BYD Co Ltd, the Chinese new energy vehicle manufacturer, could join the ranks of Global Fortune 500 companies in 2017, as the carmaker has grown rapidly amid the boom in green cars, its top executive says.
It's rare to get an interview these days with Zou Yin, the low-key chief executive of DHL Supply Chain in China. He doesn't grant many. He jokes that only executives on the lookout for a new job offer interviews.
While the Chinese economy has shown signs of stabilizing in the first quarter, analysts warn the stock market may be reaching a seasonal peak.
Overseas insurers are increasingly popping up on the shopping lists of acquisition-minded Chinese companies, whose recent buying sprees globally have driven the country's outbound mergers and acquisitions to a record high.
Chinese insurers saw record growth in premium revenues in the first quarter but their profitability will likely be challenged by the slowing economy and the volatile capital market, the Chinese insurance regulator said on April 26.
Just a few years ago, working on eyewear was all about beauty, fashion and design. Not anymore. Claudio Gottardi, president and CEO of New York-based Marchon Eyewear Inc, sees the future of glasses not just in fashionable design, but also in portable technology.
Wanfeng could acquire advanced welding robot technology through this acquisition, which will be used in the entire vehicle manufacturing process that Wanfeng hasn't tapped into in the past. It is a new business growth point for Wanfeng."
Asia's largest refiner, China Petroleum & Chemical Corp, known as Sinopec, is pushing big into a market-oriented transformation with the launch of the country's largest online industrial supply system on April 18, teaming up with e-commerce giant Alibaba Group Holding Ltd.
WeChat, China's major social networking application, owned by Tencent Holdings Ltd, on April 18 rolled out a separate app targeting enterprise users.
China has emerged as the world's largest cultural goods exporter in value terms in recent years.
Theater production company China Poly Culture Group Corp Ltd is pushing forward agreements in the United States and Europe to introduce Chinese cultural products to Western markets.
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