Sany helps out with major rescues overseas

Sany Heavy Industry Co Ltd said that its involvement in major disaster rescues - as well as boosting its efforts in localization - has been key to its successful and evolving overseas development.

Call is made for more activities in public welfare

Charity sector leaders called on international companies to be more involved in socially responsible activities, before expanding their presence in countries and regions related to the Belt and Road Initiative.

Chinese boost green credentials traveling abroad

Chinese people have an intense awareness of eco-friendly traveling and 83 percent of them consider themselves as sustainable travelers, a key industry survey found.

IN BRIEF (Page 18)

What's news

Bank renews reverse repos

US groups gear up to participate in B&R projects

The United States has formed a working group to ramp up the participation of US companies in Belt and Road Initiative projects, a top Trump administration official said at the two-day Belt and Road Forum for International Cooperation in Beijing which wrapped up on Monday.

No timetable set for Ant Financial listing

Ant Financial Services Group said on Tuesday it has no timetable for an initial public offering, amid speculation that the internet financial giant is stalling a planned flotation to improve its performance and regain market share.

Bosch sees mainland surge from new venture

The operations in China of a new joint venture - involving heat technology and hot water products - will help expand the market presence of Robert Bosch GMbH in the mainland, a senior executive of the German group said on Tuesday.

Chinese rivals eye bids for top UK bed retailer Dreams

China's biggest memory-foam manufacturer Mlily and rival mattress maker King Koil China are set to go head-to-head in the auction for one of the United Kingdom's biggest bed retailers, Dreams, with bids expected in the range of 400 million pounds ($517 million), according to media reports.

Yili eyes more moves into overseas market

China's biggest dairy producer, Inner Mongolia Yili Industrial Group Co Ltd, said it plans to further move into overseas markets in the next three to five years.

SAP to ride B&R to popularize new tech

German software company SAP SE will step up efforts to tap into opportunities brought by the Belt and Road Initiative, which it believes will motivate groups to adopt new technologies and business models.

Expert says it is possible to minimize financial risks related to Initiative

To control financial risks, Chinese companies need to make prudent investments on expansion into economies participating in the Belt and Road Initiative, said Justin Yifu Lin, former chief economist and senior vice-president of the World Bank.