Small and medium-sized enterprises in Guangzhou, the capital of Guangdong province, will be allowed to apply for innovation vouchers, or small lines of credit provided by the local government to purchase scientific research services, according to a top official of the local government.
Sales will continue to grow as major companies roll out new products with long-lasting flavors in a highly competitive market Wallace Chung looked as if he had just stepped off a movie set. Dressed in an electric blue jacket with matching white shirt, trousers and shoes, the Hong Kong actor and recording artist was ready to meet his adoring audience to talk about his latest venture - chewing gum.
Foreign confectionary and food companies are facing stiff competition from major domestic players.
Trade remedy measures against high-tech and high value-added product exports from China rose significantly in the first six months of the year, despite an overall slowdown in the number and value of trade friction cases.
The nation filed 169 anti-trust cases to tackle unfair competition at home and in overseas markets during the first six months of the year, up 46 percent on a year-on-year basis, the Ministry of Commerce said on Tuesday.
China hopes that the long-delayed international negotiations on adding more tech products to a tariff-free treaty backed by the World Trade Organization will be put through soon, a senior trade official said on Tuesday.
Officials working on several innovative measures to boost business within the region
WeChat's daily step-counting service is driving my girlfriend crazy.
Innovation was in full flow in Shenzhen, Guangdong province on Monday as prospective inventors turned up in full force and showcased their products and technology at the ongoing KuangChi Global Innovators' Conference.
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