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The company operates business in more than 26 countries and regions, produces 40 million tons of steel annually, and has established a globalized value chain, which is a reflection of the success of Chinese steel industry, she said.

The company's sales revenue in China grew by 18 percent in the first quarter of this year.

The competition, which runs through Tuesday, features 1,355 contenders from 69 countries and regions. This year's competition is expected to be the largest World-Skills competition ever held.

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The company, however, gradually shifted to an intensive one and stuck to building an ecological plant with the state-of-art technology.

The company said Wednesday it plans to double its Portland workforce with the new downtown office. The new roles will be in operations, software engineering, product management, and other tech fields. Amazon has more than 3,500 employees throughout Oregon.

The company, established in 1970, is now a leading developer and producer of electronic components and high-end materials, with its portfolio of products covering areas such as cellphones, telecommunications, machinery and new energy.

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The company said it will establish a global platform for investment banking, trading and execution and investment services centering on New York, London, Singapore and Hong Kong.

The company said it will upgrade the research and development facility in Bangalore with a focus on creating intelligent and safe vehicles for Indian consumers while continuing to increase investment in local R&D, production, supply and sales, making India a base for exports to neighboring countries.

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The competition to spend time in an advanced lab is furious, because you need to compete with rivals from all over the world. "The chance for the best groups to get access to an advanced lab is less than one third, so we will pour ourselves in if we get the chance," the professor said.

The company is also engaged in livestreaming, a popular marketing approach in China by having a dedicated host interact with prospective buyers in real time. Chen said gross merchandise volume generated from such channels could amount to 30 million yuan per month.