Direct flights between Russia and China are set to surge, thanks to a considerable increase in the number of Chinese tourists making outbound trips, said a senior official of Moscow Sheremetyevo Airport.
Corteva Agriscience, the agriculture division of US company DowDuPont, will add employees, research and field development resources to consolidate its position in the China market, the company's head said.
E-commerce giant JD said that its first 5G intelligent logistics demonstration zone in Shanghai will use automated sorting, tracking and inspection, and overall management technologies when it starts operations this year.
Artificial intelligence and big data, two technologies China is avidly embracing, will drive a renaissance in hardware development and investment, according to a senior industry executive.
More work is required to build a digital China and a smart society, which will inject strong impetus into the country's economic growth, said a senior government official.
For Russian customers, Chinese e-commerce site AliExpress is not just a marketplace for daily necessities, but also a virtual dealership.
Swiss pharmaceutical giant Novartis AG is looking to further tap into China's healthcare market by bringing more innovative drugs, while enhancing collaborations with local biotech and technology companies to further digital transformation of healthcare, a top company official said.
German science and technology group Merck KGaA will build more innovation hubs in China during the next few years, as the country is "extremely important both as a market as well as an innovation field", a top executive of the pharmaceutical and chemical conglomerate said.
Asset quality of China's large State-owned commercial banks remained stable last year as the banks continued to optimize their credit asset structures and enhanced risk management capabilities, industry insiders said.
Microsoft Corp is working closely with the Chinese government on 21 existing incubation centers across the country to help local startups better embrace artificial intelligence, according to a senior Microsoft executive.
Young female consumers may aspire to own a premium branded handbag - Louis Vuitton, Gucci or Burberry - but Zhang Chen, 35, a luxury goods appraiser in Beijing, deals with hundreds of such items every day.
ZHENGZHOU - Although based in the inland province of Henan in central China, Huang Xiaokang feels that a sea port has been set up at the doorstep of his company.
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