IKEA franchisee announces deal with Beijing investment firm
Ingka Centres, a branch of the IKEA franchisee Ingka Group, has announced a new partnership with investment firm GoHigh Capital to establish a real estate fund for China, which will…
Forum on global energy ecosystem held in Beijing
An aerial view of a molten salt tower-type solar thermal power plant in Jiuquan, Gansu province, on Dec 3, 2025. Themed “Join Forces to Shape a Fair, Secure, and Intelligent…
World’s first CDK2/4/6 inhibitor approved in China
The world’s first CDK2/4/6 inhibitor, developed by Chia Tai Tianqing Pharmaceutical Group, a subsidiary of Sino Biopharmaceutical, was officially approved for market launch on Thursday. CDK2/4/6 inhibitors are targeted cancer…
Billionaire offers ‘common-sense’ advice
Supermarket billionaire John Catsimatidis has been a giant in the New York City business world for over 50 years, starting with the purchase of grocery stores and branching out to…
Insurance policy for humanoid robots
Humanoid robots are displayed at the 2025 World Robot Conference (WRC) in Beijing, Aug 8, 2025. As humanoid robots go from laboratories to factory floors, hospitals, shopping malls and homes,…
SABIC bullish on prospects in China
Saudi Arabia-based SABIC, one of the world’s largest petrochemical firms, plans to deepen its investment and collaborative partnerships in China, as it has been leveraging the country’s continuously optimized business…
Early signs of stabilization in FMCG sales
A shopper buys goods at a supermarket in Lianyungang, Jiangsu province. WANG CHUN/FOR CHINA DAILY China’s fast-moving consumer goods market has shown early signs of stabilizing in the first three…
China’s 2025 box office revenue hits 50b yuan
BEIJING — As of 2:30 pm on Saturday, China’s 2025 box office revenue had surpassed 50 billion yuan ($7.08 billion), according to the China Film Administration. Domestic films accounted for…
Alibaba apps to integrate with Qwen
People visit the booth of Alibaba.com during the 136th China Import and Export Fair in Guangzhou, South China’s Guangdong province, Oct 15, 2024. Chinese tech heavyweight Alibaba Group is doubling…
Shandong bolsters cultural industries to propel socioeconomic progress
Farmers weave handicrafts with grass straws to help propel local socioeconomic progress, in Qishan town under Zhaoyuan, Shandong province. In the county-level city of Zhaoyuan administered by Yantai in East…