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China International Capital Corp said in a report that many owners would replace their old equipment with new machines this year. "The demand for excavator replacement would reach 140,000 units," the report said.
China Daily spoke to Rondolat about the firm's growth strategy in China, product debuts and its participation in the second CIIE.
China Mobile on Thursday announced it would establish an IoT alliance in cooperation with nine partners, including Alibaba Group Holding Ltd, Huawei Technologies Co, Qualcomm Inc and Haier Group, in a move to establish an open and sharing IoT industry ecosystem.
China Southern announced on Thursday it would not renew its SkyTeam membership when it expires on Jan 1 next year "based on the needs of the company's development strategy and to better align with the new trend of cooperation in the global aviation industry".
China aims to make breakthroughs in high value-added products like the next-generation numerical control machines, large passenger jets, sensors and industrial software, to improve its capability in key manufacturing technologies so as to compete with established global rivals, said senior officials on Friday.
来源：资阳报