China will maintain its attraction to global investors, because of its further opened market and the fast upgrading of its digitalized business environment, said the leader of the Association of Chartered Certified Accountants, a global accounting body headquartered in London.
Cross-border transactions of insurance products within the Guangdong-Hong Kong-Macao Greater Bay Area are in the pipeline, using a model similar to that in the transaction of stocks and bonds.
Great Wall Motors has unveiled a $500 million plant in Russia, its largest ever investment overseas, marking an important step as the largest Chinese SUV maker pushes forward its globalization strategy.
While China's customs data point to solid growth in imports and exports in the first five months of this year, a customs official predicted that the country's economic development trend will remain stable and resilient in the long term.
Shanghai aims to establish a complete hydrogen energy and fuel cell vehicle industrial chain in its northwestern Jiading district, a new effort by the city to greatly develop the fuel cell industry, experts said.
Huawei Technologies Co seems to be moving very fast to prepare for the launch of its self-developed operating system, as the Chinese tech giant has reportedly shipped 1 million smartphones with the software onboard for testing.
China's foreign exchange reserves moderately increased to $3.101 trillion at the end of May, the highest level in nine months. They were up by $6.1 billion or 0.2 percent from April, according to data from the country's top foreign exchange regulator on Monday.
The property market on the Chinese mainland cooled off in May after a torrid performance earlier in the year, due to increased regulatory intervention, experts said.
As China's overweight population increases, meal replacement products are attracting much attention from food and beverage companies as well as investors.
As market competition becomes increasingly fierce in the Chinese food and beverage industry, companies are increasingly tapping into overseas markets to seek more resources and business opportunities.
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Raymond Zhou
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