Life should be pretty easy for Volkswagen at the moment.
The Viaggio, the first model from China-Italian joint venture GAC Fiat, rolled off the production line at its Changsha plant in central China's Hunan province last Thursday as a newcomer to the intensely competitive compact auto segment.
Sino-German joint venture Shanghai Volkswagen produced its 8 millionth car on June 28, just nine months after it made the 7 millionth vehicle.
Changyu Pioneer Wine Co, China's oldest and largest wine producer, held a series of activities from June 26 to 28 to mark its 120th anniversary.
When Qing Dynasty diplomat Zhang Bishi returned to his homeland from overseas to found Changyu Pioneer Wine Co in Yantai, Shandong province, 120 years ago, he might not have expected it to become the world-class wine company that it is today.
Helmut Broeker, chief executive officer of Porsche China, said he strongly believes that the new extension of Porsche China's Empowering the Future initiative will help support more young Chinese people in remote areas, with programs targeting different age group.
The only Chinese bank in continuous operation for 100 years, Bank of China Ltd (BOC) will continue to expand its overseas network to further develop its transnational business, said executives of the giant State-owned commercial lender.
Bank of China Ltd has established overseas branches in New York and London, which sets a good model for other Chinese lenders that are seeking to expand into the developed markets and build up a strong reputation among its local clientele.
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