In response to economic uncertainties at home and abroad, China must focus on a long-term goal that transcends immediate reactions and leverages fiscal tools to accelerate the economic shift from debt- and investment-driven to technology- and consumption-driven growth, as well as the upgrading of high-end industrial chains. In the long run, although China is the…
Lululemon held its largest yoga event in Beijing in May, drawing over 5,000 participants as part of its efforts to deepen consumer engagement and strengthen community sports. [Photo provided to chinadaily.com.cn] Athleisure brand Lululemon Athletica Inc reported solid first-quarter results for fiscal year 2025. Net revenue on the Chinese mainland rose 21 percent year-over-year, or 22…
Chinese exporters’ accelerated shift toward higher-value manufacturing and their sustained focus on innovation will continue to anchor China’s foreign trade growth this year, government officials, manufacturers and experts said on Monday. As China works to consolidate its position in global industrial chains amid rising geopolitical tensions, Chinese companies’ large-scale production capabilities, innovation strength, industrial upgrades…
Cotti Coffee International, a prominent global coffee chain brand, signs a Memorandum of Understanding (MoU) on strategic collaboration with Rwanda’s Ministry of Agriculture and Animal Resources on June 6 in Kigali, the Rwandan capital, investing in establishing the China-Rwanda International Coffee Industry Development Demonstration Park. [Photo provided to chinadaily.com.cn] Cotti Coffee, a top-tier Chinese brand…
China on Monday released a guideline aimed at further safeguarding and improving people’s livelihoods, vowing to resolve the most pressing issues facing the public and make basic social services more equitable, inclusive, and accessible. The guideline — jointly issued by general offices of the Communist Party of China Central Committee and the State Council on…
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Jan Clysner, vice-president of sustainability and procurement at Budweiser APAC, speaks at a sustainable growth-themed event in Foshan, Guangdong province in early June, 2025. [Photo provided to chinadaily.com.cn] Budweiser Brewing Co APAC Ltd, the largest beer company in the Asia-Pacific by sales revenue, will accelerate its sustainability efforts in China, marking substantial progress across packaging, climate,…
Nearly 70 percent of foreign companies rank China as one of the top three priorities in their global investment plans for the next three years, indicating that the country continues to be a pivotal market where opportunities significantly outweigh risks for forward-thinking firms, said a new survey published by the China-Australia Chamber of Commerce. The…
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A humanoid robot and a quadruped robot developed by Unitree are displayed at the company’s booth during VivaTech in Paris on Wednesday, attracting attention from technology enthusiasts and industry professionals. Wang Mingjie / China Daily Cooperation in science and technology between China and Europe was a central focus at VivaTech 2025 in Paris on Wednesday,…