Financial IT service provider Kmerit (Suzhou) Information Science and Technology is targeting to go public on the science and technology innovation board, which is set to launch in the first half of next year, according to the company's founder.
Remote and mountainous areas like Tibet are no longer "forgotten corners" amid China's rapid technological development and economic growth, since digital tools, such as e-commerce, can narrow the gap created by geographical distances, experts said.
Cutting-edge technologies in smart home products are easing the safety concerns of parents of young children in China, industry experts said.
NEW YORK - The China-proposed Belt and Road Initiative is bringing the Asian country's infrastructure capital and knowhow to developing countries involved in its expansion, a renowned US scholar said.
With the slowdown in new initial public offerings in China in 2018, due to global trade tensions and stricter supervision, the number of companies waiting for IPO approval from the China Securities Regulatory Commission has contracted to a five-year low, according to an EY report released on Thursday.
Tough regulatory measures have led to a sharp property development decline in Hainan province, as total investment in the first three quarters of the year dropped by 10 percent year-on-year, according to figures from the Hainan Provincial Bureau of Statistics.
Editor's Note: The central authorities emphasized in recent months that the country will continue to actively support the growth of the private economy, open wider to foreign investment, safeguard the legitimate interests of foreign businesses and step up efforts to develop artificial intelligence technology. China Daily interviewed scholars and business executives for their opinions on these aspects.
Sun Mingxu, founder of BetR Medical Technology Co Ltd, based at the University of Salford, UK:
Chinese banks should shift their focus from expansion to providing real economic value so they can seek higher quality growth, said experts from global market consultancy McKinsey and Co in a banking industry report.
China should improve the top-level design of a brand-building mechanism to promote and strengthen internationally influential domestic brands and intellectual property rights, said political advisors, government officials and media professionals at the 2018 China Brand Forum on Wednesday.
In the coming five years, China will contribute an estimated $37 billion to the global prescription market and 13 percent of the sector's growth, amid growing investment interest among foreign pharmaceutical companies, according to a recent report.
Silk Road Maritime, a new logistics facilitation platform launched this week, is promising to add tremendous value to shipping operations in the eastern region by optimizing routes currently in use, industry insiders said.
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