The development of high value-added products with high quality and technology has become a key factor to drive business growth for Chinese exporters, according to Chinese companies attending the China Import and Export Fair.
Bank of China Ltd's Tokyo branch launched its renminbi clearing business on Wednesday in Tokyo, bringing the global financial center a step closer to become an offshore RMB trading hub.
Airbus Helicopters, the largest global helicopter manufacturer, said it strongly believes in the growth potential of the helicopter market in China, as it put into operation its first H135 helicopter final assembly line outside of Europe in Qingdao, Shandong province, on Wednesday.
The new lawsuit against Liu Qiangdong, the billionaire founder and CEO of Chinese e-commerce giant JD, and his company filed by a University of Minnesota student might further shake investors' confidence, and tarnish the image and reputation of the company, amid tougher competition from rivals such as Alibaba and Pinduoduo.
Chinese bike-sharing companies have recently raised their bike rental prices, a key step necessary to support a sustainable business, said industry experts.
Cheese is set to become a new growth point of the dairy sector in China, prompted by the increasing popularity of Western food and some innovative combinations such as cheese hotpot and milk tea with cheese on top.
Dutch dairy producer Royal FrieslandCampina, one of the world's largest dairy companies, said it has been working to understand Chinese consumers' tastes, and is hoping to introduce some healthier processed cheese products to China this year.
China will put over 100 State-owned enterprises into its fourth batch list of mixed-ownership reform for SOEs to better spur innovation and meet market changes, said a senior official from the country's top State assets regulator on Tuesday.
Despite the challenges that Asian and Chinese business aviation operators have encountered in the past few years, industry experts attending the annual Asian Business Aviation Conference & Exhibition (ABACE) remain positive about the sector's outlook for the coming years.
Huawei Technologies Co said on Tuesday that it had so far secured 40 commercial 5G network contracts, up from 30 announced in late January, as the Chinese company is gaining more votes of confidence from telecom carriers.
Huawei Technologies Co is seeking to steer innovation by investing $300 million annually to fund academic research in basic science and technologies.
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Raymond Zhou
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