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the corner at high speed.
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The group is running 13 stores in Guangzhou, covering nine districts and serving more than 15 million people annually, said Penny Pan, general manager of Decathlon Guangzhou, at a round table dialogue on economic and trade cooperation between Guangzhou and the European Union held on Wednesday.
China is growing, and we definitely want to be part of that," said Calum Laming, British Airways' chief customer officer, who visited Beijing recently to interview candidates for the final round.
In December 2020, its A round investment attracted three investors — Longzhu Capital, the venture capital arm of Chinese internet giant Meituan Dianpin, Hillhouse and CPE-Fund.
According to Huaxi Securities, computing power plays a key role for technology firms to initiate the second round of performance growth amid explosive expansion in deployments for large-scale data center facilities worldwide.
Shein, which was valued at $100 billion during a fundraising round in April 2022, aims to lift its revenues from the $22.7 billion of last year to $58.5 billion by 2025.
The latest round of funding followed an early $50 million angel round.
But with many countries and regions entering a new round of development, we have changed the tack and participated in more developmental and societal projects," said Wang Yusheng, board chairman of Beijing-based CRCEG, a subsidiary of State-owned China Railway Group Ltd, or CREC.
In 2017, the company has obtained a round of pre-A financing of nearly 10 million yuan ($1.3 million) from The Arena Capital and Delta Capital; in 2018, a round A financing of 40 million yuan was obtained, led by Sequoia Capital and CMC Inc, and jointly invested by Volcanic Ventures China and Yuanyao Capital.
2017年，该公司已从the Arena Capital和Delta Capital获得近1000万元人民币（130万美元）的a轮预融资；2018年获得4000万元人民币a轮融资，由红杉资本和CMC Inc领投，火山风险投资中国和元耀资本共同投资。
In December 2021, Maia Active completed a round C financing of nearly 100 million yuan, which was strategically invested by Belle International.
The facility is capable of receiving vessels round the clock, ensuring berthing and immediate unloading of ships to further enhance gas supply capacity, said Hao Yunfeng, president of CNOOC Guangdong Dapeng LNG Co Ltd.
Song Chunyu, vice president of Lenovo Group and senior partner of Lenovo Capital & Incubator Group, said the world is undergoing a new round of technological revolution and industrial transformation, with technological innovation as the strongest driving force for economic upgrading, all accelerating the process of digital and intelligent transformation in various industries.
Qian Jing, vice-president of Jinko Solar, said: "Against the backdrop of global green transformation driven by new energy production, the decarbonization goals do not mean an increase in costs, but rather a new round of robust development, which will present great opportunities (to generate new growth points).
"Qian said in the future, enterprises and countries that take up a leading position in green and sustainable development will be at the forefront of the next round of global economic growth.
Zhang Jianping, head of the center for regional economic cooperation at the Chinese Academy of International Trade and Economic Cooperation, said the implementation of a new round of opening-up measures, such as the Foreign Investment Law, a shortened negative list for market entry and pilot free trade zones have created favorable conditions for foreign businesses to invest in China.
Clean energy, power and agricultural infrastructure now its focus areasThe preferred calling card for Chinese companies in Central Asia has been big-ticket construction and energy projects, but with the region entering a new round of development, China Railway 20th Bureau Group Corp is changing tack.
"The new round of medical infrastructure construction globally has created new opportunities for Chinese companies.
"Even though China's convention and exhibition industry was affected by the COVID-19 pandemic, the sector is facing a new round of growth opportunities from supportive policies and digital tools," Marzin said, noting the industry is naturally connected to the upstream and downstream of various industries.
InterSystems has tripled its office space in Beijing and hired more people, marking a new round of expansion and voicing a strong commitment to the Chinese market.
This year's Government Work Report and a flurry of meetings of the State-owned Assets Supervision and Administration Commission have reiterated the imperative need to push forward a new round of reforms for China's State-owned enterprises.
A new round of SOE reforms is currently gathering momentum.
As China's three-year action plan for the reform of SOEs (2020-22) has yielded notable results, a new round of reforms will enhance the effectiveness of China's SOEs and accelerate the growth of pioneers in modern industrial chains.
Consistent with previous policies, the new round of reforms will still remain in a phase wherein greater efforts are called for to push ahead relevant measures, with more efforts aimed at sharpening core competitiveness and enhancing the core functions of SOEs.
