Roland Berger has a similar estimate for this year, but the German consultancy expects a V-shaped rebound and a growth rate of around 3 percent in the long run for China's auto market.
Ripert said France and China have a very good cooperative relationship on the basis of mutual respect.
Royal DSM, a Dutch multinational specializing in nutrition, health and sustainable living, said it will further invest in its facility in Shunde, Guangdong province, as demand for more environmentally friendly products keeps growing in China's coatings industry.
Rodman Philbrick
Rising economic driver
Rupert said: "The average wealth of China's Top 1,800 individuals reached .4 billion. The list is a snapshot of the private sector on the occasion of the 70th anniversary of the People's Republic of China. The stories of these people tell the story of the Chinese economy."
大连搜索引擎优化排名
Reuters reported earlier this month that the Defense Department was working with other agencies to determine whether to add SMIC to the Commerce Department's so-called entity list, which would force US suppliers to seek hard-to-get licenses before shipping to the company. Shares of the company plunged by nearly a quarter on the news.
Retail group Suning provides similar privileges to customers, no matter whether they buy goods at its online platform or offline shops. In addition, the company has launched a "big data sharing" program that will optimize data sharing with factories at every level of the supply chain, the Beijing Morning Post said, quoting Hou Enlong, president of Suning's e-commerce platform.
Rongqiao Group Co Ltd, a Fujian province-based private conglomerate, plans to invest .32 billion in the healthcare sector in the mid to long-term, in a bid to offer high-quality services to Chinese patients, company executives said.
Reuters reported that US President Donald Trump said on Sunday that he had spoken with Apple CEO Tim Cook, where Cook "made a good case" that tariffs could hurt Apple.