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Enterprises eye China’s huge consumer market

Visitors get to know the “deep sleep cabin “from Air Nutri Solution Inc, a Vancouver, Canada-based non-medicinal sleep solutions provider, during the China International Consumer Products Expo 2025 in Haikou, Hainan province, in April. [LUO YUNFEI/CHINA NEWS SERVICE] By leveraging policy advantages and adopting innovative approaches, both Chinese as well as foreign businesses are expanding…

CNOOC’s sees Q1 profit fall 7.9% on weaker oil prices

China National Offshore Oil Corporation operates an offshore drilling rig in an oil field in the Bohai Sea. CHINA DAILY CNOOC Limited saw its first-quarter net profit drop 7.9 percent to 36.56 billion yuan, weighed by weaker oil prices, while revenue during the period reached 106.85 billion yuan, down 4.1 percent year-on-year, according to the…

PetroChina records 2.3% rise in Q1 profit

Technicians of PetroChina check manufacturing equipment at a natural gas purifying plant in Suining, Southwest China’s Sichuan province. [Photo by Liu Changsong/For China Daily] China’s top energy producer PetroChina posted a 2.3 percent rise in first-quarter profit on Tuesday, partly due to higher natural gas output. Profit attributable to owners of the company rose to…

My first ever half-marathon

Experience the dawn of a new era as the world’s first humanoid robot half-marathon takes place in Beijing E-town! Embark on this extraordinary journey with us and delve into a first-person documentary capturing the thrilling moments of a robot’s participation in this groundbreaking half-marathon! Tanks to chinadaily.com.cn Please visit: Our Sponsor

Li Lecheng appointed minister of MIIT

Li Lecheng has been appointed as the Minister of Industry and Information Technology, replacing Jin Zhuanglong, according to a statement published on the ministry’s official WeChat account on Wednesday. Li was appointed as the Party secretary of the Ministry of Industry and Information Technology in February. Tanks to chinadaily.com.cn Please visit: Our Sponsor

Promulgation of private sector promotion law timely, significant: official

BEIJING — The promulgation of China’s private sector promotion law is timely and of great significance, said Yang Heqing, head of the economic law department of the Legislative Affairs Commission of the National People’s Congress (NPC) Standing Committee. Chinese lawmakers voted to adopt the private sector promotion law after a draft version was submitted for…

People at risk of poverty or social exclusion in 2024

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China works to ensure fair competition for all market players

BEIJING — China’s newly adopted private sector promotion law underscores the country’s commitment to fostering an equitable competitive environment for all market participants, according to an official of the country’s top economic planner. Speaking on the latest episode of China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency, Liu Min, deputy head…

151 004 multinational enterprise groups in EU and EFTA

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Wumart renders assistance to exporters

Shoppers browse products at Wumart’s renovated store in Beijing on Friday. WANG HAIXIN/FOR CHINA DAILY Wumart Group, a leading retailer based in Beijing, has begun introducing the first assortment of products sourced from exporting enterprises in its retail channel as part of a larger effort by retailers across the country to reduce inventory pressure on…