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Renewables capacity hits 2 billion kW mark

Electricians check solar panels at a photovoltaic power plant in the Inner Mongolia autonomous region. WANG ZHENG/FOR CHINA DAILY China’s non-fossil fuel power generation capacity reached a historic 2-billion-kilowatt milestone by the end of February, solidifying the country’s global leadership in the transition away from fossil fuels and marking a pivotal step toward its ambitious…

Nation attractive market for L’Oreal

Consumers try out L’Oreal cosmetics during the seventh China International Import Expo in Shanghai in November. CHEN HAOMING/XINHUA L’Oreal, the world’s largest beauty company by revenue, said it remains deeply committed to the Chinese market, one of its most strategic growth drivers, fueled by the country’s dynamic consumer landscape, rapid technological advancements and growing middle-income consumers.…

China Life to boost equity investments

A pedestrian walks past a China Life Insurance Co Ltd sign in Huai’an city, East China’s Jiangsu province. [Photo provided to chinadaily.com.cn] China Life Insurance Co, one of the country’s biggest insurers, will increase its allocation to equity investments this year, due to its confidence in the Chinese economy’s high-quality growth prospects, said a senior…

L’Oreal hosts first campus music gala in China

L’Oreal China held its inaugural campus music gala on Friday at Fudan University in Shanghai. [Photo provided to chinadaily.com.cn] L’Oreal China held its inaugural campus music gala on Friday at Fudan University in Shanghai, one of China’s most prestigious universities, marking a celebration of beauty, innovation, and youth empowerment. The event themed “Magnetism of Beauty”…

BMW revs up innovation for driving pleasure

Sean Green, president and CEO of BMW Group Region China, speaks at the company’s innovation day on March 26. [Photo provided to China Daily] BMW is renewing its image with an aura of tech, yet the German carmaker has remained true to its tenet of driving pleasure. At the BMW China Innovation Day last week,…

C-Land revolutionizes residential living in Beijing

Real estate developer C-Land has innovated its high-end product lines in recent years, achieving both good market performance and reputation through sustained efforts in upgrading residential spaces and lifestyles, especially with its Chen and Fu series. It has also broken through in terms of branding and marketing, ranking among the top 28 real estate enterprises…

Consumer expo expected to be biggest ever

A bird’s-eye view of mascots of China International Consumer Products Expo. [Photo/VCG] The upcoming fifth China International Consumer Products Expo, to be held from April 13 to 18 in Haikou, Hainan province, is expected to attract the highest number of participants compared with past editions, which points to the confidence of global consumer enterprises in…

XPENG flying car completes trial flight in Central China’s Hunan

The “Land Aircraft Carrier,” the flying car developed by Chinese electric vehicle maker XPENG, completes its first public flight at the 15th China International Aviation and Aerospace Exhibition, also known as Airshow China, on Nov 12, 2024. [Photo/XPENG] CHANGSHA – The “Land Aircraft Carrier,” a flying car developed by Chinese electric vehicle maker XPENG, completed…

China is open to innovation, says expert

“China’s innovation is characterized by one big thing, that is, we are open to innovation,” said Xu Xiujun, director of the International Political Economy Department of the Chinese Academy of Social Sciences’ Institute of World Economics and Politics, to China Daily Website at the Boao Forum for Asia 2025. He also pointed out that China’s…

Sachs: China threat narrative ‘dangerous’ for ties

Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University. [Photo provided to China Daily] The prevailing view in Washington that China poses a threat to the United States is a mistake with dangerous consequences, a senior US economist warned. This flawed approach, if left unchecked, risks becoming “a self-fulfilling prophecy of conflict”…