In terms of reputation and popularity, Chinese brands are rapidly catching up with their foreign counterparts in China on the back of ever-improving designs, trusted labels, and wallet-friendly prices, market insiders said.
MANGOCHI, Malawi - One thing that first catches people's attention at Maximas Chimimba's thatched house on the shores of Lake Malawi is a satellite dish on the rooftop.
China's surging number of Belt and Road Initiative projects in overseas markets have spurred big demand for multi-disciplinary specialists, experts said.
If there is one animal that best captures the cultural differences between China and the West, it is the bat. The winged, mouse-like, nocturnal animal was portrayed as a spy in an English textbook story I read in middle school. But then, 20 years on, as I, an English language student, rediscovered the beauty and nuances of my own cultural heritage, I realized that bat was worshipped by my ancestors.
The nation will grant temporary 5G licenses this year to promote the application and construction of fifth-generation mobile communication technology, the Ministry of Industry and Information Technology, the nation's top industry regulator, said on Thursday.
China is "very active and serious" about further opening up its financial sector, and this will bring huge business opportunities to foreign banks in the country, said Pei Yigen, executive vice-president of Citibank (China) Co Ltd.
China is stepping up construction in the nuclear sector with all the main equipment being installed at the world's first demonstration nuclear power project using Hualong One technology in Fujian province, a domestically developed third-generation reactor design.
The China-UAE Industrial Park in the United Arab Emirates, the first capacity cooperation park involved in the Belt and Road Initiative, will complete construction of its main building in June, and it has attracted the investment of nearly 20 Chinese enterprises.
Chinese smartphone vendor Xiaomi Corp said on Thursday that it is aiming to be the No 1 or 2 player of its kind in Europe, as it strives to expand its presence in overseas markets amid mounting competition with rivals such as Huawei Technologies Co Ltd.
About 24 billion yuan ($3.5 billion) worth of Hong Kong goods imported through Shenzhen Customs have been exempted from tariffs since the implementation of the Closer Economic Partnership Arrangement in 2004, saving 2.56 billion yuan in tariffs for businesses, the customs said on Tuesday.
Retail sales of passenger cars in China fell 5.8 percent in 2018 to 22.35 million, the first annual fall since 1990, but there is much room for further growth in the long term, the China Passenger Car Association said on Wednesday.
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