China's current emphasis on entrepreneurship, innovation, automation, technology upgrading, think tanks and foreign talent suggests the share of services in China's GDP will likely grow progressively in coming years.
Anhui Jianghuai Automobile Co, one of the few remaining major Chinese automakers without a foreign joint-venture partner, said it is in talks to cooperate with Volkswagen AG as it seeks to gain more advanced technology.
Patronage of Chinese consumers switches to South Korean and Japanese cosmetic brands from European and American labels
Despite economic slowdown and intense competition from Japanese and South Korean cosmetic and skincare brands, Chinese players are fighting back to regain consumers.
Liu Nan-led billion-dollar startup mia.com symbolizes new-found entrepreneurial spirit
Liu Xiaolu, 33 years old, the soft-spoken founder and chief executive of Neiwai, a lingerie maker in China, jokes the firm's products are meant for frigid women.
"There is no famous Xinjiang - it is a northwestern region of China, home to a number of ethnic groups - brand in the catering industry and few college graduates are willing to work in the service sector. We want to change that by leveraging what we learn at universities to help promote Xinjiang's spicy rice noodles and other delicious food. We are preparing for our second store in Taiwan now."
Entrepreneurship gets boost as traditional manufacturing base hones its digital edge
Brilliant young engineer Hu Tianlian once faced a dilemma. Hu was a lecturer at China's Southwest University of Science and Technology, where he also pursued the design of robots for remote operation in dangerous industrial environments. In 2012, he founded Fude Robot Co. But there wasn't enough time in the day for both pursuits.
This is a search unlike any other: It's going on in the darkness of outer space, and the hunters have no idea where their quarry is or when it will pop up.
There's Wukong, there's PandaX and there's Cdex, sounding like a happy band of characters from a science fiction version of The Three Musketeers.
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