China's high-tech industry saw growing capital inflows in the first four months of 2018, with a significant increase of foreign direct investment in the country's medical equipment manufacturing sector in particular.
Foreign direct investment into central and western China registered double-digit growth in the first four months of this year, as local authorities build a transparent and equal business environment for global companies to further tap into markets with vast potential.
Low-end, labor-intensive and environmentally unfriendly foreign direct investment will no longer dominate China's investment landscape, as its primary engine of economic growth has shifted from exports and investment to consumption and innovation, business leaders said.
Experts are advising caution when investing in newly listed unicorn companies - startups with $1 billion valuation - as some have seen their market capitalization shrink dramatically following their hyped IPOs.
BEIJING - Affiliates of Baidu Inc, Alibaba Group Holding Ltd and Tencent Holdings Ltd, known collectively as BAT, are becoming strategic investors in Foxconn Industrial Internet Co Ltd.
Chinese coworking startup Kr Space announced it will open 12 new centers that will cover a total area of 100,000 square meters in Beijing and Shanghai within the next 100 days, taking advantage of the opportunities arising from the burgeoning industry.
BEIJING - As China's manufacturing sector increases the scope and pace of its opening-up, domestic industries are expected to upgrade themselves while foreign companies, too, eye many benefits, industry experts said.
The Chinese real estate industry will continue to see heightened consolidation till 2020, industry insiders said.
Chinese consumers have taken a fancy to novel dairy products such as creamy, sweet, flavored yogurt and yogurt-based drinks.
BEIJING - China has taken solid steps in lowering import tariffs, sending out a strong signal it will keep its promise of further opening-up.
The stock-market regulator's approval rate for initial public offering or IPO applications plunged in the January-May period as quality-oriented tighter regulations took effect, experts said.
Staff at some securities brokerages in China appear to be in for hard times as their employers are said to have cut salaries as well as human resources, after the business related to initial public offerings or IPOs began to shrink, industry sources said.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
