Given China’s high percentage of internet users, coupled with the fact that tech-savvy millennials represent a large share of the current workforce, adoption of new technology is likely to be swift.
Given the robust growth in China, Lancome will roll out products tailor-made for Asian consumers in 2020 and is likely to introduce product lines specially made for Chinese consumers in the near future, she said.
Global insurance leaders account for 50 to 80 percent of the market share in countries like the Philippines, Malaysia and Singapore. They only take up 8 percent of the market share in China.
German automakers are welcome to invest in China, which has lowered the shareholding ratio for foreign companies in new energy vehicles, he said.
Gilead says the drug has improved outcomes for people suffering from the respiratory disease and has provided data suggesting it works better when given in the early stages of infection.
George W. Bush attended the Asia-Pacific Economic Cooperation Leaders' Meeting in Shanghai in 2001 and made three other trips, in 2002, 2005 and 2008. In his 2005 visit, he took a bicycle ride, in memory of his youth, when he rode across Beijing in 1975 to visit his parents, who worked in the Chinese capital.
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Global smartphone sales will remain weak for the rest of the year, Gartner said. In 2019, global smartphone sales will reach 1.5 billion units.
German marque sees off rivals as fight for market dominance goes down to the wire, Li Fusheng reports.
German industrial conglomerate Siemens AG will establish an office in Beijing for businesses related to the Belt and Road Initiative, further intensifying company-wide efforts to continue teaming up with both Chinese and global partners, according to a senior executive.
Geng added that GE has also argued the engines have been on the ground in China for years, meaning there is no reason for China to wait until now to begin the reverse-engineering if it had wanted to do so.