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Chinese smartphone vendor Oppo said on Tuesday that it will invest 50 billion yuan (.1 billion) over the next three years on research and development, as it aims to boost its technological prowess amid fierce competition in the 5G-enabled internet of things era.
Chinese steelmaker HBIS Group agreed to buy 70 percent of Indian conglomerate Tata Steel's projects in Southeast Asian countries on Monday, which is considered a "smart move" to invest in this regional market by experts.
Citing results from sample surveys and data analysis, the report concluded that the banks' bad loan ratio would remain stable from the second quarter of 2017 to the first quarter next year.
Choosing local suppliers will help carmakers reduce the cost of battery transportation and promoting localization in China, Zhang said.
Chinese tourists across the world are seeking out brands with historical pedigree, from Lancome to Lafayette. But paradoxically at home, they appear reluctant to spend on renowned local brands.
来源：资阳报