Samsung Electronics Co Ltd is shifting its focus to high-end manufacturing and emerging sectors including batteries and capacitors in China, as the South Korean technology giant is reportedly planning to close its smartphone manufacturing plant in Huizhou, Guangdong province, in September - its last smartphone factory in China.
The 12th China Northeast Asia Expo to be held in August will give a powerful impetus to the country's northeastern region and bolster its trade and economic relations with neighboring countries, the Ministry of Commerce said on Monday. The expo will be held in Changchun, Jilin province, from Aug 23 to 27.
Tianjin-based Bloomage Biotech is expected to break ground on a facility to produce hyaluronic acid (HA) used by dermatologists to keep the skin looking vibrant and young and is a key ingredient in cosmetics and medicine, a website under the Tianjin Economic and Development Area said.
China's real estate industry may be staring at what some may label as a monstrous financial problem.
The rise of Chinese startups overseas is spurring CCV, a Chinese investment firm with financial arsenal of $400 million, to target opportunities abroad.
For young Chinese professionals from all parts of China working and living in Beijing, high home prices create twin anxieties: big loans that may take a lifetime to pay off; and the fear of property price falls.
Stepping up efforts to establish China's real estate investment trusts, or REITs, may be one of the fundamental solutions to rising financial risks of the real estate sector, policy advisers and experts said.
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You are standing at the edge of an abyss. The time is now, and across the abyss, is your future. The challenge: can you rise above the abyss, or fall into it? The answers are out there, but it's on you to find them.
A national bankruptcy mechanism is under discussion by policymakers, covering local governments and enterprises, to prevent systemic financial risks, said a senior official with the central bank.
China's consumption market is expected to remain stable and grow in the second half of the year, pushed by the country's stable job market and tax cut measures, as well as the new round of reform and opening-up, the Ministry of Commerce said in an online statement.
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