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Daniel Ren
Shanghai Bureau Chief
Daniel Ren is the SCMP's Shanghai bureau chief. A Shanghai native, Daniel joined the SCMP in 2007 as a Business reporter.
Daniel Ren is the SCMP's Shanghai bureau chief. A Shanghai native, Daniel joined the SCMP in 2007 as a Business reporter.
Areas of Expertise:
China business, finance and marketsLanguages Spoken:
English, Mandarin
Chinese shipbuilders accounted for 65 per cent of global orders in the first three quarters, down from nearly 75 per cent a year earlier.
However, the rebound may not be sufficient to help the company reclaim lost ground in China, an analyst says.
From cruise ships to deep-sea ocean drillers, China aims to open its vast shipbuilding industry wider to overseas partners.
Leapmotor leads the pack with record sales for a seventh month in a row, while Voyah and Zeekr put on a strong performance.
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CSSC’s plan to develop specialised vessels is in line with Beijing’s ambition to transform the country into a shipbuilding powerhouse.
About 60 per cent of the major performances during this year’s CSIAF featured foreign organisations and artists.
Chinese carmakers are expected to climb the global league tables over the next five years, as technology and scale disrupt the leaders.
A growing export drive by Chinese EV makers aims to soak up overcapacity and secure better profits as incentives fade.
American EV maker says rigorous standards – not geographic origins – guide its vendor choices.
Carmaker says mainland operations can now design and validate new models without approvals from Germany, reducing development time and cost.
Bosideng and other retailers expect winter wear sales to boom for three more months, buoyed by strong demand for high-end products.
Hong Kong benchmark expands membership to 89 after the inclusion of Innovent Biologics.
Huang Shilin retains more than 9 per cent of CATL, whose shares have skyrocketed in Shenzhen and Hong Kong.
Safety is a foundation and a priority, founder and CEO Lei Jun says after Xiaomi’s 500,000th EV rolls off Beijing assembly line.
Xpeng, Cherry and others expand beyond cars, with humanoid robot Iron winning praise from Tesla CEO Elon Musk.
The initiative is expected to increase the fast-food operator’s total number of mainland China stores to 30,000 by 2030.
Occupancy rates improve, but the trend is not sustainable given an uncertain economic outlook, brokers say.
Company prepares to open its first store, in Shanghai, after eight years honing its aesthetic sense and making a splash at CIIE.
Citi is the latest international bank to call for more aggressive policies from Beijing to jolt the country’s ailing property market.
Use of advanced hardware will pick up next year, with some carmakers already adopting it to ‘pre-empt rivals’, CFO says.
The ID Unyx 08 has received government approval to begin production and is expected to enter the market in 2026.
Deal value at the just-ended import fair rises 4.4 per cent from a year earlier, reflecting confidence in Chinese consumer spending.
From hearing aids to nutrition, foreign brands respond to the rising health needs of China’s ageing demographic.
At CIIE, global brands like Tesla and Volkswagen are under pressure to win back market share from local competitors.
The US Food and Drug Administration-approved Marie system promises human-centred care, advanced technology and lower costs.
Founder and CEO Tony Han says listing proceeds will help company expand globally as analysts predict robotaxi growth.
‘We are moving beyond localised production to mastering the core technologies that shape tomorrow’s mobility,’ VW China CEO says.
Addressing government officials, business leaders, merchants in Shanghai, premier said Beijing was resolute about supporting globalisation.
Li Qiang’s plan to visit booths of American companies aims to send strong signal that China is open for global business, sources say.
