Tencent said on Wednesday it has connected its Tenpay Global cross border payment platform with PayPal World, allowing United States users visiting China to pay at tens of millions of merchants that accept WeChat Pay, in one of the biggest moves yet to bridge China’s mobile payment ecosystem with overseas wallets. The service will first…
A technician inspects semiconductor chip packaging in Binzhou, Shandong province, on Jan 28. GUO ZHIHUA/FOR CHINA DAILY China’s enterprise sales revenue registered steady growth in the first four months of the year, with multiple bright spots emerging across various sectors, according to the latest invoice data released by the State Taxation Administration. “The invoice data…
Visitors gather at a Pop Mart store in Shanghai on May 5. TANG KE/FOR CHINA DAILY Collectible toy giant Pop Mart has deepened its partnership-driven growth strategy through a new Twinkle Twinkle collaboration with McDonald’s China. Since launching on May 20, the campaign has drawn long queues, social media buzz and growing resale prices, with…
The two-day 2026 BRICS Forum on Partnership on New Industrial Revolution opened on Wednesday in Xiamen, Fujian province, marking the launch of an international cooperation initiative on intelligent manufacturing and a new partnership city network to boost cooperation. The new manufacturing initiative, jointly launched by the International Coalition of Intelligent Manufacturing and leading companies to…
Spanish diagnostics company Werfen is deepening its commitment to the Chinese market, expanding local manufacturing for advanced medical products in the world’s second-largest healthcare market. The Barcelona-based firm made its debut at the just-concluded Western China International Fair for Investment and Trade in Chongqing. James Gallivan, vice-president of Werfen with full responsibility for China, said…
China’s consumer market maintained stable performance in the first four months of 2026, as a raft of pro-consumption policies continued to take effect, according to the Ministry of Commerce. In April, demand for green and smart products remained robust. Data from the ministry showed that sales of smart glasses on major monitored platforms surged 5.9-fold…
[PHOTO/CHINA BOUND] Tengwang Pavilion in Nanchang, Jiangxi province, is one of China’s Four Great Towers, celebrated through the Preface to Tengwang Pavilion by renowned 7th-century… Read More »Tengwang Pavilion, Nanchang, Jiangxi – Chinadaily.com.cn
An employee works on the production line of an automaker in Jinhua, Zhejiang province. HU XIAOFEI/FOR CHINA DAILY China’s industrial sector maintained robust momentum in the first four months, with profits at major industrial firms growing at a faster pace, underscoring the resilience of the world’s second-largest economy amid mounting external uncertainties, officials and experts…
A customer wearing an Argentina national team jersey shops on Monday for World Cup merchandise at a store at Yiwu International Trade City in Zhejiang province. WEI ZHIYANG/FOR CHINA DAILY The 2026 FIFA World Cup, which is scheduled to take place from June 12 to July 20, is emerging as a major global marketing stage…
As geopolitical tensions, diverging economic policies and rapid advances in artificial intelligence reshape global markets, senior economists said that Chinese assets are emerging as a key anchor, with the country’s cost-effective AI ecosystem well positioned to support a new round of manufacturing upgrading. With China pushing ahead with financial opening-up, economists said the case for…