Japanese convenience store giant Lawson is acquiring nearly 100 branches of Chinese convenience store chain OurHours in East China and the southwestern city of Chongqing, taking its total store count in the country to 2,100, a top company official said on Tuesday.
Mergers and acquisitions will provide the impetus for sustainable transformation and upgrade of the iron and steel industry and leverage on gains from the overcapacity reduction campaigns in the sector that are coming to an end, industry experts said.
Artificial intelligence adoption by Chinese businesses has outpaced the global average thanks to increased spending on research and development and industry growth, said a PwC report.
Emerging technologies are paving the way for a more sustainable chemical production industry in Linzi district in Zibo, Shandong province, alongside other changes to make the district's heavy industries more environmentally friendly.
US-based consumer robot maker iRobot is planning to expand its research and development center in Guangzhou to tap opportunities arising from the recently unveiled Guangdong-Hong Kong-Macao Greater Bay Area plan, according to a top company official.
Chu Shijian, China's "tobacco king" and the founder of Chu Orange, passed away at the age of 91 on Tuesday, but Chu's perseverance and endurance through difficult times still impressed people the most.
BARCELONA - From automated cars to remote surgeries, futuristic scenarios have been pictured in the just-ended 2019 Mobile World Congress (MWC) where 5G technology is in the spotlight.
Salary increases are expected to moderate this year in China, with professionals from industries associated with industrial upgrade and transformation being the sole exception to the rule, a new survey said.
SEOUL - South Korea's exports fell for three straight months through February, posting a double-digit decline last month on weak demand for locally made semiconductors, a recent government report showed.
Bullish days seem to be round the corner in the mainland stock markets after a key market gauge crossed the 3000 mark on Monday, reaffirming the strong investment appetite.
Samsung Electronics Co Ltd is planning to introduce the internet of things and artificial intelligence technologies, as well as fifth-generation wireless communication equipment, to China as the South Korean technology giant aspires to reclaim lost sales in the world's largest smartphone market in face of mounting competition from local rivals.
In mid-December, Yoho!, China's largest streetwear fashion group, launched UFO, a sneakers resale channel, on its e-commerce platform with all guns blazing, notching up over 1 million yuan ($145,574) in sales revenue on the very first day.
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