The first DACHINA Dialogue was held by DACHINA Interchange Management GmbH, Brand Academy-Hochschule for Design and Communication and China Central Television on Wednesday in Hamburg, Germany, attracting guests such as Shi Mingde, China's ambassador to Germany, and Carsten Brosda, head of the Hamburg authority for culture and media and global brands including GANI, Alibaba, Volkswagen and Molyneux Mont Blanc.
Special funds to promote mergers and acquisitions within the steel industry are being considered by Chinese policymakers to enhance the overall competitiveness of the sector, according to a report in Economic Information Daily.
Private entrepreneurs in China should step up cooperation efforts with their African counterparts to be an active part of the global value chain so as to generate long-term win-win sustainable development, said a top official.
Editor's Note: This year marks the 40th anniversary of China's reform and opening-up. China Daily interviewed top executives of well-known multinational companies for their views on the country's socioeconomic development.
Three US law firms - Rosen Law Firm, Schall Law Firm and Pomerantz LLP - announced on their official websites on Wednesday they are investigating whether Chinese e-commerce giant JD made false or misleading statements on the case of its founder and chairman Liu Qiangdong or failed to disclose information pertinent to investors.
Growth in China's general economic activities, measured by a private purchasing managers' index, slowed in August, signaling the world's second-largest economy may face stronger headwinds.
Japan's Suzuki Motor Corp has decided to pull out of China after the carmaker known for its minicars failed to offer larger models that consumers favor in the world's largest vehicle market.
Teaming up with multinational companies in engineering procurement construction (EPC) projects under the Belt and Road Initiative will help Chinese enterprises gain greater understanding and recognition in local markets, said an industry insider.
Shu Yinbiao, chairman of the State Grid, China's main power supplier, said the company would strengthen grid construction including power transmission and transformation engineering construction, as well as urban power grid construction and renovation projects in Africa.
Chinese policymakers and companies should make concerted efforts to foster inclusive, sustainable industrial development, experts said on Wednesday.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
