Infiniti, Nissan Motor Co's flagship premium brand, has announced plans to triple its annual China sales to approximately 150,000 vehicles in the next five years.
German carmaker Volkswagen Group said it will invest 15 billion euros ($18.3 billion) by 2022 with its Chinese joint ventures in e-mobility, autonomous driving, digitalization and new mobility services as part of efforts to deliver solutions called People's Mobility.
China and Austria will continue to diversify economic cooperation and build stronger trade ties in 2018, as their products are complementary and they have already agreed to develop the Belt and Road Initiative and the Central and Eastern European market, officials said.
Improved political and business ties - supported by factors including cultural and music events, and new business models - will further boost people-to-people exchanges and tourism between China and Austria in the long run, according to experts.
The Weifang Hi-tech Industrial Development Zone, a national economic development zone launched in 1991, has established a strong position among such zones in China over the past 20 years.
Weichai Group - a company specializing in the design, manufacturing and sales of diesel engines - has just released a tour bus equipped with its new powertrain system that meets exacting Euro VI emission standards.
Weifang Hi-tech Industrial Development Zone sent representatives to visit Shandong Newocean Software in January, in order to find out how the area could improve and provide better services for businesses located there.
Bureau Veritas will celebrate its 190th anniversary in 2018, with the French origin company aiming to bring its expertise to serve Chinese companies and support them in their ambitious transformation plans.
The future of China and South Korea's business ties will be decided by stable political relations, the fastgrowing services sector and trade - especially in manufacturing and healthcare - government officials said.
South Korean Companies usually conjure up a serious and conservative image when it comes to management style and senior executive appointments.
Chancheng district, the central district in Foshan in Guangdong province, has become a model for the successful integration of information technology and data processing within its administration, officials said.
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Raymond Zhou
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