French companies to step up investment in China2024-04-10
Leading French companies are set to invest more in China, it emerged at business talks held in Paris this week.

Chinese dairy giant Mengniu sees profit, revenue growth in 20232024-03-27
China Mengniu Dairy Company Limited reported an operating profit of 6.17 billion yuan (about 870 million U.S. dollars) in 2023, up 13.8 percent year on year, the company said in its annual report.

German agribusiness giant Bayer confident in China's seed industry2024-03-22
German agribusiness giant Bayer is confident in China's seed industry and is willing to participate in China's biotechnology development, as the revitalization drive is accelerating the development of the market, said a Bayer executive.

Apple opens largest retail store on Chinese mainland in Shanghai2024-03-22
Smartphone maker Apple on Thursday inaugurated its largest retail store on the Chinese mainland in Shanghai, with Apple CEO Tim Cook opening the doors of the new store and welcoming Chinese consumers.

Mercedes-Benz, BMW register NEV charging joint venture in Beijing2024-03-11
A new joint venture (JV) set up by Mercedes-Benz Group China Ltd. and BMW Brilliance Automotive Ltd. has been registered in Beijing's Chaoyang District, sources with the district authorities have said.

Siemens Advanta establishes China headquarters in Suzhou2024-03-06
Siemens Advanta, a business unit of Siemens offering digital transformation and industrial Internet of Things (IoT) solutions, signed documents on Monday establishing its China headquarters in the city of Suzhou, east China's Jiangsu Province.

Nestle China reaps sweet gains on demand surge2024-02-27
Nestle China posted 2023 sales of 43.6 billion yuan ($6.06 billion), up 4.2 percent year-on-year, driven by increased product demand and e-commerce business, alongside a surge in market shares among soluble coffee, pet foods and confectioneries, according to its 2023 financial report.

AstraZeneca makes Shanghai its fifth global strategic hub2024-02-27
Shanghai has become the fifth global strategic hub for the British pharmaceutical company AstraZeneca, joining hubs in the United States, Sweden and UK, the company announced at the 2024 Shanghai Bio-Pharmaceutical Industry International Development Conference that opened on Monday.

McDonald's charts ambitious roadmap in China by 20282024-02-22
Quick service restaurant chain McDonald's Corp is aiming to operate 10,000 outlets in China by 2028, on the back of a record-breaking number of new store openings last year.

ExxonMobil to invest 1.4 bln USD in China ethylene project in 20242024-02-19
U.S. energy giant ExxonMobil plans to invest 10 billion yuan (about 1.4 billion U.S. dollars) in its Huizhou ethylene project in south China's Guangdong Province this year.

McDonald's seeks to expand in lower-tier cities in China2024-02-08
Global fast food chain McDonald's seeks to continue its expansion and plans to open 1,000 restaurants in China in 2024, according to Bloomberg News.

Chinese, Lao grid joint venture launches operation2024-02-01
The Electricite du Laos Transmission Company Limited (EDL-T), a joint venture between China Southern Power Grid (CSG) and Lao state-run Electricite du Laos (EDL), has formally started operation, local media reported on Thursday.

Beverage brands rapidly expand overseas presence2024-01-29
Chinese fresh beverages brands are expanding their businesses overseas, gradually integrating into local communities and winning the hearts of consumers through high-quality products and services.

Goodyear eyes partnerships with Chinese auto players2024-01-29
Fueled by an automobile production boom and green transformation in China, Goodyear Tire and Rubber Co plans to partner with more Chinese automakers and passenger transportation platforms to maintain robust growth in the country, a senior executive of the United States-based tire manufacturer said.