Great Wall Motors has unveiled a $500 million plant in Russia, its largest ever investment overseas, marking an important step as the largest Chinese SUV maker pushes forward its globalization strategy.
While China's customs data point to solid growth in imports and exports in the first five months of this year, a customs official predicted that the country's economic development trend will remain stable and resilient in the long term.
Shanghai aims to establish a complete hydrogen energy and fuel cell vehicle industrial chain in its northwestern Jiading district, a new effort by the city to greatly develop the fuel cell industry, experts said.
Huawei Technologies Co seems to be moving very fast to prepare for the launch of its self-developed operating system, as the Chinese tech giant has reportedly shipped 1 million smartphones with the software onboard for testing.
China's foreign exchange reserves moderately increased to $3.101 trillion at the end of May, the highest level in nine months. They were up by $6.1 billion or 0.2 percent from April, according to data from the country's top foreign exchange regulator on Monday.
The property market on the Chinese mainland cooled off in May after a torrid performance earlier in the year, due to increased regulatory intervention, experts said.
As China's overweight population increases, meal replacement products are attracting much attention from food and beverage companies as well as investors.
As market competition becomes increasingly fierce in the Chinese food and beverage industry, companies are increasingly tapping into overseas markets to seek more resources and business opportunities.
Establishing a recognizable brand name early on is important for companies hoping to succeed in the agriculture industry, said experts.
The trend of Chinese parents pulling out all the stops to secure a bright future for their children has intensified this year.
Owing to a paucity of high-quality education options in China, parents with young children tend to become anxious in May. That's when the fate of school and junior high school admission applications in major Chinese cities is decided.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
