South Korean tech company Samsung Electronics showcases its vehicle-mounted products and solutions at the 2024 Beijing International Automotive Exhibition. [Photo provided to chinadaily.com.cn] South Korean technology company Samsung Electronics Co Ltd said it will continue to expand in the Chinese market, bolster the updating and iteration of vehicle-mounted technologies, and improve intelligent driving experience in … Continue reading Samsung commits to expanding presence in Chinese market
Tag: products
Domestic brands make steady march overseas
Visitors gather at the booth of Chinese beauty brand Huaxizi, or Florasis, during a beauty industry expo in Shanghai in May 2023. [Photo/China Daily] Domestic brands with unique features and high-quality attributes have been accelerating their pace of going global, and the trend has shifted from low-priced competition to branding development, and increasing applications of … Continue reading Domestic brands make steady march overseas
Chinese electric vehicles see more sales in developing countries
Marelli’s booth at the 2024 Beijing International Automotive Exhibition. [Photo/Marelli website] Developing countries have more potential to increase their adoption of Chinese-made electric vehicles once they expand their associated infrastructure in the years ahead, said a senior foreign business leader. Speaking at its booth during the ongoing 2024 Beijing International Automotive Exhibition, David Slump, president … Continue reading Chinese electric vehicles see more sales in developing countries
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
Small home appliance maker sees expansion of products
Joyoung unveiled its latest small household appliance products. [Photo provided to chinadaily.com.cn] Chinese small home appliance manufacturer Joyoung has accelerated steps to expand the portfolio of its kitchen appliance products and bolster technological innovation, as the company aims to grab a bigger slice of the pie in the highly competitive kitchen appliance market. The company … Continue reading Small home appliance maker sees expansion of products
Expo highlights China Tourism Group’s consumption innovation efforts in Hainan
Chen Yin, chairman of China Tourism Group, delivers a speech at the launch ceremony of the Global Consumption Event Series. [Photo provided to chinadaily.com.cn] The launch ceremony of the Global Consumption Event Series jointly organized by the Hainan Provincial Bureau of International Economic Development and China Duty Free Group took place in Haikou, Hainan province, … Continue reading Expo highlights China Tourism Group’s consumption innovation efforts in Hainan
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
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
COSCO Shipping to bulk up with 80 new vessels
A COSCO vessel docks at Taicang Port, Jiangsu province. JI HAIXIN/FOR CHINA DAILY COSCO Shipping Specialized Carriers Co, a unit of State-owned China COSCO Shipping Corp — based in Guangzhou, Guangdong province — will add more than 80 vessels with different functions into its fleet over the next two years, said a senior executive on Tuesday. … Continue reading COSCO Shipping to bulk up with 80 new vessels
IKEA banks on high-tech in China
A visitor checks out home furnishing products at the IKEA booth during the sixth China International Import Expo in Shanghai in November. [Photo/China Daily] Global furnishings and housewares giant IKEA is investing in automation, robotics and other technologies to help lower operational costs and continuously reduce product prices, while adding more convenience-centric stores in China’s … Continue reading IKEA banks on high-tech in China