Chinese telecommunications giant Huawei Technologies Co Ltd has called for a greater focus on low-end smartphones, marking the latest move to better tap into the global market.
Rapid development in new modes of foreign trade will help upgrade traditional manufacturing and boost reform and innovation efforts in the traditional trade sector in the Pearl River Delta region, according to industrial insiders.
China is gearing up to become a force in the global aviation market with its own large passenger aircraft.
The ARJ21, China's first homemade regional jetliner, has been in commercial use for more than two years now, and has netted 433 orders from 20 customers.
More Chinese companies are expected to sell bonds in overseas markets this year, continuing the trend in 2017 as they seek to take advantage of lower financing costs in offshore markets and a stronger domestic currency, analysts said.
Chinese ratings agencies expanded their global influence amid a booming dollar bond market in 2017.
China will take more concrete steps to further its supply-side structural reform and push for high-quality development in 2018, focusing on cutting overcapacity and fostering new growth drivers in the real economy, said officials and analysts.
The second line of the China-Russia oil pipeline began commercial operation on Monday, another step in diversifying China's energy supply and ensuring its energy security, according to China National Petroleum Corp, the country's biggest oil producer.
Balanced supplies and improving demand from top consumers will push up global oil prices this year amid lingering uncertainties, experts said.
Combined profits of Chinese smartphone brands crossed $1.5 billion for the first time in a single quarter as they ratcheted up resources to make inroads into the premium segments, a new report said.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
