An international service trade fair is scheduled to open next week in Beijing, with participants from 120 countries and regions.

China is seeking to bring various financial institutions, international enterprises and funding sources together to get projects rolling in economies involved in the Belt and Road Initiative, said senior executives at Standard Chartered Bank.

Swiss food and nutrition giant Nestle announced on May 16 the partnership with technology firm Xiaomi to support health through technology and explore digital nutrition to tap the increasing demands from the ageing population in the country.

The East China city of Hangzhou plans to build 50 public battery swap stations and 3,000 charging piles by 2020 to speed up adoption of new energy vehicles (NEVs). 

China’s foreign direct investment into high-tech industry surged 20.2 percent year-on-year in the first four months this year, official data showed on Thursday.

China’s foreign trade development is expected to further stabilize and improve in 2018, the Ministry of Commerce (MOC) said Thursday.

Alibaba Group Holding Ltd is spreading its wings further into South Asia by acquiring the region’s largest e-commerce platform.

China’s leading electric vehicle maker BYD Co Ltd on Tuesday signed a contract for 500 electric dump trucks for construction companies in Shenzhen, Guangdong province, marking its largest sales order of its kind.

Despite a shaky global recovery and rising trade protectionism, the Asian economy will maintain robust growth in the upcoming years, as countries in the region deepen economic cooperation and benefit from the Belt and Road Initiative, renowned economists and officials recently said at the Boao Forum for Asia annual conference.

China’s economy grew at an annual pace of 6.8% in the first quarter compared to the same period last year, according to official data, beating forecasts for the period.