Blockchain, an emerging computer technology, is forecast to be widely applied in the real economy in the next three years, playing a crucial role in China's digital community, according to a recent report.
CHANGCHUN - Xia Xicheng has plowed a lot of money into his museum, but to him, the treasures it now holds are priceless.
Foreign carmakers are cutting the prices of imported models sold in China, in the wake of the government's announcement Tuesday that the automobile import tariff would be slashed to 15 percent from 25 percent starting from July 1.
Bosch Gmbh, the global automotive technology and services supplier, opened a new plant on Wednesday under its Car Multimedia division in Anhui province, with a total investment exceeding 275 million yuan ($43 million).
China released a draft regulation last week to solicit opinions on monitoring electric car batteries throughout their lifetime, with compulsory registration and reuse, to aid the segment's development and ease consumer concerns.
A total of 1,882 electric cars were removed from the country's purchase tax exemption list, in an action that experts believe is the first in China's attempt to remove zombie companies from the sector and improve the investment environment.
Consumers may do as much as regulators to propel the car sector into the electricity-powered age foreseen by Tesla Inc, according to the European Union's industrial-policy chief.
Germany needs to strengthen cooperation with China and increase its understanding of the country, as the German government has realized that China has growing importance and international influence, its officials said in Berlin earlier this month.
The German city of Trier, birthplace of Karl Marx, is also famous for its renowned wine production in Germany, which the philosopher once used as an example to explain concepts of "labor value" and "composition of capital".
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Raymond Zhou
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Chen Weihua
