The National Bureau of Statistics reported last week that China's top-line GDP growth rate in the first quarter was 6.4 percent, at the upper end of the government's target of 6 to 6.5 percent growth for 2019. This faster-than-expected growth gives policymakers some breathing room to continue a stable monetary policy and to implement fiscal policies aimed both at transforming the economy and at reducing the risks of accumulated debt.
Micron Technology Inc, the US-headquartered semiconductor giant, is moving forward to advance its capabilities in China, its CEO Sanjay Mehrotra said, in a bid to gain a stronger foothold in the market and meet rising demand in the coming years.
Lexus, Toyota's premium brand, unveiled the flagship luxury MPV LM at the Shanghai auto show. The new vehicle was regarded for its combination of traditional oriental elements and modern technology to provide diverse luxurious travel experiences for customers.
Two leading Chinese chip designers joined forces on Monday to boost the homegrown semiconductor industry's competence in controllers for solid state drives, a crucial component of data storage devices.
Cargill Inc, the US-based agricultural conglomerate, will invest $112 million to expand the capacity of its corn processing facility in Songyuan in northeastern China's Jilin province, its global head said on Monday.
US-based ExxonMobil Corp announced a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas supply on Monday, under which Zhejiang Energy is expected to receive 1 million metric tons of LNG annually over 20 years.
Experts urged Chinese construction contractors to continuously develop high-quality and sustainable infrastructure projects.
At 9 am on April 20, I was in a line of at least 50 people, slouching against the bar separating me from the entrance to Uniqlo, the streetwear emporium in downtown Shanghai's West Nanjing Road.
Standard Chartered Bank identifies China as the center of its strategy, as the country has become a key driver for the group's business growth, said Bill Winters, group chief executive of the bank.
Scandinavian luxury brand Volvo Cars launched its all-new luxury SUV - the Volvo XC40, on April 16 in Shanghai, as part of the automaker's efforts to amplify its product portfolio and make the brand more influential among younger consumers.
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Raymond Zhou
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