China's high-end manufacturing investment has enjoyed a sound development momentum this year, with investment in high-tech manufacturing and technological transformation becoming the primary drivers of growth in manufacturing investment, said the country's top economic regulator.
Domestic bank card payment giant China UnionPay has received the green light from the country's central bank to conduct bank card clearing businesses
Global membership warehouse club retailer Costco Wholesale Corp is scheduled to open its first brick-and-mortar store in the Chinese mainland on Aug 27, posing a strong threat to Walmart China's cash cow, Sam's Club, in a battle to win over the country's high-end consumers.
Construction on the buildings at Tesla's Shanghai plant has almost completed and the production equipment is being prepared for installation, the auto news website Eelectrek reported on Sunday.
Hundreds of Israeli startups showed their best transport technologies in front of buyers and potential partners from the global automobile industry at a major smart mobility event.
China's auto industry SAIC Motor and Egypt's largest car sales company Mansour Automotive Group signed on Monday in Cairo a joint venture agreement to manufacture MG brand cars in Egypt.
China will remove all access restrictions on foreign investment in areas outside the negative list by the end of this year, as part of the country's overall effort to further open up the economy and pursue high-quality development, the nation's top economic regulator said on Monday.
China's proposed Belt and Road Initiative (BRI) has been creating opportunities for German enterprises, said Hans von Helldorff, speaker of the board of the Federal Association of German Silk Road Initiative (BVDSI), in an interview with Xinhua on Monday.
Source:Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday，China Plus News
Author: Producer Emilio Mendez
Speaker: Caroline Parraguez
Edition: EAcham
