China is fast emerging as brand leader in a wide variety of sectors and many of the leading domestic companies are gaining global recognition for quality, according to a new report from Brand Finance, a London-based brand valuation consultancy.
China's ongoing deleveraging battle will continue to focus on easing corporate debt burden, adding debt-to-asset ratio into their performance assessment, while increasing scrutiny over local government and household leverage, according to a senior economist with an international financial group.
Consumer electronics giant TCL Corp will set up a research and development center in Eastern Europe with a focus on artificial intelligence research, and pour more resources into the next-generation semiconductor display technology such as flexible displays, as part of a broader push to drive high-quality growth.
The nation has joined the top ranks in the field of 5G technology, transforming from a follower to a global innovator to gain a lead in the uphill battle for the next generation of mobile communication technology.
Italy-based X Electrical Vehicle, or XEV, expects to launch its mass-producible 3D-printed LSEV electric cars in China from the second quarter of next year, a senior designer of the company said in Shanghai on Monday.
Chinese companies are acquiring foreign brands so that they can introduce the brand and its products to domestic shoppers, according to retail experts.
State-owned China Poly Group Corp said its merger with Sinolight Corp and China National Arts and Crafts Group last year has given the company more momentum to expand its business abroad.
As China United Network Communications Group Co Ltd presses ahead with its 78 billion yuan ($12.3 billion) mixed-ownership reform, its progress is likely to encourage other State-owned enterprises to follow suit, experts said.
Bourses in Shanghai and Shenzhen released drafts on Friday of the delisting procedures of public companies that have committed major legal violations, showing the regulator's resolution to strengthen the administrative responsibility of stock exchanges.
Steel giant Baotou Iron and Steel Group (Baogang Group) is ramping up efforts to expand its thriving business operations in a greener way.
Nice Boat Animation, producer of Dahufa, which won the Best Animation Feature category at the 2017 Golden Horse Awards, expects to see its revenue double this year, said a company executive.
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Raymond Zhou
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