China's economy will grow at 6.7 percent this year, but will edge down to 6.4 percent and 6.1 percent in 2017 and 2018 respectively, the Paris-based Organization for Economic Co-operation and Development (OECD) said on Monday in its latest Economic Outlook, which is published twice each year.
China Railway Rolling Stock Corp, the country's largest railway vehicle and equipment manufacturer, is in takeover talks with Czech Republic's Skoda Transportation AS, a move to further increase its market share in Europe's railway markets.
US consumers spent a record $3.3 billion online on Black Friday, scooping up everything from Lego sets to Apple iPads, according to Adobe Systems Inc.
Baidu Map, a desktop and mobile map service provided by China's online search giant Baidu Inc, is set to become a world mapping service provider covering more than 150 countries and regions.
Editor's Note: Three years ago, President Xi Jinping launched the Belt and Road Initiative, to link vast transcontinental swathes with a common economic thread. The initiative brought unprecedented opportunities to companies to expand their business and access new markets. China Daily presents a series of interviews with top executives of foreign companies, looking at the impact of the initiative on their operations as well as markets. Eric Rondolat, chief executive officer of Philips Lighting, discusses his intention to build research and development centers, manufacturing facilities and high-tech products in China to develop markets along the Belt and Road Initiative.
Alipay, one of China's most widely used digital wallets, is testing a new social networking feature in its latest attempt to take on WeChat, the country's leading messaging app.
Security officer AnBot, on patrol at the Shenzhen Bao'an International Airport, stands out from other security officers at the scene.
"Your Royal Highness, my name is Run. I have a gift for you, please push the 'open' button to receive your present." That's the human-like voice of a robot... waist-high, cylindrical, mobile, wearing a bow tie and gentlemanly... instructing Prince Andrew, the Duke of York, on his recent visit to China.
Amazon.com Inc is preparing to take its video streaming service worldwide in a challenge to Netflix Inc, the world's largest paid online TV network.
Back in 2008, 'Three Gorges' had already become the world's biggest hydroelectric dam.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
