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As China clamps down on pollution, companies such as aluminum producer Novelis Inc see a business opportunity.
As China's continuously improving business environment has provided global companies a fair and open market, an efficient supply chain and a competitive talent pool, foreign direct investment in China increased by 6.3 percent year-on-year to 899.38 billion yuan (7.6 billion) between January and November of this year, according to the Ministry of Commerce.
Apple's flagship store on Tmall, an e-commerce website of Alibaba Group Holding Ltd, said sales of iPhone X on Friday afternoon exceeded the first-day sales of iPhone 7 series within 50 minutes of it becoming available for pre-ordering.
Around 90 companies, both local and international, including Dulwich College Shanghai Puxi, United Overseas Bank and Chinaccelerator participated in the fair, offering more than 200 jobs and showcasing their products and services to the expatriate community in Shanghai.
As China has made headway in reducing overcapacity in the past few years, the steel sector now reports improved efficiency, creating valuable opportunities for enterprises to make great efforts in R&D, innovation and product upgrade.
