Commonwealth Handling Equipment Pool, known as CHEP, expects to deliver over 20 percent of revenue growth this year, which will be buoyed in large part by the promising China market, its global executive said.
China has impressed the world with the construction of its high-speed railways and its first self-built large jetliner, and now the oceans are the next stage for high-end manufacturing as construction commences of the nation's first homegrown cruise ship, which is scheduled to be delivered in September 2023.
The launch of China's first cruise tourism development demonstration zone in Shanghai marked the emergence of a hundred-billion-yuan industry chain in the country, and it is only a matter of time before China becomes the largest cruise market in the world, experts said.
GE Renewable Energy will actively participate in the development of offshore wind power in China in the years ahead, said senior executives of the company.
Chinese dama, or middle-aged women, who rushed to buy gold in 2013 when prices fell, seem to have turned to Chinese gold-backed exchange traded funds, which saw the fastest growth among Asian-listed funds in the third quarter of 2019, analysts and industry experts said.
Editor's note: The Chinese government has adopted a series of measures to boost economic growth, including stimulating consumption, further opening up to foreign investment, supporting private enterprises and encouraging technological innovation. China Daily asked senior executives of well-known multinational companies to share their views on the country's economic development and their companies' business strategies in China.
China's new manufacturing fund will provide impetus for the nation's industrial restructuring, and help it better pursue high-quality growth, experts said.
A portable translator provides real-time translation in 60 languages. A robot has passed the written test of China's national medical licensing examination. And computer systems assist courts in judging criminal cases and automatically score papers students have spent days writing.
Hefei, the capital city of Anhui province, aims to be a pioneer in China's quantum information science and technology development, with a string of local companies eager to commercialize the cutting-edge technology.
The fourth phase of Nansha Port will accelerate the development of Guangzhou and make Guangdong's provincial capital a major global shipping center, industry insiders said.
Imagine a day when you can earn a living by authorizing others to access information about your behavior patterns such as how many eggs you eat daily and how often you play badminton. These facts will all become tradable assets owned by individuals.
Selling 300,000 yuan ($42,300) worth of durian products in 10 minutes was once beyond the wildest dreams of Leron Yee Poh Soon, co-founder of Malaysian durian producer DKing. But the dream became reality in September thanks to Chinese internet celebrities.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
