SHENYANG - Supply-side reform has been reinvigorating State-owned enterprises across the nation, but it is not all plain sailing. Due to the strict quality standards required for such products, few Chinese companies are able to produce the material needed for the caps of mineral water bottles, but Fushun Petrochemical has proved an exception to the rule.
The CEO of Thales aims to double the group's business in China during the next five years and take advantage of the booming aerospace sector
Siasun Robot & Automation Co, China's largest robot maker by market value, will step up efforts to acquire foreign companies, as it strives to become a global robot heavyweight in 2020.
Microsoft Corp has unveiled its latest generation of smart chatbot, which can now voice control 35 smart home appliances made by Xiaomi Corp, as part of its broader push to tap into internet of things opportunities in China.
Chinese excavator manufacturers are expected to see a 50 percent year-on-year jump in sales to 120,000 units by 2017, despite the low stocks available due to the quiet market in the past five years, officials said on Wednesday.
Chinese conglomerate Dalian Wanda has pulled out of plans to buy part of the Nine Elms Square site in central London, which comes hot on the heels of the Chinese government's latest rules on investment in overseas deals.
The possibility of China and the US engaging in a major trade war is low given their close economic links, said a former central bank adviser.
Social media is set to become a major gateway to shopping rather than a mere communication portal, as the younger generation of buyers are inclined to make purchases while watching livestreaming shows, according to a latest survey.
A satellite the size of a teakettle will be launched into space by the end of this year.
A new player in the space race is planning to launch 20 satellites by the end of 2018.
China's commercial space sector will eventually take off after a few bumpy launches.
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