The World Internet Conference will offer a platform for showcasing China's willingness to deepen international cooperation, especially in the 5G era when almost everything will be connected to the internet, company executives said.
The growth of China's internet industry has benefited from and contributed to economic globalization, said Li Xiaoqiang, general manager of China Internet Investment Fund Co Ltd.
China has surprised the world with its impressive development of the internet sector and rapid emergence as a leader of the global digital economy, said foreign experts and business leaders, who emphasized the importance of international cooperation in the internet sector.
Internet-based technologies including artificial intelligence are gaining momentum in China, and are expected to benefit more people not only in the country but across the world, industry insiders said.
A recent report has found that China is the biggest driver of deep technology investment growth globally, with funding increasing at an annual rate of more than 80 percent from 2015 to 2018.
China's top alcohol brand Kweichow Moutai saw its sales revenue jump by 16.64 percent year-on-year in the first three quarters of this year, according to the company.
US-based conglomerate Honeywell has launched its Smart Manufacturing Research Center in Shanghai, in a bid to further tap into the Chinese market by diversifying its investment and development in the country.
China's relentless efforts to combat piracy, especially in using technologies to identify and contain counterfeits, are set to incentivize global brand owners with new IP launches in China and enrich the nation's entertainment market, industry insiders said.
CHICAGO - "China is important to Caterpillar's global success," said Ramin Younessi, a group president of the US equipment manufacturer.
In the past, Chinese consumers tended to be less familiar with Italian wines than their French and Australian rivals, which entered the Chinese market earlier. Now, quality-conscious drinkers are taking an interest in a more diversified range of wines, driven by growing incomes and increasingly sophisticated tastes.
Kweichow Moutai Co Ltd, China's high-end distiller from Maotai town in Southwest China's Guizhou province, said in the next few years, it will make more investments and aims to export more products to Belt and Road economies.
FILA, a venerated Italian brand, will look to expand its reach to various age groups in China with a focus on high fashion and sports performances, a top company official said.
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