New energy vehicles await shipment to overseas markets in Jinhua, East China’s Zhejiang province, on Monday. HU XIAOFEI/FOR CHINA DAILY Boosted by the growing global appetite for electrified transportation and a rebound in major overseas markets, China’s new energy vehicle exports keep gaining momentum, playing an increasingly important role in accelerating the global automotive transition.…
Chagee Holdings Ltd reported higher first-quarter revenue as rapid growth in overseas markets and an expanding store network helped offset weakness in domestic sales momentum. The beverage chain operator said its revenue rose 4.7 percent to 3.55 billion yuan ($525 million) in the three months ended March 31, compared with 3.39 billion yuan a year…
Visitors buy Norwegian seafood during an expo in Shanghai. CHINA DAILY China is rapidly emerging as Norway’s most important seafood export market, helping offset weak demand in other regions and underscoring the growing role of Chinese consumers in shaping global demand for premium imported seafood. Norwegian seafood exports to China rose 36 percent year-on-year to…
Shanghai’s continued efforts to integrate government services and improve efficiency will enhance its appeal to market entities at home and abroad while supporting the city’s high-quality development, officials and business executives said. The municipal government recently unveiled an action plan containing 26 measures aimed at deepening the integration of government services across administrative departments and…
The partnership between United States-based chip company Nvidia and Chinese humanoid robot maker Unitree Robotics underscores China’s growing influence in the sphere of cutting-edge artificial intelligence technologies, experts said. They highlighted that China now accounts for eight out of every 10 humanoid robots shipped globally and said the collaboration serves as a compelling example of…
A Lijian-2 Y1 carrier rocket with three satellites onboard blasts off from the Dongfeng commercial space innovation pilot zone in northwestern China on March 30. WANG JIANGBO/FOR CHINA DAILY Driven by an increase in orbital filings and successful launches, China’s commercial aerospace sector is steadily transitioning from a phase of technical verification to large-scale deployment…
[PHOTO/CHINA BOUND] Step into the timeless charm of Wuzhen, an ancient water town in Zhejiang with thousands of years of history beside the Grand Canal.… Read More »Wuzhen town, Tongxiang, Zhejiang – Chinadaily.com.cn
Seeking to take the lead in new sector developments despite current market adjustments, a group of leading Chinese photovoltaic, or PV, enterprises and research institutions have joined forces to establish the Space Energy Development Alliance, charting an innovative path toward next-generation energy solutions. The alliance was officially launched on Tuesday by 13 founder members, including…
General Mills Inc said on Tuesday that it has entered into an agreement to sell its Haagen-Dazs ice cream shops on the Chinese mainland to an investor group that includes Ningji, a Chinese company operating one of the country’s fastest-growing premium tea brands with more than 3,000 quick-service retail outlets. Under the terms of the…
Vivo unveils its latest S60 series smartphones. [Photo provided to chinadaily.com.cn] As global smartphone shipments are on pace for their worst since 2013, China’s mid-range market — the sales lifeline for domestic brands — is seeing its sharpest price realignment in years. According to the latest industry data, global smartphone shipments in 2026 are forecast to…