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  • Chinese commerce minister meets chairman of BMW AG

    Chinese Commerce Minister Wang Wentao met with Oliver Zipse, chairman of the board of management of BMW AG, in Beijing on Saturday, according to a statement released by the Ministry of Commerce.

    March24,2025


  • Metro AG to launch first store in China's Hainan

    German retail giant Metro AG is set to open a new store in Haikou, capital of south China's Hainan Province, in the second half of this year.

    January03,2025


  • Porsche AG replaces Puma in Germany’s DAX

    A tuned Porsche 911 RS 38 is looked at by a trade visitor at the Essen Motor Show. Porsche AG replaced sportswear company Pum...

    December23,2022


  • China has over 1,500 green hotels

    According to a report released by the China Hospitality Association, there are currently over 1,500 green hotels in the country.

    March06,2023


  • Continental AG expands production capacity at China tire plant

    German car parts supplier Continental AG put into operation the fourth phase of its tire plant in Hefei, capital of east China's Anhui Province, on Thursday, said the company.

    June21,2024


  • GLOBALink | China-Africa Green Dialogue: Sustainable life in sustainable hotels

    On this World Environment Day, from China to Kenya, we explore how ecotourism accommodation can be both pleasant and eco-friendly.

    June05,2025


  • Financial investor Silver Lake takes a stake in Software AG

    The US-based financial investment firm Silver Lake is investing in the German company Software AG. Silver Lake will subscribe to convertible bonds of the company for approximately 344 million euros, representing about 10 percent of the currently issued share capital.

    December15,2021


  • China's chain hotel market maintains steady growth in 2024

    China's chain hotel market continued its solid upward trend in 2024, with the number of chain hotel rooms increasing year on year, according to a report released by the China Hospitality Association on Tuesday.

    April23,2025


  • Hotel industry moves to cover lower-tier markets in the rational consumption cycle

    Tourists now show strong awareness of "cost effectiveness" in hotel consumption, experts say, who also observed increasing demand for high-quality hotels for county-level destinations.

    October17,2024


  • Porsche AG closed the year with record sales thanks to China

    More than one third of the cars of the Stuttgart-based Group were sold in China in 2020, which means around 89,000 units, up 3% compared to 2019.

    March23,2021


  • STS Group AG to expand in China with a new plant in Taixing

    The new location will promote the proximity to customers of a smart manufacturing cluster and new materials industry, cut costs and protect the environment

    May31,2022


  • German steel producer Salzgitter AG invests 723 million euros in low-CO2 production

    German steelmaker Salzgitter AG is investing 723 million euros in low-carbon steel production. The first order for this was placed this week.

    August26,2022


  • Chimelong to open panda-themed hotel

    Chimelong Group will soon open a panda-themed hotel in Guangzhou, the capital of Guangdong province, to meet growing domestic demand for leisure hospitality from families.

    February13,2018


  • The Birth of Paradise Hill Hotel

    As the first Sino-foreign joint venture in the tourism industry, Paradise Hill Hotel was established eight years prior to the promulgation of the Law of the People’s Republic of China on Sino-Foreign Contractual Joint Ventures.

    November27,2017


  • Siemens AG plans a new innovation centre in Berlin or abroad

    German technology conglomerate Siemens AG plan to invest 600 million euros (703 million dollars) in an innovation centre, a Zukunftscampus (translated meaning "future campus").

    August03,2018


  • Malls, supermarkets, hotels to be fully reopened in China

    China is set to orderly open up public places and entertainment venues, according to a guideline issued by the State Council on Friday.

    May09,2020


  • Starwood forms JV to run hotels in China

    The U.S.-based private investment firm Starwood Capital Group has formed a joint venture with a Chinese partner to run middle and upper scale hotels in China.

    July13,2017


  • Trip.com Group sees increased outbound air ticket and hotel reservations in Q4 2022

    China's online travel agency Trip.com Group (NASDAQ: TCOM, HK: 9961), formerly known as Ctrip, saw the outbound air ticket and hotel reservations on its platform increase by more than 200 percent and 140 percent year on year respectively in the fourth quarter of 2022, China Securities Journal reported on Tuesday.

    March07,2023


  • Hilton hotels make moves to increase presence in China

    Hilton Hotels & Resorts, a flagship brand of the global hospitality provider Hilton, will open 100 more hotels in China within the next three years, according to a senior company executive.

    July12,2017


  • Chinese Jifeng takeover of German Grammar AG almost complete

    Chinese auto parts group Ningbo Jifeng has exceeded the threshold for its takeover offer to the shareholders of German company Grammer AG.

    August09,2018


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