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KraussMaffei eyes growth driven by nation’s innovation

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Visitors gather at KraussMaffei’s booth during the 8th China International Import Expo in Shanghai on Nov 6. CHINA DAILY China offers a vast and increasingly sophisticated market for the advanced manufacturing technologies of KraussMaffei, expanding automotive, medical and electronics sectors, a top executive said. China’s strong focus on innovation, coupled with government policies promoting high-tech…

Singles Day sales surge 14.2% to record $238b

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Staff members sort packages at a delivery distribution center in Haikou, Hainan province, on Nov 11, 2025. [Photo/VCG] Online retail sales across comprehensive e-commerce platforms, instant retail and community group buying during this year’s Singles Day shopping festival reached 1.695 trillion yuan ($238.3 billion), an increase of 14.2 percent year-on-year, according to Chinese data analytics…

Henkel’s innovations showcased at CIIE

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People check out products from Henkel during the eighth CIIE on Nov 6. ZHANG WEI/CHINA DAILY Henkel Consumer Brands, a division of Henkel Group, highlighted its strengthened commitment to the Chinese market at the just-concluded China International Import Expo in Shanghai, and showcased several new hair care products and innovations that underline its strategy of…

Chile Week China 2025 enhances bilateral ties

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The recent Chile Week China 2025 has yielded fruitful results in strengthening economic and trade cooperation between Chile and China. This year’s event celebrated the 55th anniversary of diplomatic relations and the 20th anniversary of the free-trade agreement between the two nations. During the event, several agreements were signed to foster bilateral cooperation. In Tianjin,…

‘Flying taxis’ reinventing future of urban air mobility

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Visitors try the Matrix 1 electric vertical takeoff and landing aircraft at the booth of VerTaxi at the Automobile and Smart Mobility exhibition area of the eighth China International Import Expo (CIIE) in Shanghai, Nov 8, 2025. [Photo/Xinhua] Four leading electric vertical takeoff and landing aircraft makers have expressed their confidence in China’s low-altitude economy…

Luxury leasing market gains traction in HK

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The luxury rental market in the Hong Kong Special Administrative Region is gaining momentum, driven by steady demand from an influx of deep-pocketed individuals and high-end professionals. Industry experts anticipate that rents in the city’s prime residential districts will continue climbing in the year ahead. The Peak and the Southern district — two of Hong…

Ikea plans to deepen mkt presence in nation

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Visitors check out Ikea’s booth at the eighth China International Import Expo in East China’s Shanghai, on Nov 5, 2025. [Photo/VCG] The China International Import Expo continues to serve as a vital platform for business opportunities and relationship building, the top executive of Ikea China said. The Swedish furniture retailer, which is set to deepen…

HK boosts mainland firms’ forays

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Employees engage with participants at the Hong Kong Trade Development Council’s exhibition area during the eighth China International Import Expo in Shanghai on Nov 7. JIANG QIMING/CHINA NEWS SERVICE The Hong Kong Special Administrative Region is committed to supporting China’s high-standard of opening-up, and expects to be a “super connector” and “super value-adder” to better…

Nation scores big in nuclear energy tech

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China has achieved a potentially transformative breakthrough in advanced nuclear energy, successfully converting thorium into fissionable uranium for the first time in an experimental molten salt reactor. Hailed as a “game-changer”, industry experts said the development could fundamentally reshape the nation’s energy security, significantly reducing reliance on imported uranium and positioning China at the forefront…

Guangdong leads China with more than 20m market entities

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A drone photo taken on Nov 1, 2025 shows a view of Shenzhen Bay Culture Square in Shenzhen, South China’s Guangdong province. [Photo/Xinhua] Guangdong province in South China continues to demonstrate strong economic vitality, with over 20 million registered market entities, maintaining its position as the country’s market leader. The provincial capital, Guangzhou, is a…