China remains a key global investment destination amid downward economic pressure worldwide, as the nation's burgeoning new economy, driven by cutting-edge technologies, is expected to inject new vitality into the local market, according to top investors.
Global energy giant Royal Dutch Shell Plc plans to expand its presence in the country in both the upstream and petrochemical manufacturing sectors, while continuing to cooperate with the country's State-owned enterprises to further participate in oil and gas projects through direct investment or technical services.
China has become a leader with vision in the aviation sector, a senior official with the US National Business Aviation Association has said.
Aston Martin Lagonda is expected to deepen its commitment to China with a larger supply of its latest models and closer cooperation with local partners, a senior executive at the British luxury carmaker said.
The development of high value-added products with high quality and technology has become a key factor to drive business growth for Chinese exporters, according to Chinese companies attending the China Import and Export Fair.
Bank of China Ltd's Tokyo branch launched its renminbi clearing business on Wednesday in Tokyo, bringing the global financial center a step closer to become an offshore RMB trading hub.
Airbus Helicopters, the largest global helicopter manufacturer, said it strongly believes in the growth potential of the helicopter market in China, as it put into operation its first H135 helicopter final assembly line outside of Europe in Qingdao, Shandong province, on Wednesday.
The new lawsuit against Liu Qiangdong, the billionaire founder and CEO of Chinese e-commerce giant JD, and his company filed by a University of Minnesota student might further shake investors' confidence, and tarnish the image and reputation of the company, amid tougher competition from rivals such as Alibaba and Pinduoduo.
Chinese bike-sharing companies have recently raised their bike rental prices, a key step necessary to support a sustainable business, said industry experts.
Cheese is set to become a new growth point of the dairy sector in China, prompted by the increasing popularity of Western food and some innovative combinations such as cheese hotpot and milk tea with cheese on top.
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Raymond Zhou
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