China needs a better soft environment and a more mature capital market to support the development of high-tech industries and accelerate its economic restructuring, said Fred (Zuliu) Hu, former top Asian executive at Goldman Sachs, at a Shenzhen forum.
This year's China Hi-Tech Fair (CHTF), which kicked off on Nov 16 and will go until Nov 21, is seeing companies focus more on exhibiting environment-friendly technologies as China steps up efforts to promote a “low-carbon” economy and encourage green innovations.
Microsoft's MSN China on Thursday signed an agreement with top Chinese portal Sina Corp, helping users of both companies to link their Internet accounts.
Sources at ZTE Corporation, a leading Chinese telecommunications-equipment maker, have confirmed the ZTE Peel sleeve for the iPod Touch will debut in the United States on Sunday.
Multinational conglomerate General Electric (GE) said on Tuesday it will invest more than $2 billion through 2012 in China to set up joint ventures with Chinese companies and expand its innovative capacity in the country.
A recent survey by the American Chamber of Commerce in Shanghai shows that 28 percent of all multinational corporations that responded to its questions are considering relocating or expanding some operations from the south and east of China, up from 17 percent in 2008.
China Hi-Tech Fair (CHTF), the nation's largest technology show, will highlight new and emerging industries this year in attempt to address community demands for industrial transformation.
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