Many regional leaders of foreign companies in China face challenges when reporting to their global headquarters, especially if the latter lacks familiarity with or interest in the Chinese market.
With the theme of "Vision Unlimited", Guangzhou-based GAC Motor, a subsidiary of GAC Group, is impressing the world with its products at the 2019 North American International Auto Show held from Monday to Jan 27 at the Cobo Center in Detroit.
Guangzhou Automobile Group, or GAC Group, launched its research and development center in Detroit on Tuesday, marking the company's latest step in its global R&D capabilities after setting up two centers in Silicon Valley and Los Angeles.
China will tightly control State-owned enterprises' new investments in financial businesses, standardize the development of financial derivatives, and strictly prohibit any speculation in 2019, said the country's top SOE regulator.
Nike Inc has caught onto the sustainability trend in China in a bid to capture young shoppers' hearts, as demonstrated when it opened a state-of-the-art logistics facility last week.
Banks are reacting to the digital era by improving customer service across their branches, adding staff training, sofas, and even libraries, hoping to win back a set of people who are increasingly comfortable doing their finances online.
Leading Chinese snack firms are turning to high-end products, as a way not to become embroiled in a profit-hitting price war, or compete with imported products, and instead meet consumers' more adventurous demands.
An impending policy to tighten scrap steel imports is bound to shake up the domestic market, but the influence will be limited, said experts.
Guangzhou Automobile Group Co is poised to enter the United States auto market, setting its sights on becoming a truly global brand, according to the carmaker's president.
Volkswagen signaled China will be an important market for its electric vehicle sales, amid plans to invest $34 billion in the segment over the next six years.
China will step up its efforts this year to expand overseas companies' access to the country's telecom and internet market, with more businesses open to overseas capital, amid the ongoing push to further drive forward opening-up, analysts said.
A future of autonomous driving continues to become reality in China, as local authorities and private firms work together to test the potentially life-changing technology with over 100 number plates handed out for public road tests.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
