SOEs are not alone, many global companies such as Germany's Siemens AG restructured five main industrial divisions into three new companies, and Zurich-headquartered ABB Group planned to sell its power grid business to Japan's Hitachi Ltd, last year, in an adjustment to their development strategy.
SEOUL - The Republic Korea and the Democratic People's Republic of Korea (DPRK) on Wednesday started a normal operation of military hotline for direct dialogue between the military authorities.
SAN FRANCISCO - Hundreds of US and Chinese representatives from hi-tech firms met Saturday to exchange expertise in state-of-the-art technology, at an annual forum held at Silicon Valley in San Francisco on the US west coast.
SHANGHAI/HONG KONG-China's State-backed Beijing Automotive Group (BAIC) will take its electric vehicle unit public by injecting it into another listed subsidiary, boosting its financial muscle as the battle for the country's fiercely contested green energy car market heats up.
SHANGHAI - The ongoing novel coronavirus outbreak has dealt a blow to the Chinese economy.
SHANGHAI - China Yangtze Power Co Ltd, the country's largest listed power company, posted a 1.66 percent annual increase in its net profits in 2018, on more electricity sales.
快速seo排行
Russia highly values the relations between the two countries and their militaries and stands ready to improve bilateral military cooperation with China and jointly improve the capability to deal with various security challenges, thus contributing to safeguarding common interests as well as global peace and stability, he said.
Ryan Nance, business development director at the Economic Development Partnership of North Carolina, said that regardless of what happens in Washington, most business people focus on international markets to be successful.
SOEs once played a key role in the China's economy, but they are seen as being bloated in size and inefficient while commanding significant resources, such as land and loans.
SAIC Motor Corporation is stepping up efforts to explore overseas markets and aiming to sell 1 million vehicles outside of China in 2025.