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China has ambitious plans for urbanization, and elevators will play an important part, said Hiesinger, adding that this means a "tremendous growth market."
China has no worry of falling into a state of stagflation — economic growth stagnation plus high inflation — amid improving growth-related indicators in August, the National Bureau of Statistics said on Friday.

China has been gradually opening up its financial sector, with authorities pledging to ease caps on foreign ownership in Chinese banks and financial asset management companies.
China has begun the revision of its negative list for foreign investment and will continue to carry out test programs for further opening-up in free trade zones, Ning said.
China has conducted road tests in a number of its municipalities and provinces, including Beijing, Shanghai, Chongqing and Guangdong. But even on the global scale, autonomous driving testing is in its infancy, with multiple players engaged in various tests based on different technical standards and driving conditions.
来源:资阳报