Xiaomi Corp said the company’s revenue surged 47.4 percent year-on-year to 111.3 billion yuan ($15.5 billion) in the first quarter of 2025, marking its second consecutive quarter surpassing the 100 billion yuan milestone following the fourth quarter of 2024. Adjusted net profit reached a historic high of 10.7 billion yuan, up 64.5 percent year-over-year, exceeding…
The listing of Shanghai natural rubber futures on the Osaka Exchange (OSE) in Japan helps to promote China’s pricing power in the international market and facilitate the two-way opening-up of the country’s financial sector, experts and executives said. Shanghai rubber futures were listed on the OSE on Monday. The contract refers to the delivery settlement…
ZAGREB — Ivica Budimir, CEO of government-run road operator Croatian Roads, has emphasized the significance of a new infrastructure project, a 14.75-kilometer expressway to be built by China Road and Bridge Corp. He praised the ongoing partnership between Croatian Roads and CRBC. “This is an extremely important project for Croatia, especially for the Slavonia region,…
The Ninth Meeting of the BRICS Industry Ministers held in Brasilia, Brazil earlier this month. [Photo provided to chinadaily.com.cn] China is willing to strengthen cooperation with BRICS members in emerging sectors such as artificial intelligence, smart manufacturing and biopharmaceuticals, while prioritizing green technology partnerships in renewable energy domains including electric vehicles, solar and hydrogen power,…
China’s first fully modular 500-kilovolt ultrahigh voltage substation recently began operations in Fucun township, Jinhua, Zhejiang province. The Pancun village substation was completed in just 14 months by employing an innovative construction method that combines prefabricated assembly with intelligent systems — a process described as akin to “building with blocks”, said its major constructor State…
Foreign tourists show interest in Wuxi’s culture at the second China International Travel Trade Matchmaking Conference. [Photo provided to chinadaily.com.cn] The second China International Travel Trade Matchmaking Conference was held in Liangxi district, Wuxi, East China’s Jiangsu province, on May 29. The event gathered over 200 participants, including representatives from domestic and international travel businesses,…
A Meituan rider collects food ordered online at a restaurant in Shanghai in September. CHINA DAILY On-demand delivery platform Meituan said it is doubling down on its role as both a job creator and stabilizer, as it ramps up efforts to help power China’s booming platform economy and delivery riders amid changing labor dynamics. The…
Workers cast off the ropes for a ship bound for ASEAN countries at a container dock of Qingdao Port in Qingdao, East China’s Shandong province, April 30, 2025. [Photo/Xinhua] KUALA LUMPUR — In a significant stride toward regional economic integration, China and members of the Association of Southeast Asian Nations have completed negotiations on an…
Traditional sticky rice dumplings — better known as zongzi, a favorite dish during Dragon Boat Festival — are enjoying booming popularity abroad, with exports seeing strong double-digit growth this year from Shenzhen, Guangdong province. According to Shenzhen Customs, more than 157 metric tons of zongzi have been exported from the city since January, up 95.2…
Employees work on a production line at Edwards’ manufacturing plant in Qingdao, Shandong province, on May 16. LIU CHUAN/FOR CHINA DAILY Foreign corporations are leveraging the industrial ecosystem, policy support and growing market potential of China to drive innovation and sustainable growth in the country. From pharmaceuticals to advanced manufacturing, companies like AstraZeneca, Edwards and…