In the next one to two years, an increasing number of Japanese companies are expected to expand business in China, with better profit outcomes in 2018, according to a white paper unveiled on Wednesday in Beijing, by the Japanese Chamber of Commerce and Industry in China.
In the past few years, developing countries have had some achievements, "but at the same time, they still face the problem of insufficient and unbalanced development", he said.
In the past two years, Avia has invested 5 million in China and provided 14 new aircraft to its joint venture, a financial leasing company based in Henan province.
In the third stage, Chinese entrepreneurs began to take the lead globally in innovation in certain areas, such as shared bikes, mobile payments and short video application, he noted.
In the nearby town of Xiejiapu, Kuang Yongli sought help to plow his 20 hectares of land via WeChat. The next day, he had three rototillers running at full steam.
In the past eight years, he donated more than 5,000 milliliters of blood in China, an amount that exceeds the average adult's blood volume.
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In the past 10 years, the China Hearts program has offered free surgeries to more than 1,500 children with congenital heart disease and enabled nearly 1,000 people with cataracts to regain their eyesight.
In the same month, BMW AG and Alibaba announced that they would develop a range of "digitalized experiences for the car and home" for all new BMW models sold in China from the first half of 2018.
In the second quarter the SAR's economy grew only 0.6 percent, compared with the 4.6 percent increase in the same period last year. That the SAR's Purchasing Manager's Index, an indicator of the vitality of the economy, plummeted to a decade low of 43.8 in July means the impacts are structural.
In the same month, China's banking and insurance regulator urged institutions to provide innovative financing products and services to pig farmers, expand the kinds of collaterals, and increase insurance coverage on hogs.