Brazil-based pulp producer Suzano exhibits its products and solutions at the 6th China International Import Expo in Shanghai in November. CHINA DAILY Brazil-based world’s leading pulp producer Suzano is confident about the growth prospects of the Chinese market and has introduced a trial trade of its products in renminbi in order to strike deep roots in … Continue reading Suzano upbeat about growth potential in Chinese market
Tag: growth
China oil company sees strong production and profits this quarter
CNOOC booth at an expo held in Shanghai on June 9, 2021. [Photo/VCG] CNOOC Limited achieved strong growth in both net production and net profit during the first quarter of this year, the company said on Thursday. The company recorded a total net production of 180.1 million barrels of oil equivalent, representing an increase of … Continue reading China oil company sees strong production and profits this quarter
Technology innovation key to steady economic growth
Engineers operate the tunnel boring machine to begin construction of the Suzhou East Tunnel in Suzhou, Jiangsu province. LIU FUCHANG/FOR CHINA DAILY After China’s GDP grew 5.2 percent last year and 5.3 percent year-on-year in the first quarter, it is expected to continue to expand at a relatively high rate over the long run. Endowed … Continue reading Technology innovation key to steady economic growth
Standard Chartered opens branch in East China city
Customers are seen at a Standard Chartered bank branch in Shanghai. [WANG GANG/FOR CHINA DAILY] HEFEI — Standard Chartered on Wednesday opened a branch in Hefei, capital of Anhui province in East China, as the British banking giant beefs up its presence in China. Standard Chartered now has a presence in all four provincial-level regions … Continue reading Standard Chartered opens branch in East China city
LEGO expanding experience-centered stores in nation
A visitor takes photos of LEGO brick artwork during the sixth China International Import Expo in November. ZHANG HENGWEI/CHINA NEWS SERVICE Amid surging enthusiasm for out-of-home novel and leisure activities, LEGO, a global leader in toy manufacturing, is strategically expanding its presence by introducing more experience-centered stores in China to captivate more new consumers and forge … Continue reading LEGO expanding experience-centered stores in nation
Competitive growth from China propels Danone in first quarter
The logo of Danone. [Photo/VCG] Leading food and beverage company Danone announces its first quarter results of 2024, with consolidated sales standing at 6.8 billion euros ($7.2 billion), up 4.1 percent on a like-for-like basis, led by China’s sustained competitive growth in all categories. In the first quarter, China, North Asia & Oceania region achieved … Continue reading Competitive growth from China propels Danone in first quarter
Catch-up potential, digital tech vital for growth
CAI MENG/CHINA DAILY China’s growth potential, ongoing as well as in the foreseeable future, depends on two vital factors. First, its ability to play catch up with major economies and next, upon new possibilities unleashed by digital technology through a fresh tech revolution and green transition. Two potentials The catch-up potential refers to the nation’s … Continue reading Catch-up potential, digital tech vital for growth
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
Govt policies to aid banking sector, BOC says
A view of the booth of Bank of China during an expo in Fuzhou, Fujian province. CHEN BIN/FOR CHINA DAILY The central government’s supportive policies are expected to gradually improve business sentiment, boosting domestic demand and laying a solid foundation for the steady development of the banking industry, Bank of China said. The bank’s operating income … Continue reading Govt policies to aid banking sector, BOC says
Nike’s Jordan enjoys above-rim revenue in nation on rising demand
The landscape of sportswear has evolved, with more brands venturing into the realm of luxury. This shift is a response to the rising demand for high-quality, stylish athletic apparel and footwear. The trend’s recent example is the opening on March 23 of World of Flight, a top-end retail concept of the Jordan Brand — a … Continue reading Nike’s Jordan enjoys above-rim revenue in nation on rising demand