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China Eastern announces new link to South America

China Eastern Airlines will launch a flight linking China’s economic hub, Shanghai, and Argentina’s capital city, Buenos Aires, in December. It will be the first route linking Shanghai and South America, and the only air connection between China and Argentina, according to the Shanghai-based carrier. The new flight will be operated via Auckland, New Zealand…

Biopharmaceutical company Hasten makes strategic leap forward

Hasten Biopharmaceutical Co Ltd announced the completion of the market authorization transfers for 11 pharmaceutical products across several key Asia-Pacific markets on June 16, marking a strategic leap forward in the domestic biopharmaceutical company’s regional expansion. The markets include China’s Hong Kong Special Administrative Region, Malaysia, the Philippines, and Singapore, and the transferred products are…

Shanghai keen to build on IP reputation

Shanghai has achieved steady and high-quality development in the field of intellectual property, or IP, offering a fine environment for businesses in innovation and operation, according to official sources. “Shanghai has constantly deepened the implementation of the municipal blueprint for IP development in the past year, enhanced the efficiency of IP protection, and carried out…

China’s green power trading volume jumps 50%

China’s green power trading volume surged nearly 50 percent year-on-year in the first five months of 2025, exceeding 220 billion kilowatt-hours, the China Electricity Council (CEC) said on Wednesday. Nationwide market-based power trading volume increased from 1.1 trillion kilowatt-hours in 2016 to 6.2 trillion kilowatt-hours in 2024, accounting for 63 percent of total electricity consumption,…

JD debuts JoyExpress in Saudi Arabia, extending delivery model overseas

A delivery vehicle of JoyExpress is seen in Saudi Arabia. [Photo provided to chinadaily.com.cn] China’s JD.com launched on Wednesday JoyExpress in Saudi Arabia, marking the first time the e-commerce giant’s logistics arm has operated its own consumer-focused express delivery service abroad. Known for its self-built warehousing and delivery network in China, JD Logistics operates over…

China-EU green ties set to expand

With Chinese exports of environment-friendly products to Europe booming and European firms scaling up investments in clean energy and smart manufacturing across the nation, green cooperation between China and the European Union is expected to thrive, said business leaders and observers. They said such cooperation is increasingly driven by shared climate goals and complementary strengths,…

China to set up international operation center for digital yuan

During the 2025 Lujiazui Forum which was launched in Shanghai on June 18, Pan Gongsheng, governor of the People’s Bank of China, announced eight measures to further open up China’s financial market. He noted that China will set up an international operations center for the digital yuan to advance the international use of the digital…

JD enters the hotel and tourism industry

Chinese e-commerce giant JD announced on Wednesday that it will enter the hotel and tourism industry through providing supply chain services for hotels to help them lower operational costs and promote the healthy and sustained development of hotel sector. The company said in an open letter to hotel operators that the merchants participating in JD’s…

Top retailers post strong sales growth last year

China’s top 100 retail chains booked a combined 2.13 trillion yuan ($294 billion) in sales in 2024, up 4.9 percent from the previous year, as the consumer market showed signs of recovery led by discount snacks, membership warehouse formats, and specialty retailing, according to an industry survey. The total number of stores expanded 13.5 percent…