With increasingly fierce market competition, Chinese apparel enterprises are considering how to excel in a tough environment. Today, the era of high growth for the nation’s clothing industry has passed, with market demand shrinking and growth momentum significantly weakened. According to Blue Shark — an online market observer — in the first half, out of…
Roger Federer talks with young Chinese tennis players during Swiss sportswear brand On’s event in Shanghai on Wednesday. [Photo provided to chinadaily.com.cn] With tennis in China shifting from an elite pastime to a mass sport driven by community engagement, facility upgrades and global collaboration, Swiss sportswear brand On is stepping up efforts to strengthen grassroots…
Leung Chun-ying, vice-chairman of the National Committee of the Chinese People’s Political Consultative Conference, says that, as a Special Administrative Region of a major shipbuilding and global shipping power, Hong Kong shoulders significant responsibilities. [Photo provided to chinadaily.com.cn] As a special administrative region of a major shipbuilding and global shipping power, Hong Kong shoulders significant…
The ID. UNYX 07 is the first model to Volkswagen’s new E/E architecture, which has been developed exclusively for the Chinese market. [Photo provided to chinadaily.com.cn] China’s Ministry of Industry and Information Technology revealed on Thursday details of the ID. UNYX 07, Volkswagen Anhui’s first electric sedan, which is set to launch in 2026. All…
Chinese scientists have announced two major breakthroughs in solid-state lithium battery technology and resolved longstanding bottlenecks that have hindered commercial adoption of this potentially game-changing technology for the new energy vehicle sector. The move comes as China tightened its export controls on lithium batteries and synthetic graphite materials, underscoring the nation’s strategic efforts in the…
Consumers check out gold accessories at a store in Hangzhou, Zhejiang province, on Wednesday. LONG WEI/FOR CHINA DAILY Gold prices extended gains over the National Day and Mid-Autumn Festival holiday, with domestic jewelry costs climbing to record highs and bullion stocks rallying in stock exchange trading. On Thursday, pure gold jewelry from leading brands such…
China Triumph International Engineering Co Ltd, the world’s largest glass engineering service provider, has successfully launched an 800-metric-ton-per-day ultra-clear rolled photovoltaic (PV) glass production line in Tarsus, Turkiye, marking the deployment of innovative Chinese technology to help advance Turkiye’s green energy transition. The facility is so far the largest of its kind in Europe and…
Photo taken on May 12, 2025 shows the scenery on both sides of Victoria Harbor in Hong Kong. [Photo/Xinhua] The government of the Hong Kong Special Administrative Region has successfully attracted over 100 global strategic enterprises to establish a presence in the city, which is expected to bring in over HK$60 billion ($7.71 billion) in…
During China’s National Day “Golden Week” holiday, hotpot restaurants emerge as major winners in the country’s weeklong consumption boom. [Photo provided to chinadaily.com.cn] As diners… Read More »Hotpot restaurants sizzle during holiday
Avatr’s booth features the popular animated film Nobody at the Chengdu auto show in August. [Photo by Li Fusheng/chinadaily.com.cn] Avatr, the NEV brand backed by Changan Automobile, has completed a total payment of 11.5 billion yuan ($1.6 billion) to Huawei for a 10 percent stake in the tech giant’s smart car unit, marking a major…