China, the world's largest gas importer, is set to double the import of liquefied natural gas equipment in the next five years, after shipments of the clean fuel doubled in the last two years on Beijing's concerted efforts to reduce carbon emissions, said a new industry report.
Deutsche Bank plans to capture more market share in China as the country continues to open its financial sector to foreign players, said Werner Steinmueller, the bank's Asia-Pacific CEO.
China Merchants Industry Holdings Co (CMI), the marine and offshore manufacturing arm of State-owned China Merchants Group, is expected to deliver 10 cruise ships for polar expeditions to Miami-based SunStone Ships Inc by 2027, company officials said on Wednesday.
Full Truck Alliance Group, China's biggest application for Uber and Didi-like truck services, is looking to break even this year by leveraging its financial services for truck drivers and integrating existing resources with the help of big data technologies.
Once viewed as the greener pasture for China's aspirational talents, the internet sector is fast losing its luster, with layoffs and cuts in benefits becoming commonplace.
US petrochemical giant Exxon-Mobil is looking to further expand its presence in the upstream sector in China after the Texas-headquartered company signed a framework agreement to participate in a liquefied natural gas receiving terminal.
WELLINGTON - China's peaceful development has become an anchor of stability and an engine of world growth, said a leading expert from New Zealand.
Guizhou province's largest phosphorus and chemicals manufacturer Wengfu (Group) Co Ltd has strengthened innovation to raise efficiency of processing phosphorus resources to reduce pollution and upgrade its product structures while expanding into overseas markets.
Hang Lung Properties Ltd received more than half of its rental revenue in the fiscal year 2018 from projects in the Chinese mainland, and the executive director of the Hong Kong-based developer expects the ratio to grow further along with its business expansion there.
BEIJING - Downward pressure on the Chinese economy has worried global investors, but national lawmakers and political advisers attending the ongoing annual "two sessions" are optimistic about the economic outlook.
Hainan province will stop selling fossil-fuel cars by 2030, making it the first province in China to set a date for elimination of gas guzzling, polluting vehicles.
Members of the 13th Chinese People's Political Consultative Conference (CPPCC) National Committee have mooted the idea of a social credit evaluation system for the entertainment sector, as China steps up efforts to bring order to an industry that was rocked by plagiarism, tax evasion and payments to create fake fan followings in 2018.
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