China will encourage crowd innovation, crowd funding, crowd outsourcing and other innovative forms to further support the "Made in China 2025" initiative, especially in its mature and fast-growing sectors, said the country's top official for industrial businesses.
Yangtze Optical Fibre and Cable Joint Stock Ltd, the largest supplier of optical preform and fiber in the world, has seen its production efficiency rise sharply thanks to its intelligent manufacturing program.
Defying sporadic withdrawals of foreign companies and a perceived economic slowdown, AstraZeneca is adopting a "lean in" strategy in China with more locally developed drugs and wider outreach, Pascal Soriot, CEO of the Anglo-Swedish pharmaceuticals giant, told China Daily.
China's first national oil and natural gas trading center is playing a major role in helping to accelerate reform of China's energy market and further promote a market-based pricing system for energy products, said a leading oil industry executive.
Both the Chinese mainland and the Hong Kong stock markets saw a rally on Monday after the China Securities Regulatory Commission (CSRC) confirmed that the Shenzhen-Hong Kong Stock Connect will be launched next Monday, but global market uncertainties still held down performance, according to experts.
A leading company with famous consumer brands, Shanghai Jahwa United Co Ltd said it had replaced its top leader for the second time in only three years.
CSC Financial Co, the Beijing-based brokerage and investment bank, and an existing shareholder are seeking as much as $1.06 billion in a Hong Kong initial public offering.
This year's G20 Leaders Summit in Hangzhou not only brought more fame to its host city but also set the spotlight on the more remote county of Qixian, located in central Shanxi province.
At a recent press conference, the National Development and Reform Commission, China's top economic planner, said this year's plan to cut 250 million metric tons of coal overcapacity might be finished ahead of time.
Guangdong Guangken Rubber Group Co expects to list its operation in Thailand on stock exchanges in Thailand and Hong Kong in two years after its acquisition of Thai Hua Rubbr Public Co, the world's third largest natural rubber group.
China is investing significantly to develop blockchain technology to reshape financial services. Digital currency and global payments may be the first applications.
Technological innovation is transforming the business models of commercial banks' corporate clients, thus driving changes in their demand for more flexible supply chain financial services, working capital financing, and consulting services relating to mergers and acquisitions, said The Boston Consulting Group in a latest report.
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