China's ongoing consumption upgrade has made it imperative for companies to improve the quality of their products and services, said participants at a recent global conference.
An ownership shake-up in Zhuhai, Guangdong province-based Chinese appliances giant Gree Electric Appliances Inc will not only boost its market competitiveness, but help it to effectively diversify operations in the future, an industry expert said on Tuesday.
Brand power of Chinese brands tripled to 15 percent in 2018 from 5 percent in 2017, an indication of the robustness and competitiveness of Chinese companies, according to a recent report.
After driving hydrogen fuel cell buses for months, driver Cai Lijun summarized some advantages of the new-energy vehicles operating in Zhangjiakou city, North China's Hebei province.
Real estate purchases, especially homes, by women professionals rose sharply in 2018 in the top tier cities of China and reshaped the sales strategies of some developers, a new industry report said.
City clusters, an important conduit for high-quality development, need more implementation, rather than master plans, said experts.
Inbound mergers and acquisitions in China could potentially reach $1.5 trillion over a 10-year period from 2020 to 2029, a recent report said.
Atlanta-based Delta Air Lines plans to launch the first nonstop service between Minneapolis and China in June 2020, a top company official said.
Beverages major Coca-Cola Co will launch more innovative, localized beverages, and further strengthen its digital connections with Chinese consumers, a top company official said.
Chinese commercial banks' latest fiscal results confirm the retail banking segment is receiving greater importance as it now contributes more to their annual income.
Chinese commercial banks are strengthening supply chain finance with the help of technology to solve difficulties at private enterprises, especially small and micro-sized businesses.
"This feels like a documentary unfolding before me," said Nantanittaya Sesaweech, a Thai tourist, as her guide talks about the history behind Wukang Mansion.
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