Honda Motor Co said on Tuesday it plans to set up a joint venture with Hitachi Automotive Systems Ltd to develop, produce and sell engines for electric vehicles.
Dongfeng Nissan's China-developed marque Venucia has evolved into an independent company, the first of its kind since the central government released a three-year guideline in 2009 to encourage joint ventures to develop their own brands.
A US e-commerce company is looking to tap into the demographic of fashionable young, tech-savvy women in China by selling them top brands through mobile messaging.
Home grown Chinese companies are set to outperform their multinational rivals in winning over the next generation of Chinese executives in the coming decade, according to a report from top management consulting firm Bain.
In terms of attracting the right talent, multinational companies no longer enjoy the advantage of being corporate giants while smaller domestic companies, especially the privately-owned ones, have shown more competitiveness, according to Wang Zhe, head of China recruitment business at the world's largest human resources company Adecco.
To choose between privately-owned companies and long-established multinational ones is not an easy task for most job seekers.
The construction of a cross-border rail bridge between China and Russia has moved a step closer to completion because the project's funding gap has been covered, government officials said on Monday.
China's first domestically produced large passenger aircraft - the C919 - is expected to make its maiden flight in the first half of this year, the People's Daily reported on Monday.
China will complete ownership reforms at more than 100 central government-run enterprises by the end of the year through introducing more private capital to State sectors, Economic Information Daily quoted the State-Owned Asset Supervision and Administration Commission as saying on Monday.
Toyota Motor Corp and Suzuki Motor Corp signed an agreement to start "concrete examination" of a business partnership, after beginning exploratory talks in October.
Mainland visitors to Hong Kong surged 6.6 percent during the Lunar New Year holiday, compared with the break the previous year, providing a welcome boost to the local tourism and retail industry after a two-year-long sluggish market.
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