Washington has resorted to raising tariffs on Chinese goods and restricting Chinese telecom giant Huawei to undermine China's economic growth and maintain the United States' edge in economic development, Russian economists said.
China is poised to grow strongly in the next two to four decades due to the Belt and Road Initiative and this will provide significant business opportunities to other economies in the world which would benefit from the country's business wisdom, participants of a student-led business forum in London said.
Tighter environmental regulations in China will provide substantial opportunities for French utility company Suez as it will increase the need for cutting-edge technologies, the firm said.
The 2019 Shenzhen Smart City Forum held from May 14-15 in Guangdong province aims to improve communication and cooperation in the building of smart and digital cities, organizers said.
When a bus in Changsha, capital of Central China's Hunan province, approached its station, it stopped smoothly as other buses did, but the driver's feet did not hit the brake, nor did his hands touch the wheel.
China's central region has remained attractive for foreign investors due to its potential for high-quality development and steps to develop high-end manufacturing and service sectors in recent years, said officials.
The robust economic performance of many local governments and cities has offered concrete evidence that China's economic growth remained resilient during the first quarter, with the pivot shifting from traditional industries to emerging industries.
Prices of rare earth firms listed on the A-share market surged on Monday after reports that China has extended the ban on imports of medium-to-heavy rare earths, including dysprosium oxide and terbium oxide, from Myanmar.
Creditor committees in China are pushing for reforms and provide support for companies that have good prospects for development but have run into temporary trouble by stepping up financial aid through loans and helping them with deleveraging and debt restructuring.
Using your phone as a wallet is old hat in China. Using it as a checkout counter? Not so much yet.
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Raymond Zhou
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Chen Weihua
