Chinese automaker Zhejiang Geely Holding Group is to buy 49.9 percent of Malaysia's largest car manufacturer Proton, with a final agreement expected to be signed in July, a move that will speed up its inroads into the Southeast Asian market.
China will step up efforts to boost high-end and intelligent equipment manufacturing, and accelerate innovations in sensor and control system as well as industrial software to upgrade the country's traditional industries, said Xin Guobin, vice-minister of Industry and Information Technology.
Norway has come up with an ambitious plan to dramatically increase its seafood exports to China, and expects the trade to be worth 10 billion yuan ($1.45 billion) by 2025, the Norwegian Seafood Council said on Wednesday at a news conference in Beijing.
Construction of the world's first Hualong One nuclear reactor unit at Fuqing in eastern Fujian province will reach a milestone with the installation of the dome on the containment vessel due to take place on Thursday or Friday.
Microsoft Corp has allowed government customers in China to use their own encryption algorithms in the especially-tailored Windows 10 Government Edition, with the aim of keeping all data in the nation, senior company executives said.
Chinese leading insurer China Life Insurance (Group) Co said on Tuesday it is buying 48 commercial properties in the United States with total value of $950 million.
Chinese tourists prefer less well-known small cities and villages - along with big cities and hot destinations - when traveling to countries and regions related to the Belt and Road Initiative, according to a report by international house-sharing service provider Airbnb Inc.
China's consumer confidence index in the first quarter hit the highest score since 2015, buoyed by an improved macroeconomy and surging consumption power, Nielsen's latest survey showed on Tuesday.
Asia's first commercial carbon capture and storage project will begin to operate in northwestern China's Shaanxi province next year, said an executive of Shaanxi Yanchang Petroleum (Group) Co Ltd.
The growing spending power of China's middle class and its increasing interest in healthy food are creating good conditions for exports of Californian almonds, said Richard Waycott, chief executive officer of the Almond Board of California.
During the Spring Festival holiday in early February, I spent a few days at my home village in Henan province in Central China, and happily noticed how much the village and its residents have changed.
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