Airbus SAS expects its new China A330 completion center to deliver a jet per month starting in 2017, rising to two per month in the following two years, the firm's China head said on Tuesday.
Despite a sluggish global economy, foreign companies remain confident about the direction of the Chinese economy and market, with reinvestment budgets set to increase by more than 8 percent in southern China this year.
"Even if we are supposed to write for expats, I had no idea of the difficulties that foreigners go through on a daily basis," a Chinese colleague of mine recently confessed to me after I published an article about two startups that offered virtual personal assistants for expats in China.
The National Reform and Development Commission and the National Energy Administration announced on Tuesday the establishment of China's first electricity trading centers in Beijing and Guangzhou, Guangdong province, in a move to make power supply more efficient.
Thundercomm will have access to intellectual patents from US chip giant
The total number of Chinese homeport cruise ship travelers reached 2.22 million passenger trips in 2015, and China's cruise industry is set to grow faster in the next decade, a report said.
Global household giant Procter & Gamble Co has committed to investing and growing in China to become more high-end, officials said Monday, pushed by increased competition from local brands and premium products.
Last week in London, Wang Jianlin, billionaire chairman of Dalian Wanda Group Co, launched The Wanda Way, the English version of his book in Mandarin that has been already reprinted 15 times and sold 1 million copies.
A former leading financial specialist at the World Bank said China urgently needs to develop a national strategy on inclusive finance.
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