Experts from United Imaging Healthcare Co Ltd pose for a photo with local medical workers after installing a transportable CT scanner in Baghdad, Iraq, on March 19, 2020. XINHUA BEIJING — It took Chinese entrepreneur Zhang Junbin eight years to transform a small startup with just 200,000 yuan ($28,090) in initial capital into a unicorn enterprise…
Hisense Group announces on Wednesday that it has become the first official partner of the FIFA Club World Cup 2025. [Photo provided to chinadaily.com.cn] Chinese home appliance maker Hisense Group announced on Wednesday that it has become the first official partner of the FIFA Club World Cup 2025, building on its seven-year relationship with FIFA.…
An outlet of Starbucks in China. [PHOTO/CHINA DAILY] Starbucks China has reported stronger performance from its newly-opened county-level stores compared to those in higher-tier cities, reinforcing its penetration strategy despite a decline in store sales due to heightened competition. The company is exploring “strategic partnerships” in China. In the fourth quarter, the company’s revenue in…
A drone photo taken on Oct. 30, 2024 shows a view of an intelligent manufacturing base under China Offshore Oil Engineering Company in north China’s Tianjin. [Photo/Xinhua] TIANJIN — China’s first intelligent manufacturing base for offshore oil and gas equipment was put into full operation on Wednesday in North China’s Tianjin municipality. Covering an area…
WUHAN — A direct all-cargo air route between Hubei province in Central China and Hong Kong Special Administrative Region was launched on Wednesday, according to SF Airlines. On Wednesday morning, a Boeing 737-400 freighter took off from the Ezhou Huahu International Airport in Hubei, China’s first cargo-focused airport. It is also the airport’s first all-cargo…
Mounds of iron ore at Rizhao Port, Shandong province. [AN BAIMING/FOR CHINA DAILY] As China’s steel industry is facing declining demand and tightening margins, a balanced approach to production and a focus on emerging consumption sectors are likely to stabilize the market and ensure sustainable growth, a top industry association said. “China’s steel industry has…
Volvo showcases two of its sedans at the 2024 Chengdu International Motor Show in August.[CAO YINGYING/CHINA DAILY] Customer satisfaction of China’s fuel vehicles hit a record high in 2024, according to a survey released by the China Association for Quality on Wednesday. It is assessed using the China Automobile Customer Satisfaction Index, which attained a…
AstraZeneca, a United Kingdom-headquartered pharmaceutical company, showcases its cutting-edge products and solutions at the sixth China International Import Expo. [Photo/China Daily] AstraZeneca China said on Wednesday evening that Leon Wang, executive vice-president, international and China unit president at AstraZeneca, is cooperating with an investigation in China. AstraZeneca said that AstraZeneca China is operating normally under…
A group of entrepreneurs, studying at Cheung Kong Graduate School of Business, visit Mingshan district in Ya’an in Sichuan province, offering development tips. [Photo provided to chinadaily.com.cn] In the prefecture-level city of Ya’an in Southwest China’s Sichuan province, Mingshan district is helping the local farmers by inviting renowned entrepreneurs to offer development tips, with a…
Hyundai’s premium brand Genesis launched the new GV70 in Beijing on Wednesday, with four variants priced between 293,000 yuan ($41,175) and 403,000 yuan. The SUV features a 2.5-liter turbocharged gasoline engine, which was listed in Ward’s 10 Best. With a maximum output of 304 horsepower and top torque of 422 Newton meters, it is among…