Collaborative robot sales are set to see a massive jump in China as more industrial manufacturers deploy them to assist their human work force, a new industry report said.
Bell Helicopter Textron Inc, a Texas-based helicopter manufacturer, signed a new sales agreement with Reignwood International Investment Group Co Ltd in Beijing on Wednesday, as US President Donald Trump started his state visit to China.
China will take on a more assertive role and strive to push forward the Paris Agreement to combat global warming at the ongoing climate talks in Bonn, Germany, according to delegates from the country.
Hilton Worldwide Holdings Inc aims to have 1,000 hotels in China by 2025, driven mostly by expansions in its mid-market brands including Hampton by Hilton and Hilton Garden Inn.
Telecommunications gear makers are ramping up their efforts to garner overseas business around the planned fifth-generation network, as part of the country's broader push to gain the lead in the race for the next generation of mobile communication technologies.
Chipmaker Broadcom Ltd's $105 billion proposal to buy its United States rival Qualcomm Inc is likely to face intense regulatory scrutiny in China, given the deal's huge size and potential impact on Qualcomm's joint ventures in the country, analysts said on Tuesday.
Technologies such as artificial intelligence, big data and augmented reality are integral for forecasting consumer demand, as sales for the upcoming Singles Day are expected to reach new heights.
The new free port within the China (Shanghai) Pilot Free Trade Zone in Shanghai will focus on the development of offshore trade and finance, industry insiders said, adding that the plans are now gathering speed.
Tax incentives will be expanded in China to reduce costs for agriculture-related and small-scale businesses, encouraging bank lending to support real economy development, according to a joint announcement on Monday by the Ministry of Finance and the State Administration of Taxation.
China's economic growth will reach 6.8 percent year-on-year in 2017, thanks to the strong economic momentum witnessed in the first six months of the year, rebound in exports and a favorable external environment, a new report said.
Logitech International SA, the Switzerland-based hardware accessories maker, is expanding its presence in the rapidly growing gaming sector and expects China to become its largest regional market in the next three to five years, a top company executive said.
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Raymond Zhou
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Chen Weihua
