XGIMI, China's largest intelligent projector manufacturer in terms of shipments last year, is looking to gain a lead in the European market by unveiling a new product toward the end of this year.
GUANGZHOU/NEW YORK - It is said that every girl has a wedding dress dream, but that dream of girls in the United States is under threat as tariffs cast a pall on the wedding dress industry that relies heavily on the skills of Chinese embroiderers.
Chinese tech heavyweight Lenovo Group Ltd saw its profit more than double in the quarter which ended in June, on the back of a record high personal computer market share and strong performance in its internet data center business.
Global investors and entrepreneurs have high hopes in China's innovation and entrepreneurship as they pour more investment and resources to build up their network in the country.
The fact that US equity markets reacted warmly to the US administration's decision to delay an additional tariff on certain products imported from China proves that US companies believe the trade dispute between the two countries will hurt both economies, said Chinese academics.
Market expectations of the central bank adopting an easing policy are rising, after China's industrial output growth cooled in July, although the monetary authority has repeatedly confirmed its cautious stance since the third quarter, analysts said.
Chinese investment in Europe nose-dived in the first half of this year from the same period of last year due to growing trade tension and economic uncertainty, according to a report from international consultancy group EY.
Alibaba Group Holding Ltd is upgrading its wholesale business by adding a new sourcing channel to better facilitate cross-border trade, particularly for small - and medium-sized enterprises.
Artificial intelligence is developing vigorously in China with tech companies across the country teaming up to marry the technology with a variety of industries, a top industry official said.
Shanghai municipal government has announced a total of 40 policies to further open up the city's service industry, in the hope of creating a comprehensive round of opening-up of Shanghai and further enhancing the city's competitiveness in the international market.
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Raymond Zhou
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