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Category sales have surged about 20 percent annually since 2014 to reach 122 billion yuan (.1 billion) in 2017, confirming the trend of health-related products tasting success in the China market.

Cars are parked in a parking space enabling electronic fee collection on a road in Beijing's Shijingshan district, on July 1, 2019. [Photo/IC]

Centrally administered State-owned enterprises will be encouraged to utilize technologies gained from their battle against the COVID-19 to accelerate the integration between the latest digital solutions and traditional manufacturing, to turn the crisis into an opportunity, senior State assets regulators said on Monday.

Caterpillar plans to continuously promote technological progress, by using a new generation of smart machines and smart solutions to improve the efficiency of large contractors.

Carlyle has been investing about 0 million to billion annually in China, and the new Asia buyout fund will help the firm to increase its investment pace in China, according to David Marchick, managing director and global head of external affairs at Carlyle.