A Sino-German intelligent manufacturing cooperation park has opened in South China’s Foshan city, Guangdong province.The park is focused on robot manufacturing and is ready to accommodate at least 500 enterprises associated with robotics by 2025.
East Meets West over green finance as UK-China Centre established
At a meeting in Beijing, the Lord Mayor of the City of London, Charles Bowman and Dr. Ma Jun, Chair of the China Green Finance Committee, are set to jointly establish the new UK-China Green Finance Centre.
New London-China air link
China’s Hainan Airlines launched its second non-stop flight service to the UK on Friday, connecting London with Changsha, the capital of Hunan province.
China implements $10b worth of infrastructure projects in Bangladesh, says ambassador
China has begun implementing $10 billion worth of infrastructure projects in Bangladesh, said Chinese Ambassador to Bangladesh Zhang Zuo here on Wednesday at his first press conference since taking office.
Geely to ramp up digitalization, new energy efforts
Zhejiang Geely Holding Group will step up its digitalization and electrification efforts as more cars will become electrified, smart mobile terminals connected to the internet, said its chairman Li Shufu on Tuesday. Li, a deputy to the 13th National People’s Congress, said studies on digitalization will prove crucial as the 21st century is an era that features technological revolution, industrial evolution … Read More
China opens mobile payment market to foreign companies
The People’s Bank of China has opened the country’s mobile payment market to foreign companies in a move intended to encourage innovation and competition, according to a report in Securities Daily.
China’s non-financial ODI maintains strong growth
China’s non-financial outbound direct investment (ODI) maintained double-digit growth in the first two months of the year, official data showed Wednesday. Domestic investors made $16.82 billion of non-financial ODI in 1,429 overseas enterprises in 135 countries and regions for January-February, the Ministry of Commerce (MOC) said.
China’s property development investment sees fast growth
China’s investment in property development expanded 9.9 percent year-on-year in the first two months of this year, up from 7 percent for 2017, new data showed Wednesday.
China’s Belt and Road Enters the Arctic
The Arctic states could find much-needed funding for infrastructure improvements through China’s Belt and Road. Infrastructure is the foundation for economic development. The Arctic is extremely rich in natural resources, accounting for up to 20 percent of Earth’s reserves, while the area is sparsely populated, with only 4 million inhabitants, and with underdeveloped infrastructure.
Premier underlines reform, opening-up, people’s livelihood
Chinese Premier Li Keqiang called for joint efforts to advance reform and opening-up, promote innovation, sustain economic growth and improve people’s livelihood at the ongoing national legislative session Tuesday.
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