China's multi-billion dollar 5G market is shifting from a trio-game into a four-player battleground, after the Ministry of Industry and Information Technology allowed China Broadcasting Network Ltd to engage in the construction of a network for the fifth-generation mobile communication technology.
The duty-free policy in China's southernmost province of Hainan will be further eased from December, to boost tourism and domestic consumption as the island targets to be a free-trade port.
Bank of China Ltd forecast that gross domestic product in China will grow by 6.5 percent in 2019, 0.1 percentage point lower than the estimated full-year GDP growth this year.
Xuzhou Construction Machinery Group is aiming to raise its global ranking in the construction machinery manufacturing sector from the current sixth to fifth in 2020, and become one of top three by 2025, said its chairman.
Machinery giant Caterpillar Inc has been striving to better satisfy customer needs in China by launching a smart watch along with a dozen new excavators, executives said.
SHENYANG - Economic growth has improved in China's northeastern provinces during the past few months and helped dispel doubts about their outlook for the future.
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.
Once a cashier at a fuel station, the 22-year-old Pan Yaru has recently been learning some new skills.
Shell V-Power - global energy giant Royal Dutch Shell Plc's advanced fuel that cleans an automobile's engine of carbon deposits as it is used - was sold for the first time in 1998 and now has strong market in more than 70 countries and regions.
China will impose tighter regulations on financial institutions identified as systemically important, requiring higher standards on supplementary capital and the leverage level, the central bank announced on Tuesday.
The nation's plan to cultivate around 600 small, highly specialized world-market leaders in three years will help it make breakthroughs in core industrial components, experts said on Tuesday.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
