China's film industry continued to prosper during the first half of the year, driven by a continued expansion in the number of cinemas and the growing popularity of going out to watch a movie.
Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Co, China's largest rare earth miner normally abbreviated to REHT, raked in 3.2 billion yuan ($500.1 million) in revenue during the first half of the year, a 35 percent year-on-year increase, according to its latest financial report.
The country's rare earth producers say they have increased their efforts at upgrading product ranges and shifting toward downstream businesses due to a glut in supplies of the raw materials, including those produced by illegal mining.
Sustainable investing is transforming the business world. Simply put, companies that successfully manage environment and sustainability-related issues stand to see the benefits of that strategy reflected in their share price.
China's market, the largest in the world for many consumer brands, is obviously strategically important to multinationals. For many years, leading global companies, including Volvo Group, have benefited by developing their operations through investment and cooperation with local partners.
Fears that China is heading for an economic recession have been overstated. After last week's global market mayhem, concerns from Western analysts and economists surfaced again.
The recent decision to depreciate the yuan by the People's Bank of China, or central bank, caught many people by surprise. This triggered speculation that all was not well with China's economy.
Despite the golden sunshine and the allure of world-renowned research institutes, Winnie Lun did not want to stay on in California. After spending 30 years in the United States, Lun decided to return to Hong Kong, her home city, lured by the abundant government grants that would help fast track the growth of her biotech company.
"Government funding is always part of the seed money that innovators need to start their R&D, and it encourages and attracts funding and investment from the private sector."
The letters "DJI" stir both pride and regret among Hong Kong's technology community.
Ken Hu, global rotating chief executive of Huawei Technologies Co Ltd, one of the world's major telecom equipment providers, attributed the company's growing presence in the global market to its consistent investment in research and development over the years.
A few years ago, they were not as big as telecom-equipment provider Huawei Technologies Co and Internet giant Tencent Holdings Ltd, which had already helped build Shenzhen into a global player driven by innovation.
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Raymond Zhou
Op Rana
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Huang Xiangyang
Chen Weihua
