Multinational firms hail China's global role

Top executives of multinational companies attending the Fortune Global Forum in Guangzhou are optimistic regarding China's rising role as a strong advocate for globalization and innovation in international trade.

Competition growing for internet giants

Founders of China's top two tech giants seem to agree to disagree with each other as Alibaba Group Holding Ltd and Tencent Holdings Ltd are getting increasingly overlapped in businesses, triggering more competition between the duo.

Financial market access set to be broadened further

China will step up efforts to broaden market access for foreign investors into its financial sector and to create a predictable and fair business environment for all market players, vice governor of the central bank said on Wednesday.

Nation keen to boost Canada ties

China is ready to work with Canada to further boost bilateral trade, two-way investment and cooperation regarding innovation capability, Vice-Premier Wang Yang told visiting Canadian Prime Minister Justin Trudeau on Wednesday.

What they say

GAC New Energy banking on unmanned driving

Unmanned will become a major industrial trend in the future thanks to the rapid development of internet technology, big data and artificial intelligence, according to an industry insider.

Global firms hike spending on R&D

As China shifts its focus to attract more foreign investment in high-end manufacturing, services and green industry to transform its economy, overseas companies are pouring in additional funds to develop research and service-based businesses in China to maintain robust growth.

Robust transport network shapes dreams

Equipped with an all-round transport network consisting of seaports, an airport, railways and highways, Guangzhou is developing into an international communications hub.

Private sector gaining ground

Private enterprises from China are gaining in stature and influence, both at home and abroad, and are increasingly becoming the drivers of the country's market-driven economic transformation.

Airbnb to double staff in China

Airbnb Inc, a US-based home-sharing service provider, has pledged to double its investment in China next year, while also doubling its size of local workforce in the country to expand its presence in more domestic cities.

Boom times arrive for city's headquarters economy

The corporate headquarters economy is booming in Guangzhou, according to the city's commission of commerce, with 287 of the Fortune Global 500 top companies this year hatching a record 921 projects in the city to expand their operations in China.

Remarkable hub extends its reach internationally

The historical commercial hub of Guangzhou is extending its global reach by building itself into an international innovation and technology center, and has made remarkable achievements, according to local officials.