A visitor takes photos of LEGO brick artwork during the sixth China International Import Expo in November. ZHANG HENGWEI/CHINA NEWS SERVICE Lego Group remains optimistic about its long-term growth in the Chinese market, focusing on innovation and local relevance, said top official of the global building blocks maker. The company’s CEO Niels B.Christiansen made the … Continue reading Lego upbeat about market prospects in China
SHUA making workouts more user-friendly
A view of the booth of SHUA Fitness during an expo in Shanghai. CHINA DAILY SHUA Fitness, a Jinjiang, Fujian province-based fitness equipment supplier, has stepped up the upgrade of its products by giving full play to emerging technologies — from ergonomic engineering to the internet of things — aimed at continuously increasing its market … Continue reading SHUA making workouts more user-friendly
Aroma of Yunnan beans attracts coffee lovers in metropolis
Consumers try beans from Baoshan, Yunnan at a Baoshan Bestain Coffee store in Shanghai. CHINA DAILY With high-quality coffee beans, Southwest China’s Yunnan province has jumped on opportunities to grow its coffee business in Shanghai — a metropolis that has the largest number of coffee shops globally. Among the first batch of Yunnan coffee players to … Continue reading Aroma of Yunnan beans attracts coffee lovers in metropolis
Farmers in Southwest China province reap juicy gains from vegetable
A farmer harvests celery at a plantation in Tonghai county, Yunnan province. CHINA DAILY Exports of organic vegetables have become an economic driver in Yunnan province, providing more opportunities for local vegetable retailers. Yunnan Mr. Yunling Agricultural Development Co Ltd has been exporting vegetable products to markets including Hong Kong and Macao special administrative regions and … Continue reading Farmers in Southwest China province reap juicy gains from vegetable
Novak Djokovic joins ASICS to support youth tennis in China
Tennis icon Novak Djokovic (middle) made a surprise appearance on Thursday at the ASICS Shanghai flagship store during the Shanghai Masters, and he encouraged junior players in China to pursue their dreams. [Photo provided to chinadaily.com.cn] Tennis icon Novak Djokovic made a surprise appearance on Thursday at the ASICS Shanghai flagship store during the Shanghai … Continue reading Novak Djokovic joins ASICS to support youth tennis in China
Social media X fined $5.23m in Brazil
SAO PAULO — Social media X, formerly known as Twitter, has paid 28.6 million reais (about $5.23 million) in fines to the Brazilian government to seek the resumption of its operations in the country, local media reported Friday. The social media giant, owned by Elon Musk, has submitted proof of payment of the fines imposed … Continue reading Social media X fined $5.23m in Brazil
Cross-border RMB use up over 20% in first eight months of 2024: report
A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] BEIJING — The renminbi (RMB) has been used more frequently in cross-border trade in the first eight months of this year amid the growing presence of the Chinese currency in the global market, a central bank report showed. The … Continue reading Cross-border RMB use up over 20% in first eight months of 2024: report
China urges EU to get back to right track of resolving trade disputes through consultations: commerce ministry
China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. [Photo/Xinhua] BEIJING — China has urged the European Commission to truly show concrete actions to implement its political will and get back to the right track of resolving trade frictions through consultations, said a spokesperson of the Ministry of Commerce on Friday.
Hong Kong stock trading frenzy calms
Pedestrians pass an electronic board showing Hong Kong’s Hang Seng Index in Tsim Sha Tsui on Wednesday. The index has soared in the past six days to reach a 20-month high.[ANDY CHONG/CHINA DAILY] Analysts voiced cautious optimism on the Hong Kong stock market after its stellar rally cooled off on Thursday, saying investors are anxiously … Continue reading Hong Kong stock trading frenzy calms
Chinese market crucial for German firms, says economist
The skyline of Beijing. [Photo/VCG] BERLIN – “German investments in China reached a new record in the first half of 2024, continuing the upward trend from 2023, when investment levels also set new benchmarks,” Hermann Simon, a prominent German economist known as the father of the “hidden champions” theory, told Xinhua in a recent interview. … Continue reading Chinese market crucial for German firms, says economist