The two-day Export to China · SCO Premium Choice import procurement matchmaking event was held from Monday to Tuesday in Qingdao, Shandong province. [Photo provided to chinadaily.com.cn] A two-day import commodity sourcing event in Qingdao, Shandong province, recently brought together government and business representatives from 18 countries to explore trade opportunities as part of broader…
An employee of Chinese home appliance maker Midea Group inspects air conditioners at a workshop in Guangzhou, Guangdong province, in March 2025. [Photo/Xinhua] GUANGZHOU — China’s home appliance giant Midea Group posted a 14 percent year-on-year increase in net profit attributable to shareholders, reaching 43.95 billion yuan ($6.4 billion) in 2025, according to the company’s…
A view of the booth of China Life Insurance Co Ltd during an expo in Beijing. HU QINGMING/FOR CHINA DAILY China Life Insurance Co Ltd, the country’s largest life insurer, reported a sharp jump in annual profit for 2025, fueled by strong investment returns and a shift toward higher-value products, although premium growth slowed amid…
This photo taken on Nov 4, 2023 shows a city view of Shanghai, East China. [Photo/Xinhua] China has expanded quotas under the Qualified Domestic Institutional Investor (QDII) program to meet surging demand for overseas asset allocation, a move experts said underscores the country’s firm resolve to financial opening-up despite recent global market turmoil. Data released…
French pharmaceutical and dermo-cosmetics company Pierre Fabre Laboratories will continue to increase its investment and cooperation efforts in China, one of its top priority markets globally and a strategic pillar for the company’s future growth, fulfilling its long-term commitment of “in China, for China”, said a senior executive. As one of the first multinational pharmaceutical…
An aerial photo of some residential buildings in Shanghai, on Nov 5, 2024. [Photo/VCG] The first apartment purchased via Shanghai’s mechanism of acquiring pre-owned homes to guarantee the supply of government-subsidized rental housing completed its transaction on Tuesday, marking a closed loop of home circulation under the pilot program. Contracts for selling an existing flat…
An engineer (center) installs OpenClaw, an open-source AI agent, for users in Hangzhou, Zhejiang province, on March 22. LONG WEI/FOR CHINA DAILY As tokens emerge as a new strategic resource in the artificial intelligence era, companies are urged to treat token consumption as a core cost metric and integrate it into budgeting and operational decision-making,…
A refueling robot closes the fuel tank cap of a car at a gas station in Changsha, Hunan province. YANG HUAFENG/CHINA NEWS SERVICE China’s leading energy enterprises are accelerating the integration of artificial intelligence into every stage of their operations, effectively turning technological innovation into a cornerstone of the country’s energy resilience. From exploration and…
From left to right: Yang Ting, vice-president of Agilent Technologies and general manager for Agilent Greater China; Shirley Zhao, president of Astellas China; Anna An, president of Henkel Greater China; David Poon, president of Infineon Technologies Greater China Editor’s Note: As China launches its 15th Five-Year Plan (2026-30), policymakers are strengthening coordination between the “Export to China” and “Shopping…
Renminbi assets are becoming increasingly attractive, underpinned by China’s strong growth prospects and the rapid development of future-oriented industries, said Stefan Hoops, CEO of DWS — Deutsche Bank’s asset management arm. The recently introduced 15th Five-Year Plan (2026-30) places broad emphasis not only on domestic consumption and self-reliance, but also on a wide range of…