In early 2023, the SASAC proposed that the new round of reforms will further improve the core competitiveness in terms of technological capacity and overall efficiency, and enhance core functions by optimizing and adjusting corporate architecture.
As an important part of China's economy, SOEs may accelerate the promotion of industrial breakthroughs and green upgrading in the new round of reforms.
In 2023, the new round of SOE reforms may resonate with the new era's Juglar cycle — a fixed investment cycle of seven to 11 years to create synergy — which will help accelerate the development of SOEs in equipment manufacturing and high-end industries.
Meanwhile, the implementation of relevant policy measures will deliver the new round of reforms at a faster pace with a special focus on underpinning industrial upgrading.
The ticket price for the round trip between Belgrade and Novi Sad is 8 euros ($8.5), compared with about 20 euros for a round trip in a car that includes gas and road tolls.
LangBoat, a Chinese provider of large language models, announced it has finished its Pre-A plus round of fundraising and moved total financing to several hundred million yuan.
The fundraising round, led by Beijing Zhongguancun Science City Co, attracted previous investors including investment firm Sinovation Ventures and Eight Roads.
这轮融资由北京中关村科技城有限公司牵头，吸引了包括投资公司Sinovation Ventures和Eight Roads在内的先前投资者。
The new round of financing will be used for research and development of core technology products and marketing for sustainable development," he said.
"We have upgraded the global brand strategy by deeply participating in global retail market competition following a new round of recovery in the offline consumption sector," said Ye Guofu, founder and chief executive officer of Miniso, for which 2023 marks the 10th year since its establishment.
Shen said China's platform economy is expected to usher in a new round of healthy development.
Other investors participating in this round include Highlight Capital, Bayland Capital and HM Capital.
参与本轮投资的其他投资者包括Highlight Capital、Bayland Capital和HM Capital。
Ke Ruiwen, chairman of China Telecom, said that a new round of scientific and technological revolution and industrial transformation is accelerating, which is spurring demand for new consumption forms.
The current round of test flights will verify the reliability of the preparations done by China Eastern for the C919.
China's platform companies and the digital economy are expected to embrace a new round of high-quality development after two years of healthy correction, which will also bring new dynamics to the country's private sector and economic growth, government officials, leading industry experts and company executives said on Tuesday.
To some extent, China's platform economy is expected to usher in a new round of healthy development," Wei said.
As the last round of strategic cooperation agreements with Tencent, JD, Alibaba and Baidu expire, China Unicom inked new deals with the four strategic investors on Tuesday for a new round of comprehensive cooperation.
At the Forum, Beijing iCampus also welcomed a new round of five high-tech startups to its facilities.
With China entering a new era of green and innovation-led growth, the country's new round of reform and opening-up will encourage global companies from the high-end manufacturing sector to further transform traditional industries with smart manufacturing in the country, said Wang Wen, executive dean of the Chongyang Institute for Financial Studies, which is part of the Renmin University of China in Beijing.
Other investors including VMS Group and Youshan Capital, with existing investors such as Lightspeed China Partners and US-based Lightspeed Venture Partners also participated in this round.
包括VMS集团和友山资本在内的其他投资者，以及Lightspeed China Partners和美国Lightspeed Venture Partners等现有投资者也参与了本轮投资。
The report added that the new round of layoffs could be announced as soon as Monday.
According to Tianyancha, a Chinese corporate information provider, Honor has recently completed a new round of strategic financing from six new investors such as BOE, China International Capital Corp Qizhi (Shanghai) Equity Investment Center, Guosen Capital and Shenzhen Baoan District Investment Management Group.
The implementation of a new round of opening-up measures, such as the shortened negative list for market entry and pilot free trade zones, has created favorable conditions for foreign businesses to invest in China, Zhang added.
Martell has launched a new round of campaigns in partnership with more than 500 retailors, restaurants, bars and KTVs nationwide, covering a variety of drinking occasions.
"This fully confirms that Guangdong, a major global production base, not only has a good atmosphere of opening-up and Sino-foreign cooperation, but also has a good business environment to attract international investment," he said, adding that Zhanjiang is in a key stage of a new round of great development.
China's new round of reform and opening-up will encourage global companies from the high-end manufacturing sector to further transform traditional industries with smart manufacturing in the country, said Wang Wen, executive dean of Chongyang Institute for Financial Studies of the Renmin University of China.
According to Hua Chuang Securities, Moutai's new managing group is taking proactive methods to promote business reform, which is leading in a new round of growth.
