Huawei Technologies Co Ltd, China's largest telecoms equipment maker, plans to unveil its first batch of 5G-ready products next year, as it strives to gain an edge in the race toward the next-generation mobile communication technology, local media reported.
The fast expansion of Chinese companies in the United Kingdom is creating local jobs at a time when Brexit uncertainties have caused unemployment fears.
Taiwan-funded companies that have invested in Guangdong province's city of Dongguan, a major manufacturing center in the Pearl River Delta, have maintained sustainable business growth there and many of them have been introducing smart solutions to cope with rising production costs, according to leading businessmen.
Chinese mainland clean-power producer GCL New Energy Holdings Ltd, a subsidiary of Golden Concord Holdings Limited (GCL), is looking to boost its overseas sales revenue to 30 percent of the total by 2020 through increasing solar energy project exports, its company executive said.
Great Resources Co Ltd, a biomass heating provider, expects to achieve 50 percentsales growth this year, and plans to set up a research center on the possible uses of straw, the company chairman said.
State-owned Sinopec Group's interest in geothermal energy has grown as it seeks to diversify beyond oil and gas production.
Chinese turbine manufacturer Dongfang Electric Wind Power Co Ltd has said it aims to speed up exports.
Editor's Note: China aims to increase the share of non-fossil fuel in its overall energy to more than 15 percent by 2020 and to 20 percent by 2030, according to the 13th Five-Year Plan (2016-20) for Renewable Energy released by the National Energy Administration in January. Renewable energy companies are key to meeting the targets. To find out whether or not they are on the right course, China Daily interviewed top officials of several companies engaged in solar power, geothermal, wind power and biomass. What we get to see are their ambitious development and overseas expansion plans against the backdrop of China's commitment to saving natural resources and cutting greenhouse gas emissions.
China will give the green light soon to a Chinese consortium's acquisition of an LED lighting unit of Osram Licht AG, after the German company gained approval from the anti-monopoly authorities in all other related countries, experts said on Monday.
Great Wall Motor Co Ltd, one of the major sport utility vehicle manufacturers in China, plans to launch its first high-end SUV brand in May, aiming to further expand its market share.
Alibaba Cloud (AliCloud), the cloud-computing arm of Alibaba Group Holding Ltd, said on Monday it would double the capacity of its data center in Hong Kong, as it upped the ante with rivals Amazon.com Inc and Microsoft Corp in the fast-growing cloud-computing market.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
