Mexican multinational food company Grupo Bimbo is doubling down on its long-term commitment to China, citing the country’s vast consumer base, improving domestic demand and clear policy direction as key drivers for sustained investment and expansion. “We are full of confidence in the long-term potential of China’s consumer market,” said Kelly Zhang, general manager of…
An aerial drone photo taken on Nov 21, 2025 shows a view of the Yangpu International Container Port in Yangpu Economic Development Zone, South China’s Hainan province. [Photo/Xinhua] China will apply provisional import tariff rates lower than the most-favored-nation rates on 935 items starting on Jan 1, a move market observers and company executives said…
A beach in the Philippines.[Photo by Xu Lin/China Daily] Leading online travel agency Trip.com Group recently unveiled the 2025 Southeast Asia Inbound and Outbound Tourism… Read More »Surge in Southeast Asian tourism to China
Representatives from OYMotion and Radical signed a strategic partnership in Shanghai on Saturday. [Photo provided to chinadaily.com.cn] OYMotion, a Shanghai-based robotics and neural interface technology company, and Radical, an automotive bearing manufacturer headquartered in Hangzhou, have announced a strategic partnership focused on embodied intelligence development. The alliance, announced in Shanghai on Saturday, aims to combine…
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What left the audience in awe? The 2025 AI for All: China-ASEAN Competition Gala featured the viral robot dancers fresh from their debut at a superstar’s concert! It also showcased AI-powered applications across various industries. An innovative collaboration model of “Beijing-Shanghai-Guangzhou R&D, Guangxi integration and ASEAN application” is now expanding globally from the Guangxi Zhuang…
China has made a key breakthrough in the evolution of its central bank’s digital currency by positioning the e-CNY as “digital deposit money”, a move experts said is set to expand its use scenarios and strengthen the country’s leadership in global CBDC exploration. People’s Bank of China Vice-Governor Lu Lei said in the central bank-affiliated…
China’s economy has moved into a phase dominated by better managing existing resources. On the one hand, the sheer size of the nation’s economy means it can no longer operate out of the spotlight. Intensified international economic and trade competition has heightened requirements for optimizing existing resources while striving for new growth drivers. On the…
Tourists shop along Nanjing Road in Shanghai on Saturday amid decorations featuring cartoon horses for the upcoming new year. CHINA DAILY With the arrival of 2026 just around the corner, New Year’s Eve activities, which started 10 days before the night itself, have become a trendy hook for promoting consumption in Shanghai, according to multiple…
