China National Pharmaceutical Group Corp, China's largest State-owned pharmaceutical group, also known as Sinopharm, plans to further increase the power of its board of directors as part of the company's mixed ownership reform process.
Chinese suppliers of components and parts to global tech majors such as Apple Inc are seeking to redefine their businesses in order to stay alive.
For the first time ever, annual growth in smartphone sales is estimated to be in a single digit - 7 percent on 1.5 billion units this year - down more than half from 14.4 percent last year. In 2010, the sales growth rate was a whopping 73 percent.
Apple Inc's expected September launch of its iPhone 7 series is still more than a month away, but the tech market is abuzz with talk of whether that would help bail out Apple's suppliers of parts and components.
Route sees 130m trips annually, was first to go into the black in three years
China encountered 65 trade-remedy investigations launched by 17 countries and regions in the first half of 2016, surging 66.67 percent on a year-on-year basis, the Ministry of Commerce said on Tuesday.
Italy's Alitalia relaunched its direct flights between Beijing and Rome on Tuesday, after a three-year absence, with the airline saying it was bullish on the potential for growth in air travel to China.
Nissan Motor Co's premium Infiniti brand, which lost its China head to a startup and saw deliveries slump in the country, will regain growth in the world's largest auto market in the second half of the year, said its top executive.
Chinese e-commerce conglomerate Alibaba Group Holding Ltd announced a plan on Tuesday to open its first local office in Australia later this year, the latest move in its globalization push to have more than half its revenues coming from countries outside China by 2036.
State-run phone carriers China Telecom Corp and Saudi Telecom Co have expressed interest in acquiring 4G mobile-phone licenses offered by the Egyptian government, an Egyptian communications ministry official said on Tuesday.
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