Sales of Kweichow Moutai, which is rated as the high-end baijiu with its wholesale price between 1,750 yuan and 1,800 yuan per bottle, overtook that of all other brands as the supply could not meet consumer demand at some places.
SPIC's overseas expansion is consistent with the growing trend of Chinese energy companies buying Latin American assets across fields like logistics, services and telecommunications. State Grid Corporation of China, the world's largest power company by power generation capacity, said earlier it plans to buy a Chilean electricity network company for 2.57 billion euros ( billion).
Scientists from the University of Melbourne's Peter Doherty Institute for Infection and Immunity published their findings on Tuesday, which they hope will help with the diagnosis and treatment of patients.
Samsung Electronics Co Ltd unveiled a super-high-end smartphone in China by partnering with the country's major telecom carrier, China Telecommunications Corp, to target business professionals.
Sales in the chocolate and confectionery industry declined during the Spring Festival holiday and Valentine's Day this year because of the global outbreak of COVID-19, but major industry players believe the domestic consumption market will regain its old vigor after the outbreak is brought under control.
Sabina Alkire, director of Oxford Poverty and Human Development Initiative (OPHI), said that China's government-led fight against poverty is a good example to the developing world as China's anti-poverty struggle is on a village-to-village, country-to-county, and district-to-district basis, making the country's poverty reduction more efficient.
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Sanofi – the world's leading healthcare company – has recently announced the launch of the Sanofi China Health Road Project.
Santa Monica, California-based?DualSpark, which helps companies move onto Amazon Web Service, has been working with Datapipe since earlier this year.
Sales of e-cigarettes in China reached 3 billion yuan in 2016, a fourfold increase from the previous year. According to the report, China is the largest producer of both cigarettes and e-cigarettes. It exported 90 percent of its e-cigarette products.
SPIC also has reserved several project sites in both inland and coastal areas of China.