Ride-hailing firm Didi Chuxing and UK energy giant BP announced on Thursday that they have agreed to form a new joint venture to build electric vehicle charging infrastructure in China, the world's largest market for electric vehicles.
Chinese investors' demand for gold has declined in the second quarter of 2019 due to the rising confidence of investors in the renminbi's exchange rate and the steady performance of the domestic stock market, experts said.
IMAX China Holding Inc, a unit of global entertainment chain IMAX, reported on Wednesday its revenue for the first half of this year rose 15.1 percent year-on-year to $59.3 million, driven by strong growth in its theater network business.
China's energy mix has continued to evolve, with the share of total energy consumption for coal in 2018 hitting a historical low of 58 percent despite remaining the dominant fuel in China, said the BP Statistical Review 2019, which was released in Beijing on Tuesday.
Gone are the days when the outsourcing industry was labeled as labor-intensive or even low end. Chinese companies in this sector have been enhancing their technological and innovative capabilities, buoyed further by the country's shift to high-quality development.
China made steady progress in its efforts to ensure energy supply and demand security during the first six months of this year, an industry official said.
Brazilian conglomerate Embraer SA, a commercial aircraft manufacturer, said it is bullish on prospects in China's rapidly growing low-cost and regional aviation market, triggered by an increasing air travel demand from smaller Chinese cities.
China's A-share market ended higher on Tuesday, with the growth enterprise-heavy ChiNext Index hitting a three-month top, as analysts expect an easing in global monetary policies to spark an uptrend in financial markets over the second half of the year.
GAC Group, a major automobile maker in Guangdong province, has unveiled an intelligent and interconnected driving ecosystem to facilitate its development in the booming new energy vehicle sector.
The secondhand economy, supported by the consumption upgrade and advanced internet technologies, is set to create a trillion-yuan market in China, according to industry insiders.
Half-price Prada, discounted Louis Vuitton and cut-price Chanel - thanks to the rise of platforms selling secondhand goods in China, luxury brands are no longer out of reach.
More capital is needed to bolster the development of chip manufacturing in China, as the nation strives to reduce reliance on foreign technologies in case of a wider US export ban on the sector, investors and analysts said.
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