With sales of 12.4 billion euros (.1 billion) in 2019, Covestro's business covers areas such as automotive, construction, wood processing and furniture, and electrical and electronics industries, as well as other sectors that include sports and leisure, cosmetics and healthcare. It has 30 manufacturing sites globally and employed 17,200 people by the end of 2019.
With the industrial application of artificial intelligence, blockchain, big data, cloud computing, Internet of Things and other new IT technologies, digital transformation will become the main theme for all enterprises in the next 10 years, said Liu Bing, president of International Data Group, the US-based owner of PC World magazine as well as market researcher IDC.
With the campaign, the public security situation in Guangdong continued to improve, with the sense of security among the public and business climate further lifted, he said, citing a drop in public security and criminal cases in the province.
With passenger service launched on Aug 3, the Beijing-based group said the expansion project involved construction of 11 buildings including a new terminal, an emergency rescue center and a control tower, all on an area of 28,000 square meters.
With the rapid increase of cross-border online packages, the center will use robots to further improve productivity in the future.
With strengths in finance and professional services, such as law, accounting and management, Hong Kong can help improve professional services in ASEAN and become a base for the Chinese mainland enterprises which plan to explore ASEAN market, he said.
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With improvement in the process yields, YMTC is expected to increase its output to 100,000-150,000 wafers on a monthly basis in 2020, DigiTimes reported.
With the continuous upgrading of technology, accelerated digitalization and continued reform and opening up, China's booming economy will be noticeable to international investors," he added. Since 2018, Chinese authorities have given approval to foreign banks and insurers to set up nearly 100 institutions in China, said Zhou Liang, vice chairman of the China Banking and Insurance Regulatory Commission (CBIRC) at a forum during the CIFTIS.
With the help of two technologies, users can open the locks within seconds by pressing their phones to the device. NB-IoT technology enables the network to have wider coverage and faster speed.
With the goal to register 20,000 new companies each year and reach an annual GDP of 200 billion yuan by 2021, Optics Valley is quickly becoming an influential global high-tech hub, he added.