South Korea planned to expand the so- called "smart factories," or intellectualized and automated production lines, to 10,000 by 2020 with 1 trillion won (about 1 billion U.S. dollars) in financial support, the commerce ministry said Thursday.
Chinese firms are venturing overseas to tap the global market, but many feel shackled due to cultural and financing difficulties, analysts said at an ongoing international forum.
Russia is a global power not a regional one, a senior Russian parliamentarian said Wednesday.
February saw the Renminbi(RMB), or China's yuan, enjoy a record-high activity share on the global foreign exchange markets with 1.42 percent of business, data revealed Wednesday by SWIFT RMB tracker revealed.
Manufacturing is usually slack in early spring, but HuagongTech's workshops are rumbling to meet a big contract for the company's latest laser.
The annual meeting of the World Economic Forum (WEF) concluded here Saturday on a note of cautious optimism about the world economy.
As China's total exports and imports surpassed 4 trillion U.S. dollars for the first time in 2013, recent rates of the Chinese currency against the dollar have hit a new record high, infiltrating six is possible in the very near future.
The year 2013 for China's civil aviation industry was characterized by increasing global integration, and hopes are high that more such international cooperation can cement the sector's emergence on the world stage this year.
The year 2013 for China's civil aviation industry was characterized by increasing global integration, and hopes are high that more such international cooperation can cement the sector's emergence on the world stage this year.
The Philippines is well on its way to achieving its goal of moving to the top third of global competitiveness rankings by 2016, a senior government official said Friday.
The Chinese mainland has 157 billionaires as of 2013, ranking second in the number of billionaires worldwide, a banker said Tuesday.
United Nations Secretary-General Ban Ki-Moon on Tuesday expressed his deep concerns that the current carbon emission-cutting actions are insufficient to combat global warming.
The annual UN climate talks started Monday in Warsaw to pave the way for a new global climate deal setting post-2020 targets on emission cuts, although no major breakthrough were expected.
U.S. Vice President Joseph Biden will visit Japan, China and the Republic of Korea (ROK) early next month to discuss regional and global issues, the White House said on Monday.
The International Monetary Fund (IMF) on Friday assessed the South Korean economy as a safe haven for global investors on the back of the economy's solid fundamentals.
Global think-tank the 21st Century Council will meet in Beijing next month to discuss China's development and role in global governance.
New Zealand Finance Minister Bill English on Thursday defended the government's goal of returning to an operating surplus next year, saying it would help protect the country against ongoing global risks to economic recovery.
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