A major Chinese bearing company is upgrading its business to cope with increased demand in a crucial sector for precision parts here.
Zhejiang Meili High Technology Co Ltd plans to increase its research and development budget as it bids to become a global power.
Being bogged down in government red tape is something business people have come to expect as part of their daily lives if they are in big cities.
Liu Yue'e manages her social security payments by swiping her smartphone and using facial recognition technology.
Businesses in Zhejiang are capitalizing on the province's "At Most One Visit" reform opportunities, which have streamlined investment, settlement and development.
Shares of China Vanke Co Ltd, China's largest property developer, surged on Monday when share trading resumed after a high-profile battle for control of the company approached its end.
BEIJING - China is highly unlikely to see a mid-year liquidity crisis this year and there will be no repeat of the "unusual market fluctuations" seen in June 2013, a central bank-affiliated newspaper said during the weekend.
SHANGHAI - China stocks fell on Monday as tech plays succumbed to a sell-off in the US and other Asian markets, and as investors worried that tighter credit would drag on corporate profitability and economic growth in coming months.
When it comes to robots, Chaoyue is attractive. So attractive, in fact, she invited Donald Trump and Jack Ma to join her.
NEW YORK - The US government should open its door wider to Chinese investments and Chinese companies have to further their understanding of US law and regulatory compliance as foreign direct investment between the world's top two economies has been on a rapid rise, experts said.
Zhou Chengle, 62, relaxes outside his whitewashed three-story home in Jinhua, East China's Zhejiang province, and watches the local children paddling in the shallows of a sun-drenched Cuihu Lake.
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Raymond Zhou
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Chen Weihua
