Bringing home "Made in Germany" gadgets has been a ritual among Chinese tourists who show reverence for high quality.
China's policy package to support innovation and entrepreneurship in the initial, growth and maturity stages will effectively transform new technologies into companies' core competitiveness, said executives from LinkedIn, the California-based online social network for professionals.
BEIJING - In the early 1980s, a steam turbine factory in inland China was on the brink of bankruptcy, forcing its workers to produce kitchen knives to survive.
Aging workers, if given fresh training and imparted new skills, could prove a blessing in disguise at a time of talent shortages, a new industry report has found.
Lothar Herrmann, president and CEO of Siemens China, first came to Beijing as the company's executive in the 1990s. At that time, he knew the road ahead would be challenging, yet full of possibilities.
Chinese millennials are more financially savvy than they're believed to be - they not only save every nickel and dime, but also invest for the future, a new report shows.
The post-1990 generation is shaking off its stereotype as yue guang zu, or "moonlight clan", who run out of money every month and have no plan to save any. A recent study by Alipay and China New Economy Research Institute shows that the younger generations are becoming more cautious with their money - they have plan for savings; they are more careful in consumption; and they begin to manage their finances at an early age.
Summer vacation is fast becoming an expensive undertaking for many Chinese parents, especially with the growing popularity of study tours among Chinese students.
Like many areas of the education industry, although the participants in study tours are students, the customers with a final say are their parents.
Broadening foreign investment access, an improving business environment, and government support are making it easier for French companies to cooperate with Chinese partners to tap the huge potential in China's senior care market, according to French officials and industry insiders.
A typical day for 82-year-old Beijing resident Wang Baoyu centers around a senior care center near his home.
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