Sewingtech, founded by former head of the pan-tilt algorithm at drone leader DJI, has raised tens of millions of yuan in its angel round of financing from the cutting-edge technology fund of investment firm Sinovation Ventures.
According to the company, the fresh fundraising round will be used to promote the research and development of products and client authentication.
Shipments, especially those to the Association of Southeast Asian Nations — which has become China's biggest trading partner — embarked on a new round of recovery.
At one of its facilities, a cluster of more than 20 oil wells run round the clock, all powered by electricity generated by over 150 photovoltaic (PV) panels nearby.
"Chinese medical device enterprises have made remarkable progress in innovation and commercialization since the newest round of national medical product regulatory reforms were launched in 2015," said Shi Lichen, founder of medical consulting firm Beijing Dingchen Consultancy.
AI has become a core driving force for the new round of the technological and industrial revolution in China, bringing tremendous changes to the country's development and people's lives in many fields, including healthcare, education, transportation, security and finance, said Ren Xianliang, chairman of the China Federation of Internet Societies.
He recalled that it had been 13 years since he posted his first message on micro-blogging platform Sina Weibo on Sept 7, 2009, and said he would devote himself to a new round of entrepreneurship from Monday.
It took a company an average of nearly six years from the time they were certified as little giants to the time they raised their first round of financing, which is longer than the average investment cycle of VCs and PEs, according to the institute's report.
"New breakthroughs are just around the corner to usher in a new round of improvement in the sector's energy efficiency," she added.
The implementation of a new round of opening-up measures, such as the Foreign Investment Law, shortened negative list for market entry and pilot free trade zones, have created favorable conditions for foreign businesses to invest in China, said Zhang Jianping, director-general of the Beijing-based China Center for Regional Economic Cooperation.
Industry analysts said the country's multibillion-dollar tea drink segment is set for a round of rationalization as players are intensifying their competition for bigger market shares.
The angel round was jointly invested in by Sequoia Capital China, Legend Star and Sinovation Ventures.
The pre-A round attracted other investors, including Linear Capital and Challenjers Venture.
According to the company, the new round of funds will be used for research and development, talent recruitment, mass production capacity building and business expansion.
Ontime, a mobile transportation platform headquartered in Guangzhou, capital of Guangdong province, has finished a round of financing of more than one billion yuan ($150 million), the company announced on Tuesday.
After this round of financing, which was also the first of its kind this year in the domestic intelligent online travel industry, the company said it would accelerate the commercialization of robotaxis, aiming to become a leader in automatic driving technology.
In the new round of financing, two leading automatic driving technology companies including Pony.
"Tao said that several government departments have worked almost round the clock to help enterprises resume work and production as quickly as possible.
With a weekly freight capacity of more than 500 metric tons, airfreight services using the route will be shouldered by cargo airline Aero-Logic, with six weekly round trips made by a Boeing 777 all-cargo aircraft, DHL Express said.
The route is operated by the cargo airline AeroLogic, with six round trips made by Boeing 777 all-cargo aircraft each week.
This round of investment is led by DCP alongside co-investors QY Capital, VMC, Guangzhou Finance Holdings and Proterra Investment Partners, with Cygnus Equity acting as the financial adviser.
Zhang Jianping, director-general of the Beijing-based China Center for Regional Economic Cooperation, said the implementation of a new round of opening-up measures, such as the Foreign Investment Law, shortened negative list for market entry and pilot free trade zones have created favorable conditions for foreign businesses to invest in China.
Mindfront Health, which focuses on providing comprehensive diagnosis, treatment and evidence-based psychotherapy services, announced that it has with the support of Northern Light Venture Capital completed its pre-series A funding round.
Novotech Health Holdings, a leading biotech company, announced it has raised a total of $760 million in its latest financing round, which will drive the company in pursuing further growth opportunities.
The new round includes a $255 million private placement and a $505 million refinancing transaction.
In March, the company announced that it has closed a Series B funding round of hundreds of millions of yuan, and the company said that the financing will be used to fund the company's business.
Petroineos said it completed the green and sustainable development trade financing round with the British lender.
Last year, DXY announced the completion of a $500 million round of financing led by Trustbridge Partners and followed by Tencent Investment and GL Ventures.
Multinational pharmaceutical company AstraZeneca has joined government, industry, academia and investment institutions at the ongoing fourth China International Import Expo to usher in a new round of signings promoting a healthcare ecosystem.
