Li Zhifei and his partners developed a voice search application called Chumenwenwen in 2013 and launched a smartwatch based on the technology two years later.
Haidian Science Park, or HSP, has taken the lead in China to help young entrepreneurs follow their dreams and ride the country's startup wave.
InnoWay, an innovation street in Beijing's Zhongguancun Haidian Science Park, is becoming an entrepreneurship landmark for grassroots entrepreneurs in the capital.
Preferential policies help make district a desirable business hub
The Jimei district of the coastal city of Xiamen, well known for its long educational history, is pressing ahead with a new economic development plan that focuses on high-tech and innovation.
Hong Kong-listed BAIC Motor is expecting to make history in China's auto sector, as it is in the process of becoming the country's first automaker to form a crossholding alliance with an international auto group.
Despite the market plunge, Sino-German joint venture Beijing Benz Automotive Co is still confident and planning to bring new locally made Mercedes models to Chinese consumers in the near future.
Dongfeng Peugeot Citroen Automobile reshuffled its management personnel after a series of rotations in May amid a drop in sales of Citroen branded cars in the first half of this year.
China's auto after-sales sector will face a shake-up when the government releases a guideline on car maintenance and repair that is expected in September.
The rout in China stocks is posing another threat to the world's biggest car market, jeopardizing growth plans for companies from Volkswagen AG to General Motors.
German luxury carmaker BMW announced its "Maintaining Joy" aftersales service upgrade in China with a new strategy promising convenience, trust and care on Aug 24 in Beijing, weeks after the carmaker initiated a new brand campaign centered on innovation.
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