One of the latest incubators which have settled in is Blackark International Smart Hardware Innovation Center, supported by State-owned enterprise China Electronics Corp, one of the world's top 500 companies.
On the supply side, China has also made substantial adjustments to deal with its overcapacity. Liu deemed China's achievements on the supply front remarkable.
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On the role of Chinese market in GE global strategy, Rice said, "In many aspects, our experience in China made us a better global company."
One example of such partnership is an agreement where the Chinese non-profit group China Craftsmanship will help the Yorkshire-based University of Huddersfield roll out a series of vocational training programs in China next year.
Once the sale is completed later this year Apple will be picking up about 2,200 Intel employees and 17,000 wireless technology patents. Barring any complications, the deal is expected to close sometime between October and December.
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On the product side, Deutsche Bank China has worked closely with regulators in introducing new financial market instruments, and we are widely recognized for some of our industry-leading breakthroughs. We have a strong track record in originating and implementing innovative solutions for our clients, and intend to keep a strong focus on doing so going forward.
Once available, by around 2020, the new trains are expected to promote regional connectivity and create new business for China and overseas economies through the Belt and Road Initiative, Qiao added.
One of the benefits, Cheng points out, is a three-year pilot plan that allows Hong Kong and Macao legal practitioners to obtain the relevant qualifications in the nine Guangdong cities within the Bay Area and set up shop there.
One of its listed companies-China Shipbuilding Industry Co Ltd-published its annual report on April 26, revealing that its annual revenue reached 52.064 billion yuan in 2016 and total profit was 1.094 billion yuan, a big turnaround from the loss of 2.931 billion yuan for the year before.