China is pressing ahead with a pivotal project to test an 11,000-meter deep-sea manned submersible in four years, as it aims to set up a deep-water laboratory to conduct further marine scientific research, said a scientist in charge of the program.
Qingdao Doublestar Group, one of the oldest rubber companies and a leading tire manufacturer in China, may acquire a 42.01 percent stake in South Korean tiremaker Kumho Tire Co Inc, according to a Doublestar statement on Monday.
A leading petrochemical industry executive has called for the tightening of large scale refinery project approvals in China - in addition to a slowdown in the issuing of fuel-oil import licenses to private companies - in an attempt to alleviate the country's refining overcapacity.
Believe it or not, nearly 31 percent of business owners in China are women, which gives the country eighth rank globally, according to the inaugural Mastercard Index of Women Entrepreneurs.
Women now hold almost a third of management roles in companies in Asia, with China particularly standing out due to its booming economic development, according to a recent report by specialist recruitment group Hays.
It was another busy day for Zhang Haihan, the founder of Shenyang Lama (Hot Mom) Net that provides psychological guidance, fitness services and parent-child activities for new mothers who need help. By the end of last year, she and her team gave support to more than 50,000 families and their revenue reached 150,000 yuan ($21,698.25).
The auto industry has for long pondered research into gender-based cognitive capacities, which suggested that women may be lagging behind men in visuospatial processing, and hence potentially more prone to mishaps while driving.
Alibaba Group Holding Ltd said on Monday it is setting up a dedicated research task force to spearhead innovative and potentially revolutionary new paths to growth, with the goal of transforming the e-commerce trading platform into a well-rounded and technology-driven powerhouse.
Boeing Co will start building a B737 and B737 MAX completion and delivery center in Zhoushan, Zhejiang province, by the end of March, and is scheduled deliver the first aircraft in 2018.
FC Barcelona, arguably the world's foremost soccer club, is set to invest up to "tens of millions of dollars" into a soccer training and experience center on the island province of Hainan, making it the first ever foreign club to have a major direct investment in the China's booming soccer market.
Ford Motor Co will begin producing its upscale Lincoln brand in China by late 2019 after sales almost tripled last year, joining the ranks of automakers localizing production to avoid import taxes in the world's largest auto market.
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Raymond Zhou
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