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BOCOM International Strategist & Head of Research Hong Hao, however, said Xiaomi's valuation may be too high for the market to absorb the mega-sized deal, especially given that the city's equity market has suffered a monthslong liquidity crunch.

BEIJING-- China's industrial capacity utilization rate stood at 74.4 percent in the second quarter of 2020, rising 7.1 percentage points from the first quarter as the country has been resuming work and production, official data showed Thursday.

BERLIN - Organizing this year's China International Import Expo (CIIE) is of particular significance against the backdrop of the COVID-19 pandemic, said BMW China chief Jochen Goller in a recent written interview with Xinhua.

BEIJING -- The Chinese mainland resolutely opposes any official contact between the United States and Taiwan, said Ren Guoqiang, spokesperson of the Ministry of National Defense Thursday.

BOE expects to ship about 90 million AMOLED display screens per year, while its Mianyang's new line is slated to start production by 2019.