China's goal of boosting its nuclear technology sector took a major step forward on Wednesday, with the creation of three significant new companies in the United Kingdom by China General Nuclear Power Corp.
Mattel Inc, the world's largest toy maker, is tapping into China's early childhood education market by working together with local investment conglomerate Fosun Group.
China plans to import two new varieties of genetically modified crops from the United States, as it accelerates a review of biotech products as part of its broader efforts to promote economic and trade ties with the US.
The push to internationalize the renminbi moved up a gear following the announcement by the European Central Bank that it will diversify some of its foreign exchange reserves into the Chinese currency, pointing to growing confidence in the renminbi as a global reserve currency.
Mattel Inc expects to grow three to four times in the more than $31 billion toys and games market in China by 2020 through digitally connected toys, as it intensifies its efforts to take on Lego Group and Hasbro Inc in the country.
CHICAGO - The first shipment of US beef to China under a new trade deal went airborne on Wednesday, a Nebraska meat company said, just two days after Washington finalized details to resume exports, ending a 14-year ban.
As a tech reporter, I am immersed in WeChat every day - it's definitely growing into a super all-in-one app that you cannot afford to stay away from: Hailing taxis, booking movie tickets, reading news posts. It's the whole package.
Hong Kong's role in directing the mainland's outward investments will be further cemented by the Belt and Road Initiative and the city's participation will further stimulate its economic growth, its Chief Executive Leung Chun-ying and other panelists told a forum.
Editor's note: In the run-up to the 19th National Congress of the Communist Party of China, China Daily will cover a series of key projects and advanced equipment of national importance, showcasing the country's huge improvements and relentless efforts in manufacturing upgrading and innovation.
Ant Financial Services Group announced on Wednesday that it will allow third-party financial institutions to set up virtual shops through an indigenous app, another push to vie for supremacy in the country's booming online financial sector.
Liaoning province in northeastern China will form a new company to run its ports, and State-owned China Merchants Group will purchase a controlling stake - in the latest example of the government's intensified efforts to integrate the nation's ports and increase their efficiency.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
