In the wake of trade tariff tensions, China (and the US) need to be aware of the potential risk of a breakdown in the industrial chain. A study found that if the trade friction lasts for one more year, countries will face the risk of industrial chain breakdown.
China Shipbuilding Industry Corp, the primary contractor for the country's naval force, will accelerate the development of intelligent manufacturing processes at its shipyards as part of efforts to build high-end ships, its executives said.
Waterdrop Inc, a Chinese third-party online insurance broker, is set to expand its health insurance business.
Information technology or IT remains the most popular career option for fresh graduates in China as relatively higher salaries, large number of jobs available and bright prospects in the sector trump the low mood created by recent layoffs, according to an industry report.
For Fernando Teixeira, a love of engineering and the search for a better life led him to accept a top job with an industrial group. As CEO of Valin ArcelorMittal Automotive Steel Co in China, or VAMA, for the last four years, he refreshed its marketing strategies and developed a sense of the country's consumption upgrade, which was visible even in vehicle sales.
A growing number of Chinese online gaming companies are expanding globally, as gaming regulators have tightened their grip on the local market, which is reaching saturation point.
Perfect World Co Ltd, a leading Chinese gaming and movie conglomerate, is gearing up its overseas expansion as it looks to gain an edge in the global gaming market.
Tangible progress was made in bilateral economic ties and trade cooperation between China and Africa during the first China-Africa Economic and Trade Expo held in Changsha, Hunan province, last month.
Construction services firm China CAMC Engineering Co Ltd is further expanding its presence in Africa and looking to participate in more local projects via investment-construction-operation, a senior company executive said.
Agricultural cooperation between China and Africa is set to see a rapid growth, judging by the expressions of interest and deals signed between the two sides at the recently-held China-Africa Economic and Trade Expo in Changsha.
Swiss pharmaceutical giant Novartis AG plans to submit applications for 50 innovative drugs focusing on unmet medical needs in China by 2023, riding the wave of streamlined and accelerated new drug approvals in the country.
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