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Chinese companies, as well as the government, are showing greater interest in innovation-related projects, he said. The government has already been involved in Hungary's Extreme Light Infrastructure project, which aims to investigate the interactions of light and matter with high intensity, he said. The project is expected to have a significant impact on materials science, medicine and environmental protection.
Chinese banks should make strategic moves for transformation to increase their economic value, said McKinsey & Company in a report on Wednesday.
Chinese internet firm Baidu reported an 82.9 percent net income increase to 4.4 billion yuan (1 million) in the second quarter, which ended June 30, the company announced Thursday.
Chinese companies on the Fortune Global 500 list are located in 28 cities, while 66.7% are concentrated in Beijing, Shanghai and Shenzhen. Compared with ordinary main-board listed companies, Fortune Global 500 Chinese Companies are more concentrated in the national core cities.
Chinese entrepreneur Cho Tak Wong, chairman of Fuzhou-based Fuyao Glass Industry Group — the world's leading supplier of automotive glass — was awarded a letter of commendation by the governor of Ohio, US on Monday for the company's efforts to boost the economy and employment rate of the state.
来源：资阳报