Two researchers check out human milk oligosaccharide at a Nestle research center. [CHINA DAILY] Global food and beverage giant Nestle will continue to invest in its infant nutrition business in China and is bullish about the market’s long-term prospects, driven by the still large number of newborns in the country and the imminent approval of…
Kraft Heinz tomato ketchup products are seen at a supermarket in Beijing. [Photo/China Daily] This year marks a milestone for Kraft Heinz as it is celebrating its 40-year journey in China. The company established its first joint venture in Guangzhou, Guangdong province, in 1984. Ever since, it has been providing delicious, high-quality products to meet…
Siasun’s production line of robotic arms in Shenyang, Liaoning province. LI XULUN/XINHUA Siasun Robot and Automation Co Ltd, a major robotics technology company, recently exported more than 100 robots to Europe, a significant step in the company’s efforts to integrate with the burgeoning new energy manufacturing sector across the continent. Exports cover three main categories —…
A journalist takes a photo while riding in an autonomous vehicle in Chongqing in October. [Photo/Xinhua] On Friday, China’s top industry regulator said that China’s self-driving cars are nearing true road readiness with some testing plans approved qualified for the official rollout. Guo Shougang, deputy director of the equipment industry department at the Ministry of…
An employee works on a PV panel assembly line in Lianyungang, Jiangsu province, on Tuesday. SI WEI/FOR CHINA DAILY CHN Energy Investment Group (CHN Energy) is on track to efficiently step up investments in fields such as renewable energy and clean utilization of coal, to further facilitate China’s goal of achieving around 5 percent annual GDP…
The BMW Vision Neue Klasse and the BMW Vision Neue Klasse X are making their first joint public appearance at the 2024 Paris Motor Show. [Photo provided to chinadaily.com.cn] The BMW Group is showcasing over 15 electric models bearing its BMW and MINI logos at the Paris Motor Show, which represents the German premium carmaker’s…
In an exclusive interview with China Daily, Rohit Aggarwal, CEO of the Austrian cellulosic fiber company Lenzing Group, said the company will continue its investment in China, considering it as one of its most important markets. Aggarwal expressed the company’s commitment to continue introducing new fibers and technologies into the country based on the changing…
China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. [Photo/Xinhua] China is studying measures to raise import tariffs on large-displacement fuel vehicles, and will make a cautious decision after considering all factors comprehensively, the Ministry of Commerce said on Thursday. This move follows the European Commission’s recent announcement of plans to impose…
BMW will start mass production in China of cars with vehicle-to-everything technology from 2025, said a senior R&D executive on Thursday. “China is the fertile ground for the development of intelligent connected vehicles,” said Robert Kahlenberg, senior vice-president of BMW Research & Development China, at the ongoing 2024 World Intelligent Connected Vehicles Conference. He said…
A property project under construction in Beijing. TANG KE/FOR CHINA DAILY China has rolled out new policy measures to rejuvenate the shaky property sector, with expanded funding for troubled property developers and renovation of an additional 1 million homes high on the agenda. Analysts said this will shore up sentiment among homebuyers and investors, and facilitate…