Despite the economic slowdown and less promising outlook predicted by many organizations, finance professionals are still confident of better employment opportunities in China next year, a survey said on Wednesday.
Volkswagen Group China founded a lab to study powertrains and donated three of its most advanced engines and gearboxes to a vocational school in Jiangxi province on Dec 9.
China is likely to raise its previously announced gross domestic product value for 2013 by about 3 percent to better reflect the rapid development of the tertiary sector in the country, the nation's top statistician said on Tuesday.
Outbound direct investment by Chinese enterprises could exceed inbound foreign direct investment for the first time this year as companies diversified their activity around the world from infrastructure projects to technology and brands, a government spokesman said.
Countries on the Silk Road Economic Belt and 21st Century Maritime Silk Road, two initiatives proposed by China to promote regional integration and facilitate trade on the Eurasian continent and in the Pacific and Indian Ocean regions, have been doing more business with China this year.
Jack Ma, China's richest man, and his team from Alibaba Group Holding Ltd had barely wrapped up meetings in Los Angeles with top international film studios before their competitors rushed in.Jack Ma, China's richest man, and his team from Alibaba Group Holding Ltd had barely wrapped up meetings in Los Angeles with top international film studios before their competitors rushed in.
State-controlled oil refiner Sinopec Group is planning to increase the number of young executives aged below 45, to more than 10 percent next year, in its top management team as the company seeks to further develop its talent pool.
Manufacturing labor costs in China will continue to rise steeply at 12 percent annually until 2020, according to a new report, but the wage increases will not be matched by similar rises in productivity, casting a shadow over the future competitiveness of the world's largest manufacturing base.
The European unit of China General Nuclear Power Corp is taking an 80 percent stake in three wind farms in the United Kingdom, where it hopes to expand in the renewable energy market.
A bank partly backed by Tencent Holdings Ltd has won approval to start operations, making the Shenzhen Qianhai Weizhong Bank the first of five new private lenders to start operations.
After exporting all its products to the Japanese market for eight years, Genseida Food Co Ltd started to sell domestically this year.
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Raymond Zhou
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