With Carlyle's help, Haier Electronics' parent company Haier Group formed a strategic partnership with Alibaba Group in 2013, whereby Haier Electronics provided users of Alibaba's e-commerce platform with last-mile delivery and installment services for bulky products.
William McNabb, CEO of Vanguard, said the firm plans to triple its staff in Shanghai to 15 by the end of this year.
With both its past and present dependence on labor-intensive industries such as apparel and toys, the city in recent years quickened its pace to move up the industrial chain and by 2021, it aims to increase the value added of high-end manufacturing to more than 300 billion yuan (.9 billion).
With annual production capacity of 12,000 units, the factory potentially provides more impetus for the country's digital endeavors to improve one of the lowest internet connectivity rates in the world.
White House Press Secretary Sean Spicer speaks during a press briefing at the White House in Washington, US, April 11, 2017. [Photo/Agencies]
With 219 systems, the nation tops the supercomputer list and accounted for 43.8 percent of the world's total, followed by the United States with 116 and Japan with 29.
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Wholesalers have low inventories and demand is strong, Yang added.
With China desperate to increase supplies to guarantee future food and energy security, it promised in 2015 to make significant improvements in its major waterways and curb untreated wastewater from highly polluting sectors like mining, steelmaking, textiles, printing and oil refining.
Winner - "Biogas Vitality" project by North China Electric Power University (Baoding). The biogas vitality project focuses on developing an efficient disposal method of animal dung for dairy farm owners. Due to the lack of management for biogas tanks, this caused instability in traditional biogas generators which limited the output of electrical energy in the dairy farms. Consequently, it led to piles of animal dung left around the farms and huge wastage of biogas.
With cargo trains shipped to Australia, tunnel-boring equipment delivered to Turkey and vehicles sent to Russia, Saudi Arabia and Chile, China's State-owned enterprises have been racing to ensure their exports and supply chains remain robust following recent novel coronavirus-related stoppages.