File photo shows the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] BEIJING – The China Banking Association and the All-China Federation of Industry and Commerce jointly issued a proposal on Monday, calling on the country’s banking financial institutions to use more concrete measures to enhance services for private enterprises. The proposal calls…
Thanks to China’s scale and growth potential, UK-based consumer goods company Unilever Plc is working to make the country a top market for its haircare brand Nexxus in the years to come, said senior executives of the company. Unilever globally launched its Nexxus Promend high-end hair product collection in Shanghai on Feb 21, the latest…
Markus Heering As US tariffs introduce growing complexities for manufacturers navigating global markets, China’s steadfast and pivotal role in the machine tool industry is poised to fuel further growth, said a leading German industry expert. “If protectionism is coming back, it will be a challenge, especially for European manufacturers,” said Markus Heering, executive director of…
An employee checks an intelligent production line at a textile plant in Qingdao, Shandong province. LIANG XIAOPENG/FOR CHINA DAILY China’s sharpening focus on cultivating new quality productive forces and bolstering technological innovation will drive industrial upgrades and inject strong impetus into the country’s economic growth, while offering immense business opportunities for investors both at home…
Spring blossoms at Kobe Nunobiki Herb Gardens. KOBE NUNOBIKI HERB GARDENS Direct flights linking Japan’s Kobe and Chinese cities of Shanghai and Nanjing of Jiangsu province would be launched starting April, which are expected to serve air traveling requirements between the Japanese city and the Yangtze River Delta region, announced Shanghai-based airliner Juneyao Airlines on…
Scholars from Peking University and Caroline Tillett, chief scientific officer of Kenvue Inc attend the unveiling ceremony of a joint laboratory on anti-aging in Beijing. [Photo provided to chinadaily.com.cn] Dabao, a skin health and beauty brand owned by Kenvue Inc, a United States-based consumer skincare company, and the School of Life Sciences at Peking University…
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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,…