Chinese shoppers have spent less on luxury goods in the United States this year because many stayed at home, according to analysts.
Though there are no one-size-fits-all solutions for enterprises to succeed in the marketplace, the challenges and successes involved in transformation and upgrading often offer valuable insights for companies, experts said during the 2018 China's Strategy in Business Competition forum in Shanghai on Wednesday.
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.
Beijing-based Ofo Inc, the cash-strapped bike-sharing platform, has come under fire for stalling on deposit refunds, making it even harder to pedal to a foreseeable future.
China has decided to curb the capacity of gasoline and diesel cars and raise the bar for electric vehicles, in a bid to build a more competitive automotive industry in the world's largest car market, according to the country's top economic planner.
Internet and innovative companies are recognized as key players in China's reform and opening-up, with the heads of tech giants and innovative private firms being praised as innovators and contributors to the country's 40-year economic rise.
Heze in Shandong province has become a topic of heated discussion after it decided to relax its home sales ban, becoming the first Chinese city to do so amid the nation's year-long policy to curb real estate speculation.
Rolling stock maker China Railroad Rolling Stock Corp achieved a major milestone in its global efforts after it handed over two locally produced railcars to Massachusetts Bay Transportation Authority (MBTA) officials in Boston on Tuesday.
Local governments are expected to accelerate bond issuance next year, to raise more funds for infrastructure construction projects and stabilize economic growth, according to analysts.
Huawei Technologies Co Ltd said on Tuesday it would spend $2 billion over the next five years on cybersecurity by recruiting more people and upgrading laboratories, as the Chinese technology major seeks to ease concerns about its telecom gear.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
