A growing number of Chinese online gaming companies are expanding globally, as gaming regulators have tightened their grip on the local market, which is reaching saturation point.
Perfect World Co Ltd, a leading Chinese gaming and movie conglomerate, is gearing up its overseas expansion as it looks to gain an edge in the global gaming market.
Tangible progress was made in bilateral economic ties and trade cooperation between China and Africa during the first China-Africa Economic and Trade Expo held in Changsha, Hunan province, last month.
Construction services firm China CAMC Engineering Co Ltd is further expanding its presence in Africa and looking to participate in more local projects via investment-construction-operation, a senior company executive said.
Agricultural cooperation between China and Africa is set to see a rapid growth, judging by the expressions of interest and deals signed between the two sides at the recently-held China-Africa Economic and Trade Expo in Changsha.
Swiss pharmaceutical giant Novartis AG plans to submit applications for 50 innovative drugs focusing on unmet medical needs in China by 2023, riding the wave of streamlined and accelerated new drug approvals in the country.
Wealth management is on the cusp of a revolution powered by artificial intelligence that offers predictive analysis and recommendation engines so individuals can make better investment decisions.
Consumption will continue to be the strongest driver of China's economic growth and the country's regulators are looking at ways to further liberalize its potential.
Luxury holiday operators and airlines are positive about the outlook for the country's tourism industry as the sector has remained robust, said business insiders.
As China is keen to expand brick-and-mortar and virtual shopping infrastructure to further bolster the country's consumption potential, domestic players have begun to deploy resources in niche markets to maintain robust growth.
Retail behemoth Amazon.com Inc will continue to increase investments in its cross-border shopping business Amazon Global Store in China and is bullish on the prospects of this segment, although the United States-based tech giant is now facing increasingly fierce competition from local e-commerce rivals.
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