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Chinese home appliances giant Haier Group is building a washing machine plant in Hefei, the capital of East China's Anhui province, that can produce three million units every year.
Chinese authorities have also urged local officials to help foreign-funded companies with work resumption and operation, with eastern China's Shandong province rolling out a raft of measures like tax relief and deferring social insurance payments.
Chinese home appliances maker Midea Group acquired Kuka earlier this year. The two companies are making steady progress in deepening product cooperation, Reuter said.
Chinese major e-commerce platforms continued to break records in online sales during this year's June 18 shopping festival from June 1 to 18. JD said sales for the 18-day festival period hit a staggering 201.5 billion yuan, compared with 159.2 billion yuan in 2018.
Chinese corporate leaders attending the forum include Jack Ma, chairman of e-commerce giant Alibaba Group, and Wang Jianlin, chairman of Wanda Group, the commercial property giant.
