Tech behemoth Amazon.com Inc is banking on Black Friday, which falls on Nov 29 this year, the beginning of the Christmas shopping season in the United States, to boost cross-border online purchases, as Chinese consumers, especially those living in the third-and fourth-tier cities, display a fast-growing purchasing power for high-quality goods from overseas.
Dell Technologies has pledged to launch more cutting-edge products and invest at least $25 billion in China next year as the US company sees great growth potential in the nation's market.
When Wang Wenxin presented his undergraduate entrepreneur project on a sludge cleaning robot to Nobel and Turing Award laureates in competition with cutting-edge inventions from worldwide experienced researchers, he was nervous but confident.
Swiss pharmaceutical giant Roche Group - which established the first foreign-funded research and development center in Shanghai in 2004 and was the first multinational enterprise in Shanghai Zhangjiang Hi-Tech Park in 1994 - announced the completion of a new innovation center in the city on Oct 21.
Deborah Dunsire, president and CEO of multinational pharmaceutical company Lundbeck A/S, expects more business opportunities to unfold rapidly in China, the second-largest market for the company.
China should put a new mechanism in place to allow the central bank to buy bonds issued by the government to supply more funds to boost growth, according to a group of researchers from a leading national think tank on Wednesday.
Chinese mainland e-commerce giant Alibaba Group Holding Ltd has got the go-ahead from the Hong Kong stock exchange for a secondary listing that could raise as much as $15 billion, despite almost five months of violent protests in Hong Kong that have rocked the Asian financial center and weighed on investor sentiment.
The China High-Tech Fair, the country's largest technology event, kicked off in Shenzhen on Wednesday, showcasing intelligent manufacturing power in the Guangdong-Hong Kong-Macao Greater Bay Area.
India has become SAIC Motor Corp Ltd's seventh overseas market with a sales volume of 10,000 vehicles, and so far SAIC has received more than 38,000 orders for its locally-made MG Hector from the Indian market, senior executives of the company said on Wednesday.
Buying travel products has become a new favorite of Chinese consumers during the Singles Day shopping spree, and the growth rate in this activity has exceeded the purchases of some physical goods.
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