China's entertainment and media industry will grow at a compound annual growth rate of 8.3 percent in the next five years prompted by the rise in internet video, internet ads, music, cinema, and video games, said an industry report.
Bruce Cleaver knows that diamonds are forever after running De Beers for a year.
NEW YORK - Macy's Inc Chief Executive Officer Jeff Gennette is optimistic about the future of the largest department-store chain, even if it doesn't look much like the store R.H. Macy imagined.
China Railway Rolling Stock Corp, the country's railway vehicle manufacturer, plans to establish 11 regional branches throughout the world by 2020 and further target key markets including Europe, North America, Russia and Central Asian countries, said a top executive.
China unveiled two national standards on Wednesday, to guide enterprises to efficiently leverage information technology in industries, as the country steps up efforts to boost the competence of its sprawling manufacturing sector.
China is ramping up its efforts to develop artificial intelligence in manufacturing to boost its productivity as well as create new momentum in the future market, an official at the Ministry of Industry and Information Technology said.
Beijing's efforts to guide a stronger yuan have helped boost the currency, but only increased economic growth driven by sustained efforts to press ahead with reforms will be able to sustain this trend, according to analysts.
Chinese internet portal Tencent has entered the top 10 ranking of the world's 100 most valuable brands, according to an annual rich list.
It's not just that house in a leafy US subdivision that interests Chinese investors - they may also be intrigued by a storefront in a shopping center, according to new report.
Chinese telecom companies are accelerating their research and development of 5G, as they scramble to establish a beachhead in the next-generation mobile communication technology.
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Raymond Zhou
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Chen Weihua
