GENEVA - Switzerland's biggest telecoms firm, Swisscom, said Wednesday it is expanding the fifth-generation network, or 5G, and will supply virtually the whole country by the end of the year with two Chinese companies in its brand line-up.
Sika is one of the world's leading chemicals companies, specializing in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and motor vehicle industry. The Swiss company has subsidiaries in 101 countries around the world, and has over 200 manufacturing facilities. Its more than 20,060 employees helped generate annual sales of 7.09 billion CHF ($6.98 billion) in 2018. Early this year, Sika made a binding offer to acquire Parex, a fast-growing construction chemical company providing solutions to the building and construction industry, to further expand its market growth in China. Recently, Zhang Yejiong, president of Sika China, Xu Ying, president of Parex China, and Mike Campion, president and CEO of Sika Asia Pacific and member of the Group Executive Board, sat down with China Daily to share their views on the company's future development in China.
China and Saudi Arabia will have stronger trade relations and economic cooperation in 2019, said commerce officials and business leaders from both countries.
King Abdullah University of Science and Technology in Saudi Arabia has long been a renowned university for Chinese students, designed for the "elites of the elites." Since its founding, KAUST has served as a bridge between China and Saudi Arabia for both academic research and social and cultural values. Tony F. Chan, president of the university, recently sat down with China Daily to share his view on the development of the school and its ties with China.
China is strengthening the management of its system for recalling new energy vehicles, as part of the country's efforts to forge well-organized and high-quality development of the world's largest NEV market.
China has developed into a powerhouse of the global economy since it began to open up to the world four decades ago. One area that has developed especially is its automotive market, which has grown remarkably, despite last year's slowdown.
German carmaker Volkswagen's Jetta model, which has been well-known in China since the 1990s, has grown into a standalone brand. It is targeted at the young generation to meet the driving needs of different segments in the world's largest auto market.
SAN FRANCISCO - On Thursday, Tesla chief Elon Musk urged workers to make the "biggest wave" of deliveries in the electric carmaker's history their top priority, Business Insider reported.
British premium marque Jaguar is charging to the fore with its racing DNA and leading technology in the world's first championship for mass-produced electric cars, as part of its commitment to electrification and race-to-innovate mission.
In a fast-changing market like China, even a brand as ubiquitous as Volkswagen will not relax for fear of losing hard-won turf, as local carmakers are taking on international rivals and car ownership is threatened by ride-hailing services.
German luxury carmaker Porsche AG is scheduled to introduce two more new energy models into China, its largest single market worldwide for four consecutive years, as part of the automaker's efforts to solidify its presence in the country's new energy market.
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