Pernod Ricard products on display during an expo in Shanghai. ZHANG HENGWEI/CHINA NEWS SERVICE Strengthened economic and trade relations between China and France will not only benefit both countries, but also contribute to the sustainable growth of global supply chains, said government officials and business leaders. As this year marks the 60th anniversary of the establishment … Continue reading More potential for Sino-French biz ties
Category: Business
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First ageless battery debuted by world’s largest EV battery maker
People walk past CATL’s headquarters in Ningde, Fujian province, on March 14, 2023. [Photo by Li Fusheng/chinadaily.com.cn] Contemporary Amperex Technology Co, the world’s largest EV battery maker, debuted on Tuesday what it claimed to be the world’s first energy storage system with “ageless battery” over a period of five years. The move marks a step … Continue reading First ageless battery debuted by world’s largest EV battery maker
Brazilian mining company to develop China’s Iron and Steel industry
A visitor looks at items on show at the booth of Vale China during an expo in Shanghai. [Photo/China Daily] The Vale-CSU Joint Laboratory for Low Carbon and Hydrogen Metallurgy was launched in Changsha, Hunan province by Brazilian mining company Vale and Central South University on Monday, eager to help China’s iron and steel industry … Continue reading Brazilian mining company to develop China’s Iron and Steel industry
Lanxess nimble in adapting to Chinese market’s needs, says CEO
Visitors gather at the Lanxess booth during an expo in Shanghai. [Photo/China Daily] German specialty chemicals company Lanxess AG is committed to adapting to the changing market demands in China to meet the country’s growing need for specialized, localized and value-added products, its top executive said. “The Chinese market is not just another market for … Continue reading Lanxess nimble in adapting to Chinese market’s needs, says CEO
Experts: French fast fashion bill counterproductive
Online shopping platform Temu, a subsidiary of PDD Holdings, offers deep discounts on a range of products. [PHOTO by CHEN YIHANG/FOR CHINA DAILY] The approval of a recent bill by France’s lower house of Parliament that seeks to penalize fast fashion companies is a blatant attempt at anti-globalization and will eventually harm the interests of … Continue reading Experts: French fast fashion bill counterproductive
Mondelez to expand presence in China
Subway passengers stroll through a section decorated by Mondelez International Inc at an exit area of a subway station in Shanghai on March 29, 2024. [Photo provided to chinadaily.com.cn] With disposable incomes rising and more consumption scenarios appearing in China, Mondelez International Inc, a United States-based snacks manufacturer, will expand its presence in the country … Continue reading Mondelez to expand presence in China
Duolingo to further tap China’s edtech sector
Duolingo, a United States-based language-learning platform. [Photo/VCG] In an era marked by globalization and digital transformation, language proficiency has emerged as a crucial skill, with an increasing number of individuals seeking opportunities for international study and career advancement. Among the companies at the forefront of this trend is United States-based edtech company Duolingo, which has … Continue reading Duolingo to further tap China’s edtech sector
Sino Biopharm and Boehringer Ingelheim enter into strategic collaboration
Sino Biopharmaceutical Limited and Boehringer Ingelheim announce on Monday that they have entered into a strategic partnership. [Photo provided to chinadaily.com.cn] Sino Biopharmaceutical Limited, or Sino Biopharm, a China-based Hang Seng Index company, and Boehringer Ingelheim, a global biopharmaceutical company, announced on Monday that they had entered into a strategic partnership focusing on bringing innovative … Continue reading Sino Biopharm and Boehringer Ingelheim enter into strategic collaboration
Chinese firm obtains country’s 1st passenger drone production certificate
Visitors check out an autonomous aerial vehicle from EHang during the 2023 China Brand Expo in Shanghai on May 10. [Photo/Xinhua] GUANGZHOU – Chinese drone maker EHang Holdings Limited obtained on Sunday the production certificate for the EH216-S passenger-carrying autonomous aerial vehicle system from the Civil Aviation Administration of China (CAAC) in Guangzhou, capital of … Continue reading Chinese firm obtains country’s 1st passenger drone production certificate
EHang receives production certificate for self-flying air taxis
EHang obtains a production certificate for its EH216-S passenger-carrying pilotless electric vertical takeoff and landing (eVTOL) aircraft at a ceremony in Guangzhou, the capital of Guangdong province. [Photo provided to chinadaily.com.cn] On Sunday, EHang Holdings Limited, the world’s leading urban air mobility technology platform company, announced that it has successfully obtained the production certificate for … Continue reading EHang receives production certificate for self-flying air taxis