The implementation of a new round of opening-up measures, such as the Foreign Investment Law, shortened negative list for market entry and pilot free trade zones have created favorable conditions for foreign businesses to invest in the world's second-largest economy, he added.
The new round of financing will be used to expand its production capacity and accelerate the research and development of other core equipment in packaging, and furthermore contribute to the homegrown semiconductor industry.
Yu Lihua, general manager of Cytiva China, the local subsidiary, said supply chain challenges have been plaguing the biopharmaceutical sector, so Cytiva's latest round of investment should help improve the situation.
Moreover, the implementation of a new round of opening-up measures, such as the Foreign Investment Law, shortened negative list for market entry, and pilot free trade zones, have created favorable conditions for foreign businesses to invest in the world's second-largest economy, he added.
GCH, founded in 2002 in Guangzhou, the capital of Guangdong province, was listed on the Shanghai Stock Exchange STAR market in June, a new step to lay a solid foundation for a new round of high-speed growth for the company.
"China's growing ODI in high-end manufacturing, agriculture, digital and innovation businesses is likely to lead a new round of 'going global' for domestic companies," said Zhao Ping, deputy head of Beijing-based Academy of China Council for the Promotion of International Trade.
Despite the spread of the Delta variant triggering a new round of the COVID-19 epidemic in South China's Guangdong province and some overseas markets, Miniso managed to add 162 stores and 24 Top Toy stores to its global store network during the fourth quarter of the fiscal year 2021, according to Ye Guofu, founder, chairman and chief executive officer of Miniso.
Chinese e-comics platform Kuaikan announced on Monday that it has raised $240 million in a new funding round which will help accelerate its development and efforts to explore international markets.
Berry Oncology, a Chinese startup focusing on genomic testing of cancers, has completed a series B1 round of financing of nearly 700 million yuan ($99 million) which brought up its total fundraising to date to about 2 billion yuan.
The new round was led by China Merchants Capital, and existing investors Qiming Venture Partners and Legend Capital, as well as new investors such as CICC Qichen and E Fund also participated.
"At present, the world is ushering in a new round of innovation.
Yusur, a leading Chinese startup on data processing units, or DPUs, announced that it had raised several hundred million yuan in its series A round of fundraising, as the company continues to beef up its business to be at the forefront of the next generation of chips.
Led by Huatai Innovation Investments, the new financing round also attracted investors including Lingjun Investment and Guoxin Creative Fund.
Prophesee, the world's leading provider of neuromorphic vision solutions, is looking to beef up its global presence, especially in the Chinese market, with the latest round of fundraising led by the country's tech venture capital firm Sinovation Ventures.
The French company raised tens of million dollars in its latest round of fundraising, which also attracted the country's tech giant Xiaomi Corp and Inno-Chip, an investment firm that has obtained investment from Will Semiconductor, owner of OmniVision.
With the new round of fundraising, Luca Verre, CEO and founder of Prophesee, said that the firm will accelerate the development and commercialization of its next generation hardware and software products as well as to expand market and further scale the company.
Although freight charges dropped slightly after Lunar New Year, the unexpected Suez Canal blockage in March after one of the world's largest container ships got wedged there following a sandstorm, caused a new round of capacity shortages and higher freight costs, a report by the Shanghai International Shipping Institute said.
Investors including CPE, OrbiMed, Mirae Asset Capital, B Capital Group, Deerfield Management, Maison Capital, Lake Bleu Capital, President International Development Corporation, Sequoia Capital China and Sage Partners also were newly attracted into the round.
The company said in December that it has raised 2 billion yuan ($305.6 million) of strategic investment from a Qingdao government fund while Dingdong Maicai raised $330 million in a latest funding round led by SoftBank Vision Fund.
In April, the firm raised $700 million in its D round of financing from a group of investors, which will be used for new regional expansion, supply chain investment and team building, said Sina.
On May 12, Dingdong Maicai announced it completed a D+ round of financing to raise $330 million, which was led by SoftBank Group Corp's Vision Fund.
Dingdang Health, China's leading integrated online healthcare platform, announced on Tuesday that it has raised $220 million in its latest round of financing led by TPG Capital Asia.
Co-led by OrbiMed and Redview Capital, the round also attracted investors including Valliance; Travis Global Ltd, which is an affiliate of Orchid Asia; Summer Capital; and Yingke PE.