With profitability appearing achievable last year, ofo Inc is planning a simultaneous expansion at home as well as overseas markets this year, said Dai Wei, the bike-sharing startup's founder and CEO.
Wang Xiaofeng, CEO of Beijing Mobike Technology Co Ltd, believes the bike-sharing startup's obsession with technology and products will help it stand out from the competition.
The China-Myanmar crude oil pipeline started operations after an oil tanker began offloading crude oil in the Southeast Asian country on Monday, which signals a new phase in energy cooperation between the two countries and helps ensure China's oil and gas imports.
Huawei Technologies Co Ltd will step up efforts to offer public cloud services, as the telecom giant promotes a strategy to help companies accelerate their digital transformation, rotating CEO Xu Zhijun said on Tuesday.
Shanghai is considering building a new business aviation airport to meet the rising demand for business jets in the city, an official from the Shanghai Airport Authority said on Tuesday.
China is embracing the business aviation market, with a series of new policies which aim to make it quicker and easier for individual buyers to acquire aircraft.
JD.com Inc, China's second-largest e-commerce company, plans to open more than 1 million JD convenience stores across the country in the next five years, with half of them located in rural areas, said its CEO Liu Qiangdong.
The hard facts attest to China's Belt and Road Initiative resulting in better-than-expected achievements in the past three years, said Shen Danyang, Ministry of Commerce spokesman.
The two recently launched free trade zones in Hubei and Henan provinces are expected to bring more momentum to a rising Central China.
As the core area of China (Hubei) Pilot Free Trade Zone, Wuhan offers an example of how high-tech industry benefits the local economy.
Among the recently launched seven new free trade zones, Henan FTZ differs from the others in that it will be built into a national transport and logistics hub.
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