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German insurance group Allianz SE is the latest foreign insurer that has submitted the application to set up a wholly foreign-owned insurance group in China, according to the Shanghai Financial Services Office, the city's financial authority.

Georg Schuette, state secretary of the German ministry, noted that China and Germany have engaged in many fruitful collaborative scientific projects at various levels over the past few decades.

Girls from ethnic groups get a real opportunity thanks to vision and determination of school professionals.

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Gary Montgomery, CEO of Thompson Aero Seating, a major ACS supplier of first-class and business class seats based in Belfast, Northern Ireland, said the establishment of ACS will help create synergy across cabin companies and provide better products and services to global customers, noting that he is optimistic about the prospects for ACS.

German numerical control machine manufacturer Grob showcases its products and technologies at an industrial exhibition in Shanghai in April. [Photo/China Daily]

Geely said in a news release that it will make every effort to enhance the market competitiveness of Proton and Lotus and to foster the revival of the two brands.

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Global air delivery titan FedEx sees the Asia Pacific as the global center of e-commerce trade. Regional president Karen Reddington tells Edith Lu the group aims to give enterprises a competitive edge with shorter transit time for their goods.

Georgia audit to trigger hand recount of presidential vote - World - Chinadaily.com.cn

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General trade, which represents a longer production chain and higher added-value as the key indicator of a country's foreign trade competence, decreased by 4.7 percent year-on-year in the first five months. However, it accounted for 59.9 percent of the country's total trade, 0.1 percentage points higher over one year ago.

George Xu, CEO of Airbus China, said: "The expo gives the international community a sense of China's solid efforts to open its market and share opportunities. At a time of rising protectionism, China's sincerity is unmistakable."