Honor, a smartphone brand of Chinese tech giant Huawei Technologies Co Ltd, aims to become one of the world's top five smartphone brands in three years, after it gained wide popularity among young Chinese consumers.
Chinese search giant Baidu Inc on Thursday announced a strategic partnership with Huawei Technologies Co Ltd, the world's third-largest smartphone maker, aiming to bring digital customer experience to the next level with artificial intelligence innovation.
Chinese companies' buying spree in the logistics industry, bolstered by the Belt and Road Initiative, is gathering pace, with both the number of deals and the value of those deals hitting a new record.
The government is likely to stay on course for a neutral monetary policy in 2018 and will not become more stringent than this year in order to stem a slide in economic growth, according to researchers of a leading think tank advising the government.
China's major industrial firms saw strong profit growth and a decreasing debt ratio in 2017, amid an improving economy, deepening reform, and the government's ongoing deleveraging efforts.
Maintaining the sustainable development of the financial and real estate sectors and avoiding unexpected risks will be China's economic policy priorities next year, with these measures seen as key to safeguarding overall economic stability.
A natural gas hydrate national laboratory under China National Offshore Oil Corporation has been approved by the Ministry of Science and Technology, as China gains an edge for combustible ice commercial production after sustained trials.
Competition in China's booming mobile payment market is set to intensify, after Didi Chuxing, the country's largest ride-hailing company, acquired a much-coveted license to enter the internet finance sector.
Tianjin-based Chinese electronic vehicle company Iconiq Motors has completed a new round of financing totaling 1.2 billion yuan ($182.5 million) from institutions headed by GSR Capital, paving the way to fulfill the company's ambition to develop high-end electric vehicles and start mass production in 2019.
Business is booming in the aircraft maintenance sector as China's civil aviation industry cruises into clear blue skies.
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