Perfect World Education Investment Co Ltd, the education branch of Beijing-based global entertainment group Perfect World Investment & Holding Group, has announced a 10-year partnership with Abertay University in the United Kingdom, which is known for its expertise in computer games.
Global insurance company Allianz announced recently that it will expand its entertainment insurance business to the Chinese mainland and Hong Kong, in a bid to fill a void in the region's booming film and performance industry.
Regulators have agreed to quadruple the daily transaction limits of the Stock Connect links between the bourses in the Chinese mainland and Hong Kong.
Sales and profits of China's spirit makers are likely to soar in the first quarter, and industry analysts expect such rapid growth to sustain as higher-end products are becoming popular on the back of the consumption upgrade in the country.
Imagine an aristocratic lady during the Tang Dynasty (618-907) more than a millennium ago. Exuberantly beautiful, a lush pile of hair spirals from the crown of her head like a pond snail. Dressed in a low-cut, bust-revealing gown with silken luster that accentuates her opulent beauty, she is glamorous and sensuous, and no doubt fully aware of her own allure.
"Such was the continuity and wholeness of Chinese civilization that anything brought to it and considered foreign would ultimately be internalized once it was adopted," says Zhao Liya, a book editor turned historian who has just written for the catalog of an exhibition at the Cernuschi Museum in Paris titled the Perfumes of China - the Incense Culture of the Imperial Times. The exhibition is a joint effort of the French museum and the Shanghai Museum.
Flying 25 days every month, Ramesh Dungarmal Tainwala still looked energetic when he landed in Hong Kong for his company's annual financial results announcement. In charge of the world's largest luggage maker, the CEO of Samsonite International SA sees the Chinese mainland as his most important market, and is preparing to expand the company's retail presence there to increase direct-to-consumer sales.
Hipsters and health nuts the world over want more avocados for their toast and blueberries for their everything. Enter Chilean grower Hortifrut SA.
China's pledge to further open up its automotive industry will bring more opportunities than challenges, according to industry insiders.
German industrial conglomerate Siemens AG will establish an office in Beijing for businesses related to the Belt and Road Initiative, further intensifying company-wide efforts to continue teaming up with both Chinese and global partners, according to a senior executive.
Tencent Holdings Ltd, JD and TCL Corp are among the investors for New Leshi Smart Home, a television maker formerly known as the Leshi Zhixin Electronic Technology (Tianjin) Co Ltd, said the firm's controlling shareholder, Leshi Internet Information and Technology.
Venture capital and private equity fundraising had an almost 75 percent year-on-year drop in the first quarter of this year; however, strong investment is still flowing into the internet, information technology and manufacturing industries, according to a recent report released by the ChinaVenture Institute.
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Raymond Zhou
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Chen Weihua
