Nestle has teamed up with coffee giant Starbucks to launch a new series of coffee products on Thursday for the Chinese mainland market, which are also the alliance's first products in the market since it was established in August last year.
China is investing more in cutting-edge technologies and innovation, as well as expanding in emerging industries
New Zealand-based global dairy giant Fonterra on Wednesday announced its intention to sell part of its stake in Beingmate Baby and Child Food Co Ltd, which market insiders believe may lead to the end of their four-year collaboration.
Shandong province will play a bigger role in the Belt and Road Initiative with the help of the newly consolidated Shandong Province Port Group, which will expand its operations into the country's inland areas, industry officials and insiders said.
Production and sales of Chinese photovoltaic products saw robust growth during the first six months of this year, on the back of strong performance in overseas markets, an industry expert said.
Demand from Chinese companies for skilled and highly educated overseas returnees has intensified as China continues to deepen its reform and opening-up, a new study said.
Happy days are here again for Chinese instant noodle makers, as products with better taste, healthier recipes and more innovative cooking techniques are gaining in popularity. Though the product had been largely phased out in the Chinese market due to the consumption upgrade in recent years, sales of such products have started rising again, an industry report said.
Amid a wave of closures of various Indians banks' China operations, India's largest lender said it will not only stay committed to serving the mainland market but seek fresh growth opportunities, to boost both bilateral trade and the growing Chinese investments in Indian startups.
The chief executive of HSBC has stepped down after less than two years in the job, as the banking giant revealed solid first half profits but warned it faced "challenging" geopolitics.
Editor's Note: China's economy has maintained stable growth, increasing 6.3 percent year-on-year in the first half of 2019. China Daily invited senior executives of multinational companies to share their views on the nation's economic development and outlook.
China's growing clean power demand has boosted the rapid development of nuclear power in the country, making it among the few in the world to have independently developed third-generation nuclear power technology, with a complete industry chain, industry experts said.
Chen Jiaxin, a post-90s game developer in Shenzhen, Guangdong province, takes time out to have a beverage every day. On most occasions, it would be a takeout bottle of pearl milk tea from yidiandian, a milk tea shop, but on other days it would be a cup of iced lemon tea in the afternoon with his friends at a nearby cafe.
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