Brands operating in China are becoming more sophisticated in their social media marketing due to the complex media landscape and the widening generational gap, according to the China Social Media Landscape Report 2019 by global consultancy Kantar's Media Division.
Kuang Guangli remembers clearly that 20 years ago when Chinese researchers submitted papers to global science forums nobody cared.
Micro light-emitting diodes (LEDs), an emerging flat-panel display technology with immense growth potential, are expected to be applied in a range of fields, such as large-sized display products, wearables, augmented reality, virtual reality, optical sensors and fingerprint recognition, industry experts said.
The new technology development center set up by the Sino-German joint venture FAW-Volkswagen Automotive Co Ltd will vastly improve the technology advantage of the overall auto industry and the company, officials said.
Lower-tier cities and small towns in China used to be regarded as less sophisticated, but the recent better-than-expected performance of some e-commerce and retail companies in such places has shown that they have impressive purchasing power as well as the potential to spawn new business opportunities outside the fiercely competitive markets in higher-tier cities, industry insiders said.
BEIJING - As consumption continued to be the main engine of China's economic growth, the country is stepping up efforts to create a favorable environment to further unleash consumption potential.
The collapse of the Russian economy in the 1990s drew economists' attention, belatedly, to the importance of institutions that enforce the rule of law.
Global pharmaceutical, medical devices and consumer goods giant Johnson & Johnson will increase investment in China, as well as strengthen cooperation with local startups, to enhance innovation and deliver better medication to more patients in China, according to a senior official of the company.
The new express freight service from Xi'an in Shaanxi province to Hamburg and Neuss in Germany will meet the logistics requirements for higher quality and efficiency with reasonable cost for cross-border transportation between China and Europe, and cut transit time from 17 days to between 10 and 12 days, according to a senior executive from DHL Global Forwarding.
Domestic and foreign carriers operating at the new Beijing Daxing International Airport have expressed confidence that the added capacity and better facilities would strengthen their growth prospects in the country.
Commercial banks in Taizhou, a coastal city in East China's Zhejiang province, are searching for ways to support small-and medium-sized enterprises to solve financial difficulties which could pose credit risks and slow down regional economic growth.
Companies which pledge patent rights to get bank loans are becoming a popular way to secure financing in southeastern China, where many technology startups are looking for funding support to sustain their growth.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
