Germany’s Dekra Group will bring two new testing centers online in Suzhou, Jiangsu province, and Chongqing in the second half of this year, expanding services for automotive components, consumer electronics and other industries, a senior executive said. After ramping up its testing infrastructure in recent years, including a major 2024 upgrade of its facility in…
A car refueling at a gas station in Guangzhou, on Tuesday. [Photo/VCG] China’s refined oil pricing mechanism is playing a crucial role as a “stabilizer” for the national economy, effectively cushioning the country against the impact of volatile international markets, said industry experts. As geopolitical tensions in the Middle East continue to disturb global crude…
WiredScore, a global leader in digital connectivity and smart building certification, has officially entered the Chinese mainland and unveiled its first strategic partners. Leading developers including Hines, Hongkong Land, H Properties, Shanghai SIIC North Bund New Landmark Construction and Development Co, and Sun Hung Kai Properties have committed to pursuing Wired-Score and SmartScore certifications for…
From left to right: Janice Hu, China country head, UBS AG, and chairperson of UBS Securities; Junjie Watkins, equity partner, Pictet Group, and CEO, Asia ex-Japan, Pictet Asset Management; Rogier Janssens, president of Merck China; Zhang Yifan, managing director of Lundbeck China. Editor’s Note: As China launches its 15th Five-Year Plan (2026-30), policymakers are strengthening coordination between the…
Rafael Mariano Grossi (center), director-general of the International Atomic Energy Agency, visits the Linglong One project in Hainan province on April 8, 2025. CHINA DAILY China is exploring leveraging nuclear energy to meet artificial intelligence’s huge demand for electricity, as the token economy becomes the latest buzz word sweeping across the global tech industry. A…
A buyer tries on gold jewelry at a store in Weifang, Shandong province, on March 15. WANG JILIN/FOR CHINA DAILY China’s ramped-up increase in gold reserves — even as some central banks have turned to selling — may highlight its strategic, long-term approach to gold accumulation, aimed at buffering against risks and backing the renminbi’s…
Chinese frog buttons are on display at the World Button Museum in Liaocheng, Shandong province. ZHANG ZHENXIANG / FOR CHINA DAILY When Spanish influencer Helena Cuesta posted a photo of herself wearing a pink, silk jacket with blue jeans, it quickly caught the attention of her followers. The stylish jacket, which features a straight-button front,…
Starbucks China launches “a store for each community” initiative on Wednesday. [Photo provided to chinadaily.com.cn] Starbucks China mapped out on Wednesday a three-year expansion plan following the launch of its joint venture with Boyu Capital, as the coffee chain seeks to accelerate growth in lower-tier markets and enhance customer experience through localized innovation. The partnership,…
Starbucks China launches “a store for each community” initiative on Wednesday. [Photo provided to chinadaily.com.cn] Starbucks China mapped out on Wednesday a three-year expansion plan following the launch of its joint venture with Boyu Capital, as the coffee chain seeks to accelerate growth in lower-tier markets and enhance customer experience through localized innovation. The partnership,…
BEIJING – Chinese stocks closed higher on Wednesday, with the benchmark Shanghai Composite Index up 2.7 percent to 3,995 points. The Shenzhen Component Index closed 4.79 percent higher at 14,042.5 points. The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, gained 5.91 percent to close at 3,347.61 points. The ChiNext Index, together with the…