Ford Motor Co is streamlining its sales units in China and hiring local executives as part of efforts to boost its lackluster performance in the world's largest car market.
Chinese automobile executives expect a major reshuffling of their industry in the next five years, and say strong joint efforts among rivals will be required to keep many car makers from being wiped out.
German automotive workers face the threat of massive dislocation over the next 12 years as the industry lurches through a transition to battery-powered cars, putting at risk thousands of jobs at manufacturers from Volkswagen AG to Daimler AG to Robert Bosch GmbH.
The coastal city of Yantai in East China's Shandong province is enhancing its cooperation with members of the Shanghai Cooperation Organization in line with the central government's policy of opening-up.
The marine industry is the jewel of the coastal city of Yantai, powering its entire economy, reporters from nearly 30 media outlets nationwide learned during a tour recently.
Qingdao in East China's Shandong province is drawing worldwide attention, thanks to its hosting of the summit of the world's most populous regional organization.
As a hub of the modern marine economy, Qingdao in East China's Shandong province has 18 research institutes and 34 high-level R&D platforms for marine sciences and technologies, and is home to nearly 33 percent of China's top professionals in the field, according to Zhang Jiangting, Party chief of Qingdao.
The coastal city of Qingdao in Shandong province is widely regarded as having one of the most beautiful natural bays in China, offering a vast range of activities for residents and visitors to enjoy.
Economic and trade cooperation with member countries of the Shanghai Cooperation Organization has become a major part of Qingdao's opening-up efforts.
The ongoing Shanghai Cooperation Organization Summit will serve as a great opportunity for Qingdao to show the progress and achievements the coastal city has made during 40 years of reform and opening-up, local officials said.
To invigorate the new round development in Jilin, entrepreneurs from more than 200 listed companies worldwide gathered in Changchun, capital of the province, to seek cooperation opportunities in economic development and investment at a business event held from May 24-25.
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