DJI, the world's largest commercial drone manufacturer by market share, has unveiled its portable handheld camera, the Osmo Pocket, in a bid to gain a bigger share of the professional photography and video sector, amid sluggish growth in China's consumer drone market.
State-owned auto groups in China used to sit back and collect the easy money from joint-venture brands, but as domestic demand for auto products diversified and their ambitions grew, international markets, internet-connected and new energy vehicles have become greener pastures.
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.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
