Editor's note: Last year marks the fifth anniversary of the Third Plenary Session of the 18th CPC Central Committee. With the nation determined to deepen reform and opening-up, China Daily reporters look at different fields to check how the transformative policy has helped revitalize the national economy. Their reports below show tremendous achievements have been made to grow and stabilize the economy through well-thought-out fiscal and monetary policies, tax reforms and introduction of mixed ownership in central State-owned enterprises.
China will make substantive progress in restructuring the nation's previously monopolized industries, and bring in more mixed-ownership management models, said experts.
If 2018 marked the start of "a tax-cut new era" in China, after more than 1.3 trillion yuan ($192 billion) was slashed from the nation's tax bill, then policymakers expect 2019 to be the year when the effects begin to filter through to the economy, and said that more aggressive reforms could be on the way.
Tencent Holdings Ltd is looking to work with more smart solutions and service providers, or SSPs, as it seeks to deepen its mobile wallet business' overseas presence, according to a company executive.
Chinese pharmaceutical major Luye Pharma Group Ltd announced on Wednesday that it had signed an agreement with AstraZeneca China for the latter to have exclusive rights to promote its Xuezhikang capsule medicine in the Chinese mainland.
Many regional leaders of foreign companies in China face challenges when reporting to their global headquarters, especially if the latter lacks familiarity with or interest in the Chinese market.
With the theme of "Vision Unlimited", Guangzhou-based GAC Motor, a subsidiary of GAC Group, is impressing the world with its products at the 2019 North American International Auto Show held from Monday to Jan 27 at the Cobo Center in Detroit.
Guangzhou Automobile Group, or GAC Group, launched its research and development center in Detroit on Tuesday, marking the company's latest step in its global R&D capabilities after setting up two centers in Silicon Valley and Los Angeles.
China will tightly control State-owned enterprises' new investments in financial businesses, standardize the development of financial derivatives, and strictly prohibit any speculation in 2019, said the country's top SOE regulator.
Nike Inc has caught onto the sustainability trend in China in a bid to capture young shoppers' hearts, as demonstrated when it opened a state-of-the-art logistics facility last week.
Banks are reacting to the digital era by improving customer service across their branches, adding staff training, sofas, and even libraries, hoping to win back a set of people who are increasingly comfortable doing their finances online.
Leading Chinese snack firms are turning to high-end products, as a way not to become embroiled in a profit-hitting price war, or compete with imported products, and instead meet consumers' more adventurous demands.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
