A typical photo of a successful Chinese businessmen in the 1980s often featured a brick-sized prototype mobile phone. Such phones were too big to conceal in the palm of one's hand and could do nothing except make and receive calls. But it highlights that when mobile communication services were first brought to China, they were positioned as a luxury service.
Alibaba Group Holding Ltd has announced a plan to build a logistics hub in Belgium, as part of wider plans to facilitate trade and connectivity.
China CITIC Bank Corp, a national joint-stock commercial lender headquartered in Beijing, has been providing strong support to private manufacturing companies in Jiangsu province, as they look to become more sustainable and upgraded.
Envision Energy (Jiangsu) Co, a private wind power generation equipment manufacturer and distributor, is ramping up efforts to bring green energy projects to China's inland cities and to offer digitalized solutions to wind farm operations, with the support of China CITIC Bank Corp.
China CITIC Bank Corp is revising its policies to encourage client managers to offer loans to small businesses, by removing their concerns for being held responsible for default on loans, as long as they perform due diligence according to the rules of the bank.
Chinese leading education company TAL Education Group announced on Tuesday it has acquired a 100 percent stake in Israeli company CodeMonkey for an undisclosed amount, marking an important step forward for its globalization efforts.
China's largest travel agency Ctrip has launched a train ticketing app in the United Kingdom called Train-Pal, which promises savings to commuters in Britain through a "split ticketing" smart tool and no booking fee.
Royal DSM, a Dutch multinational specializing in nutrition, health and sustainable living, said it will further invest in its facility in Shunde, Guangdong province, as demand for more environmentally friendly products keeps growing in China's coatings industry.
Editor's Note: This year marks the 40th anniversary of China's reform and opening-up. China Daily interviewed top executives of well-known multinational companies for their views on the country's socioeconomic development.
Nipsea Group, the largest paints and coatings manufacturer in Asia by sales revenue, will set up a new plant in western China and automate production at most of its 41 factories across the country in the long-run to maintain robust growth, said a top company official.
A major US-listed online education tech firm is looking to hook adult learners with its WeChat powered lessons, driven by artificial intelligence and big data, as a way to stand out in the crowded education market.
Nike has vowed to remove social barriers and promote women's sneaker culture, as the female sportswear market grows steadily.
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