China will continue to promote a predictable and improved environment for companies eyeing overseas expansion, and assist them in risk prevention, the Ministry of Commerce said on Tuesday.
The China Council for the Promotion of International Trade, the country's foreign trade and investment promotion agency, will work with related government bodies to build a new regulatory mechanism with credit as the core this year to ensure the interests and legitimate rights of domestic companies in overseas markets, said senior officials.
By the end of 2018, China's installed capacity for renewable energy reached 728,000 megawatts, up 12 percent on a year-on-year basis.
China Shipbuilding Industry Corp, or CSIC, the primary contractor for China's naval force, has completed the basic design and related research for a dual-fuel container ship that can carry 20,000 twenty-foot-equivalent-unit containers, said its top executive on Monday.
Chinese steelmaker HBIS Group agreed to buy 70 percent of Indian conglomerate Tata Steel's projects in Southeast Asian countries on Monday, which is considered a "smart move" to invest in this regional market by experts.
The Ministry of Industry and Information Technology said in a latest guideline that low-end lithium-ion batteries will be strictly controlled in China, and it clearly requires companies to focus on quality rather than quantity when producing such batteries.
The central government will take more steps to improve data quality and speed up the legislation process as part of its efforts to create a nationwide social credit system, officials said.
Chili chocolate bars, rose blossom flavor mouthwash, and red and yellow luxury car models - global labels are busy rolling out China-tailored lineups online to win over the country's thriving yet ever-changing consumer market.
Local brands are leading the growth of China's fast-moving consumer goods sector, as their higher penetration and stronger volume growth rates outperform international players' average, a recent report found.
The consumption power of more than 1 million foreigners working or studying in China is disproportionately bigger than their tiny share (0.07 percent) of the total population - and whizzes of the country's homegrown tech ecosystem are sitting up and taking notice, as the economy transitions from export and investment-led growth to a consumption-driven model.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
