BEIJING - China's LED industry will accelerate mergers and acquisitions in a plan seeking to foster world-class brands. In a development plan jointly released by 13 government agencies, China aims to achieve breakthroughs in key technologies in the LED industry to expand market value to 1 trillion yuan ($148.6 billion) by 2020.
Hema Xiansheng's fresh approach appears to be paying off in the cutthroat world of hybrid shopping.
JD Daojia is expanding its links with Walmart by adding another 50 stores to its delivery service.
China's manufacturing sector activity, measured by a major official index, weakened moderately in July, but economists said the trend of stable growth in the world's second-largest economy will remain.
First, it was The Cheesegrater; then, The Walkie-Talkie. Now, industry analysts are asking what will be next as Chinese commercial property investors snap up London landmarks. The Gherkin? The Shard?
Stanley Gibbons, the world's oldest stamp dealer, is in talks with Chinese investors about the potential sale of the British company, an official said on Monday.
The United States is expected to overtake the European Union as China's largest trade partner this year, a former vice-minister of commerce said.
International Finance Corp, the private sector financing arm of the World Bank Group, plans to increase its investment in China's agriculture, pollution control and urbanization projects over the next three years, according to one of its regional heads.
BEIJING - Doomsayers about China's economy have been wrong in the past, and they are wrong again today, said prominent US economist and author Stephen Roach - who added that the country reported first half GDP growth of 6.9, exceeding the 6.7 percent rise in 2016, as well as beating the consensus of forecasters.
"Alipay or WeChat Pay?" she asked as soon as he finished his lunch.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
