Chint Group, China's leading industrial electrical equipment and new-energy enterprise, is looking to expand its presence in foreign markets, with mergers and acquisitions remaining a major strategy.
A key topic for discussion at this week's Two Sessions meetings will be how to carry out financial reform to reduce the risks of overcapacity in industries such as steel, cement, and real estate sectors and also to limit shadow banking and the so-called wealth management products - high return investment products that are often sold, but not guaranteed, by banks.
The nation will drive a new generation of self-developed driverless magnetic levitation trains with a designed speed of 200 kilometers per hour into the market by March 2020, the head of its manufacturer said on Monday.
Taking advantage of monetary easing and infrastructure investment may no longer be sustainable methods of supporting economic growth, political advisers said on Monday, as tackling the slowdown in economic growth requires new motivation from the service and consumption sectors.
China should further strengthen its guidance in establishing a data sharing and usage mechanism, and encourage local authorities to explore and establish intelligent transportation solutions, Robin Li, chairman and CEO of leading Chinese search engine Baidu Inc, said on the sidelines of the annual two sessions.
China is forecast to spend 900 billion yuan ($134 billion) to 1.5 trillion yuan on 5G network construction from 2020 to 2025, as the nation strives to commercialize the superfast fifth-generation wireless technology, a think tank affiliated with the country's top industry regulator said on Monday.
China's coal industry saw reasonably fluctuating prices and increased profitability in 2018, thanks to basically balanced supply and demand, according to a report issued by the China National Coal Association on Friday.
As China's top legislature prepares to meet for its annual session beginning Tuesday, nearly 3,000 deputies, or lawmakers, will note with interest that consumption upgrade, which they had endorsed last year as key to economic growth in the new era, has borne fruit in the form of Chinese consumers' growing demand for high-quality goods, including luxury products.
The 12th Luxe Pack Shanghai, a luxury packaging industry event, will be held from April 10 to 11 to showcase the best manufacturers in the field to luxury brand decision-makers.
I've heard of hyphenated phrases like passive-aggressive, manic-depressive, but could there be a compulsive-impulsive shopper? You bet.
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