Japanese electric motor manufacturer Nidec Corp said it plans to invest around $100 million in its second production facility in China's eastern Zhejiang province as part of its broader efforts to tap into "unprecedented" opportunities brought by the country's booming development in new energy vehicles and smartphones.
Chinese energy companies are expanding their presence in countries and regions participating in the Belt and Road Initiative, and promoting green, clean power generation in countries beyond China.
Construction of the Karot hydropower project in Pakistan, China's first overseas hydropower program to use its own technology and standards, is expected to finish in two years and start power generation by April 2021, according to its developer China Three Gorges Corp.
Participants in the Belt and Road Initiative have a growing desire to get as many of the Belt and Road projects done in the private sector as possible. Alan S. MacDonald, vice-chairman of Citibank, is one such participant.
China Eastern Airlines will use Beijing's upcoming new airport as an opportunity to expand its international network, especially to destinations in economies participating in the Belt and Road Initiative, a top company official said.
When Shanghai's Vice-Mayor Wu Qing made the world's first 5G video call during a ceremony in March, he was turning the "high resolution, low latency" technological rhetoric into reality.
Hefei, capital of East China's Anhui province, has made significant progress in leading the country's quantum information development efforts.
JG Investment, one of China's emerging private equity firms, is looking to find its sweet spot in China's rapidly developing emerging technologies sector, according to a top company official.
China's ability to attract foreign direct investment in high-end manufacturing and high-tech service business will remain steady in the first half of 2019, as the country's economy is on the track for a new era of consumption-led growth and high-quality development, said government officials.
The China Institute of Atomic Energy (CIAE), one of the 23 science and research arms of China National Nuclear Corporation, has been ramping up efforts to utilize nuclear technologies for industrial and commercial use.
Almost every Chinese knows about "Two Bombs and One Satellite", which refer to China's first atomic and hydrogen bombs detonated in 1964 and 1967, and the first satellite launched in 1970.
Dinesh Paliwal, president and CEO of Harman International Industries Inc, counts "delivering the best" as a key business principle.
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