BEIJING — Chinese Vice-Premier Zhang Guoqing on Tuesday emphasized the need to deepen the reform of state-owned capital and enterprises, enhance the efficiency of supervision over state-owned capital, and promote the high-quality development of state-owned enterprises (SOEs). Zhang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the…
A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] BEIJING – China will intensify counter-cyclical adjustment of its monetary policy and create a sound monetary and financial environment for stable economic growth and high-quality development, according to Pan Gongsheng, governor of the People’s Bank of China, the central bank.…
With the increasing number of Chinese businesses rushing to adopt new equipment to further reduce carbon emission and boost productivity, Swiss technology company ABB Ltd will focus on developing more customized solutions for local clients, with plans to extend these effective innovations to other parts of the world, according to its senior executives. Speaking at…
A Chinese clerk counts renminbi yuan banknotes in Nantong, East China’s Jiangsu province. [Photo/IC] BEIJING – Local governments are encouraged to use funds from special-purpose bonds to reclaim and acquire idle land to promote the stable and healthy development of the property market, according to a statement published Monday on the website of the Ministry…
Marc Horn, president of Merck China. [Photo provided to chinadaily.com.cn] German sci-tech giant Merck is very optimistic about its prospects in the Chinese market and will continue to strengthen its presence in the world’s second-largest economy through increasing investment and fostering closer collaboration with local partners both on research and manufacturing, said a senior executive…
Marc Horn, president of Merck China. [Photo provided to chinadaily.com.cn] German sci-tech giant Merck is very optimistic about its prospects in the Chinese market and will continue to strengthen its presence in the world’s second-largest economy through increasing investment and fostering closer collaboration with local partners both on research and manufacturing, said a senior executive…
Tetsuro Homma, executive vice-president of Panasonic. [Photo provided to chinadaily.com.cn] Japanese tech company Panasonic Holdings Corp is intensifying efforts to expand its presence in China and push ahead with localization, especially in research and development, as it sees immense growth potential from the country’s rapidly changing consumer market, said a senior company executive. “China is…
Chiesi Group’s headquarters in Parma, Italy.[Photo/China Daily] Taking research and development as its cornerstone and focusing on innovation, Chiesi Group, an Italy-headquartered biopharmaceutical multinational company with nearly 90 years of history, has been dedicated to practicing a sustainable development strategy and made great strides in its sustainability initiatives, contributing to the prosperity of Sino-Italian medical…
Chiesi Group’s headquarters in Parma, Italy.[Photo/China Daily] Taking research and development as its cornerstone and focusing on innovation, Chiesi Group, an Italy-headquartered biopharmaceutical multinational company with nearly 90 years of history, has been dedicated to practicing a sustainable development strategy and made great strides in its sustainability initiatives, contributing to the prosperity of Sino-Italian medical…
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