races attract tourists

Villagers compete during a dragon boat race in Hangzhou, East China’s Zhejiang province, on May 31. LI ZHONG/FOR CHINA DAILY In the watery maze of Diejiao Village in Foshan, South China’s Guangdong province, dragon boat teams race through S-curves, L-bends and tight C-turns with breathtaking precision. Spectators gasp and cheer as the 25-meter-long boats rush…

Survey: Factory activity shrinks

China’s factory activity contracted in May for the first time in eight months, a private survey showed, pointing to pressures from the United States’ volatile tariff policy and shoring up the case for strong macro policy support to boost demand. The Caixin China General Manufacturing Purchasing Managers’ Index, an indicator of the operating conditions of…

China hits milestone in weight-loss drug

A China-led research team recently published results of a phase III clinical trial on a novel obesity treatment in the prestigious New England Journal of Medicine (NEJM), marking a significant milestone in the country’s growing global influence in endocrinology and metabolic innovation. “The study validated the efficacy and safety of the world’s first GCG/GLP-1 dual…

Tourism uptrend in GBA attracting more hoteliers

Tourists enjoy night views at Canton Tower in Guangzhou, Guangdong province, on May 4. MIAO QIANG/FOR CHINA DAILY Taking a micro-vacation on weekends has become trendy among Chinese consumers in the Guangdong-Hong Kong-Macao Greater Bay Area, and the robust demand has not only driven high-frequency short-distance consumption in the region, but has also attracted investments…

China to approve rare earth export applications that meet the requirements

The Chinese government will review the applications for rare earth export and approve applications that meet the requirements to facilitate compliant trade, the Ministry of Commerce said on Thursday. Some foreign enterprises stated that China’s granting process of rare earth export licenses is slow, and their companies may face production suspension. The ministry made the…

China has significantly cut power outages, energy authority says

Technicians install solar panels at a saltern in Lianyungang, Jiangsu province. GENG YUHE/FOR CHINA DAILY China has fundamentally improved the business environment and supply reliability of electricity, and significantly reduced power outages in urban and rural areas during the past few years, a senior energy official said. After years of combined effort, China has made…

Arrears clearance for SMEs facilitated

A clerk counts cash at a bank in Nantong, Jiangsu province. [Photo/Sipa] China has taken a concrete step toward addressing crippling issues faced by the private sector, with a revised regulation guaranteeing payments owed to small and medium-sized enterprises. This marks China’s latest move in clearing arrears owed to SMEs through an institutional arrangement, which…

Innovation in focus at carbon neutrality expo

An inspection robot arouses the interest of visitors at the Shanghai International Carbon Neutrality Expo in Technologies, Products and Achievements, which began on Thursday. GAO ERQIANG/CHINA DAILY Breakthroughs by private enterprises and facilitating the outbound reach of Chinese companies are the highlights at this year’s Shanghai International Carbon Neutrality Expo in Technologies, Products and Achievements,…

Rare earth exports should meet set criteria

China will review and approve applications for rare earth exports that meet the requirements to facilitate compliant trade, the Ministry of Commerce said on Thursday. Some foreign enterprises have suggested that China’s approval process of rare earth export licenses is slow, and their companies may face suspended production. The ministry made the comment in response…