Chinese women are emerging as increasingly powerful and independent consumer forces, with a rising preference for emotional value, self-care, and collectible trends such as Pop Mart’s Labubu, according to a survey. The “618 Women’s Consumption Survey,” jointly published by Women of China magazine, Huakun Women’s Lifestyle Survey Center, and Huakun Women’s Consumption Center, offers a…
Fonterra CEO Miles Hurrell delivers welcome remarks. [Photo provided to chinadaily.com.cn] New Zealand dairy giant Fonterra is doubling down on the Chinese market after receiving official recognition under the newly launched New Zealand Grass Fed Standard, a move aimed at strengthening its premium positioning as a dairy producer and exporter. New Zealand Prime Minister Christopher…
Laiye unveils enterprise-level AI agent matrix. [Photo provided to chinadaily.com.cn] Chinese intelligent automation platform Laiye has unveiled its enterprise-level artificial intelligence agent matrix designed for diverse application scenarios as the company aims to enhance productivity and bolster enterprises’ digital transformation. Built on Laiye work execution platform, the new AI agents integrate large language models, robotic process automation,…
In the first five months of the year, trade between North China’s Hebei province and the five Central Asian countries, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan, surged 110 percent year-on-year to a record high of 3.03 billion yuan ($421.9 million), according to a release on the Shijiazhuang Customs’ WeChat account. Exports reached 2.5 billion yuan,…
China still defines itself as a developing countryUrsula von der LeyenVon der Leyen’s statement goes straight to the core contradiction in China’s positioning as a leader of the Global South. Under its narrative, China presents itself as a fellow Global South country that once endured colonial humiliation and poverty. It portrays itself as a model…
A visitor enjoys the photos taken by students participating in the Today at Apple Creative Camp in Beijing. [Photo provided to chinadaily.com.cn] Chinese university students are using their phones and computers to create powerful visual narratives on rural revitalization, intangible cultural heritage, and everyday warmth at an initiative co-organized by Apple and the China Foundation…
A container ship carries new energy vehicle parts at Qinzhou Port in Qinzhou, Guangxi Zhuang autonomous region, in October. ZHANG AILIN/XINHUA CHONGQING — The inland municipality of Chongqing, where mountains and hills account for 90 percent of its terrain, has been transforming itself into a pivotal logistics nexus, linking the world via multiple trade arteries.…
Stefan Mecha (middle), CEO of Volkswagen China Passenger Cars Brand, speaks at a farewell media roundtable in Beijing on June 17. LI FUSHENG/CHINA DAILY As Stefan Mecha prepares to conclude his tenure as CEO of Volkswagen China Passenger Cars Brand, he departs with a mixture of pride, reluctance, and deep admiration for a market he calls…
A view of the financial center of Shanghai’s Pudong New Area. WANG GANG/FOR CHINA DAILY China’s expanding market size and continuously improving business environment are attracting more multinational companies, leading to a more diverse source of foreign investment in sectors related to new quality productive forces, according to a new report. Last year, actual utilized…
Ban-seng Teh, executive vice-president and chief commercial officer of Seagate Technology. [Photo provided to China Daily] Seagate Technology, a global leader in data storage solutions, has expressed strong confidence in China’s market potential, emphasizing the transformative role of artificial intelligence in driving storage demand. According to IDC’s forecast, the compound annual growth rate of available…