US electric carmaker Tesla Inc has registered a wholly owned subsidiary in Shanghai, marking another step toward setting up its first ever overseas carmaking plant in China.
The reported $2 billion fundraising by JD Finance, the financial arm of China's second-largest e-commerce player JD, could pave the way for the subsidiary's eventual listing, according to experts.
German retail giant Metro Group launched three flagship brands on Tuesday, announcing that the development of its own brands has been included in the group's strategic plan in China.
China's growing appetite for liquified natural gas, or LNG, is set to change the market pattern as the country's energy majors rush to meet the demand.
China has been expanding its underground gas storage facilities in an attempt to shift away from coal and oil, and to avoid a repeat of the gas shortage during cold snaps last winter.
The rapidly growing thirst for natural gas in China is set to transform the industry over the next few years, impacting global fundamentals and prices, China's domestic gas sector and international liquified natural gas supply agreements, analysts said.
Royal Philips NV is scaling up its adoption of artificial intelligence in a variety of medical offerings as the Dutch firm hones its focus on the healthcare sector.
Canada's western province of Alberta is looking to attract a record number of Chinese travelers in 2018, as the Canada-China Year of Tourism generates fresh opportunities for enhanced cooperation between the two countries, said a Canadian official.
With increasing overseas brand penetration and an ongoing online shopping boom, cross-border e-commerce has surged over the past few years and is assuming an increasing role in China's total import and export market.
Foxconn Industrial Internet Co Ltd, a subsidiary of Foxconn Technology Group, filed an application on Monday to list on the Shanghai Stock Exchange to raise capital to build an industrial internet platform, and to upgrade its intelligent manufacturing and 5G solutions.
High-tech is driving new growth for the traditional Chinese culture industry as it strives to transform amid an upgrade in consumer demand.
Luckin Coffee's rapid expansion in China - opening 525 coffee chain stores in four months - has wooed more than 1.3 million customers and created an internet frenzy by challenging coffee giant Starbucks.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
