Business

2024-05-22

New factory of Coca-Cola bottler breaks ground in China's Guangdong

The construction of a new factory of Swire Coca-Cola Ltd., a bottler of Coca-Cola, with an investment of 1.25 billion yuan (about 175.89 million U.S. dollars), started Tuesday in south China's economic powerhouse province of Guangdong.

2024-05-20

Flying car maker plans to take orders this year

Xpeng Aeroht, a flying car unit of Chinese electric vehicle maker Xpeng Motors, will launch preorders for its modular flying car in the fourth quarter of this year, according to a senior company executive.

2024-04-23

WeRide taps world mkt for driverless tech

Autonomous driving company WeRide said it is expanding its global footprint, following the approval of autonomous driving permits in Singapore and the United Arab Emirates last year.

2024-04-18

Gifting one's way to business potential

Yanzhifang Food Co Ltd, a nutritious grains producer based in Anhui province, is growing at a rate of 50 percent annually from a new business category — gifts.

2024-04-18

Smart translator boosts trade at Canton Fair

Smart translators have turned into a boon for Chinese exporters and foreign buyers as far as cross-language communications services go at the China Import and Export Fair.

2024-04-11

Nation ranks 2nd for new unicorns in '23

Led mainly by artificial intelligence, semiconductors and new energy, China developed 56 new unicorns in 2023, following the United States' 70 such firms, according to a global unicorn index released on Tuesday.

2024-04-11

BeiGene eyes imminent production in Guangzhou

BeiGene Ltd, a global oncology company, announced on Monday the completion of its antibody-drug conjugate production facility in Guangzhou, capital of Guangdong province, demonstrating its commitment to the industrialization of innovative medicines.

2024-04-09

Innovative business environment attracts scores of enterprises

Guangzhou's business environment continues to be favored by investors, driven by the city's efforts to reduce enterprise costs and optimize the industrial ecosystem, officials said.

2024-03-19

China Southern Airlines to open air route between Guangzhou and Doha

Starting from April 22, China Southern Airlines will open a new direct route from Guangzhou to Doha, the capital of Qatar. This will offer passengers from both countries more travel options.

2024-03-19

Foreign investors sanguine on China's economic potential, prospects for profits

US energy giant ExxonMobil plans to invest 10 billion yuan ($1.39 billion) in its Huizhou ethylene project in South China's Guangdong province this year.

2024-03-06

China to ensure national treatment for foreign-funded companies

China will implement measures to ensure the national treatment for foreign-funded enterprises, according to a government work report submitted Tuesday to the national legislature for deliberation.

2024-03-04

Chinese drinks maker unveils overseas brand globally

Chinese natural plant-based drinks maker Guangzhou Wanglaoji Health Industry Co Ltd recently unveiled its international overseas brand "WALOVI" globally, stepping up their going-global efforts.

2024-03-01

AmCham bullish on Guangzhou as primary investment destination in China

The majority of 183 companies studied are optimistic about the growth of the Chinese market, according to a report released by the American Chamber of Commerce in South China (AmCham South China) on Tuesday.

2024-02-28

Guangdong opens services to Taiwan for development opportunities

Guangdong will actively build an international, market-oriented, and legalized business environment, and provide high-quality services for Taiwan compatriots to start businesses, seek employment, and invest and develop in Guangdong.

2024-01-30

EU-Guangzhou Trade Surpasses $27b, Securing Top Partnership

2024 EU-Guangzhou Business Dialogue was held on January 24 to strengthen trade and economic cooperation between Guangzhou and EU countries.

2024-01-29

Guangzhou Railway Station revamp to elevate Greater Bay Area connectivity

The Guangzhou Railway Station is on the brink of a transformative leap to become the "Guangdong-Hong Kong-Macao Greater Bay Area Central Station," heralding a new era of development for the region.

2024-01-18

GDP of China's Guangzhou to surpass 3t yuan in 2023

GUANGZHOU - Guangzhou, the capital city of South China's Guangdong province, is expected to see its GPD exceed 3 trillion yuan ($422 billion) in 2023, local authorities said Monday.

2024-01-12

Nansha set to play key role in GBA prosperity

China is betting on a slew of incentives to help build Nansha district in Guangzhou, Guangdong province, into a strategic hub for technological innovation and advanced industries, making it an attractive destination for international talent and investments, analysts said.

2024-01-11

Guangzhou's significant development surges in 2024

At the beginning of 2024, Guangzhou's major development platforms showed vibrant vitality. In Nansha, over 1,000 talent apartments have opened for application, propelling the five-year talent growth rate to exceed 100 percent.

2024-01-09

Guangzhou's districts excel in foreign investment, innovation

The Ministry of Commerce recently announced the results of the 2023 national assessment and evaluation of the comprehensive development level of national economic and technological development zones.

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