China's steelmakers need to press ahead with capacity cutting and deleveraging, despite the sector's strong performance in the first quarter of the year, an expert said.
China's industries enjoyed steady growth with enterprises' profits rising rapidly in the first quarter of the year, the Ministry of Industry and Information Technology said on Wednesday.
China's online retail sales posted robust growth in the first quarter of the year, reflecting a changing consumption pattern, official data showed.
Companies are finding it easier and more convenient to conduct trade in Shenzhen's Qianhai & Shekou Free Trade Area, but more effort is needed to make the region a core pivot of the Guangdong-Hong Kong-Macao Greater Bay Area, according to a research report.
Walking around the shopping malls of Beijing, you will find a throng of glass-enclosed mini karaoke booths covering just 2 square meters, in which people indulge in their love of singing without blasting out loud music.
Beijing ThunderStone Technology Co Ltd, one of the largest karaoke system suppliers in China, is gearing up its expansion of online-to-offline or O2O services, betting big on the emerging market segment for karaoke lovers.
In line with the popular online-to-offline mode adopted by many businesses, the mobile music industry wants online singing platforms to present services like bricks-and-mortar mini KTV bars as they strive to attract more users and seek new selling points.
China is set to build a globally competitive automotive industry within 10 years, with new energy vehicles and smart, internet-connected cars taking the lead worldwide, according to an industry guideline released on Tuesday.
China's central provinces are expected to attract more foreign investment at the 10th Central China Investment and Trade Exposition, which will be held in Hefei, Anhui province, and aims to strengthen new drivers for regional economic development, officials said on Tuesday.
China United Network Communications Ltd unveiled a joint venture with local partners on Tuesday, as the country's second-largest telecom carrier by subscribers scrambles to offer in-flight Wi-Fi services.
Global leading sportswear producer adidas AG is expected to open 2,000 new stores by 2020 in China, the company said.
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