Russia is expected to be a popular destination for Chinese tourists this summer. Sporting action, cool weather and its visa-free policy during the World Cup will help the country boost tourism.
Dutch life and materials sciences company Koninklijke DSM NV, known as Royal DSM, is committed to better serving China's rapidly changing market by localizing its research and development, according to its China president.
ISACA, formerly the Information Systems Audit and Control Association, said it sees great strategic importance in China, especially its cybersecurity sector, and has increased its investment in the country by establishing a Beijing office to support the nation's digital transformation and business technology workforce.
French spirits maker Pernod Ricard SA - the owner of Martell cognac, Chivas Regal whisky and Absolut vodka - is banking on China's growing middle-income earners and the younger generation to double the size of the market for international spirits in the country by 2025.
Thanks to a recent $500 million B round of fundraising, automobile startup Byton will accelerate its production, and research and development of China's first vehicle to feature an all-screen dashboard.
BEIJING - The rapid development of China's logistics industry has made daily delivery services quicker and cheaper, and now the world's largest delivery service market is looking to make logistics greener by reducing plastic pollution.
China's further opening-up of its financial sector is viewed positively but there are also some reservations as to how quickly foreign institutions will be able to penetrate the market, said PwC's global banking & capital markets sector leader.
Young Chinese parents are showing a growing interest in going on trips with their children, creating immense potential for customized travel products and services, an industry report indicated.
Prices of high-end properties in Beijing will see a steady rise in the second half of this year due to a supply crunch, industry insiders said.
The University of Bristol is looking for Chinese partners to set up joint programs for the fifth-generation of wireless network technology as China is on course to be at the forefront in the 5G race globally.
DCP Capital, a private equity firm with investment focus on China, will exploit opportunities arising from the ongoing consumption upgrade as that fits in with the firm's long-term outlook and value-based investment orientation, according to the company's top management.
The quasi-easing of China's monetary policy on June 1 has not encouraged investors to raise their holdings of stocks of commercial banks, market sources said.
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Raymond Zhou
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