The Xi'an High-tech Industries Development Zone is speeding up efforts to build itself into an international production base of high-tech industry in the next three to five years, senior officials said.
BEIJING - Su Tongqiang and his ceramics company in Shandong province have bid farewell to wafer-thin profit margins, making an extraordinary transformation thanks to the business dynamics of adding value.
China will play a key role in Adient's strategy of expanding its non-automotive revenue to $1 billion per annum by 2021, thanks to the country's ongoing transportation infrastructure development, said a senior executive of the company.
Dutch global dairy giant Royal FrieslandCampina is bullish on the growth potential of the market in China and plans to expand its investments and develop more Chinese-catered dairy products.
ZHENGZHOU-The co-founder of Ofo Inc, China's biggest bike-sharing startup, sees a bubble in the industry but says his multibillion dollar business has the scale needed to survive any bust.
ZHENGZHOU - TCL Corp Chairman Li Dongsheng said the Chinese electronics giant is in the final stages of making an investment in a US technology company that would be worth as much as $300 million and urged President Donald Trump's administration to allow him to seal the deal.
China Telecommunications Corp said on Monday that it will invest more than $1 billion over the next three to five years to expand its presence in economies along the Belt and Road Initiative.
The World Bank Group and the China-led Asian Infrastructure Investment Bank signed an agreement on Sunday to strengthen cooperation and knowledge sharing between the two multilateral financial institutions.
Measures this year across China to rein in both speculative investments in the property sector and skyrocketing home prices appear to be "effective".
Homeowners who wish to upgrade to more spacious or better-located properties are among those most impacted by the recent tightening of China's home purchase rules.
In Beijing's Chaoyang district, Yue Shulin, 31, a real estate agent, has been "taking a break" for more than two weeks, the longest time he has ever been off work since starting his career in the industry in 2009.
By adapting its strategic plans to economies related to the Belt and Road Initiative, Taiyuan Heavy Industry Co Ltd, a heavy machine manufacturer, is confident of realizing its export target of 2 billion yuan ($289 million) this year, up from 1.36 billion yuan last year, according to its executives.
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