People must acquire this skill somewhere.
人们必须从某个地方获得这种技能。
Pury also believes that people can acquire courage.
普里还认为,人可以获得勇气。
I hadn't then begun to acquire a middle-aged spread.
那年月我还不象一般中年人那样开始发福。
In 2018, Bu highlighted the challenges of safe power usage to the Siyang power supply branch of the State Grid, and helped acquire a support fund of 1.2 million yuan from the company.
2018年,布向国家电网泗阳供电分公司强调了安全用电的挑战,并帮助该公司获得了120万元的支持资金。
"There is a fundamental shift from degree-based education to skill-based education, where people are eager to acquire and develop specific skills that are relevant to the rapidly changing demands of various industries," he said.
他说:“从基于学位的教育向基于技能的教育发生了根本性转变,人们渴望获得和发展与各个行业快速变化的需求相关的特定技能。”。
However, Li noted that in the long run, having difficulties in acquiring the most advanced chips inevitably will have an impact on the pace of AI development in China, and therefore Baidu is proactively seeking alternatives.
然而,李指出,从长远来看,难以获得最先进的芯片不可避免地会影响中国人工智能的发展步伐,因此百度正在积极寻求替代方案。
Leading domestic dairy producer Junlebao Dairy Group has expanded its reaches into the on-premise yogurt market by acquiring 30 percent of More Yogurt, a chain freshly made yogurt store operator.
国内领先的乳制品生产商君乐宝乳业集团收购了新鲜酸奶连锁店More yogurt 30%的股份,扩大了其在现场酸奶市场的影响力。
The Junlebao Dairy Group will invest to acquire 30 percent of the shares of More Yogurt, and the two parties will also carry out collaborations in many fields such as raw material supply, product research and development, food safety, and operation management, said the company.
该公司表示,君乐宝乳业集团将投资收购More Yogurt 30%的股份,双方还将在原材料供应、产品研发、食品安全和运营管理等多个领域开展合作。
China Petroleum & Chemical Corp, China's largest oil refiner, said on Tuesday that it planned to become part of the largest polyethylene project in Kazakhstan by acquiring a 30 percent stake of Kazakhstan's national oil and gas company KazMunayGas JSC, also known as KMG.
中国最大的炼油商中国石油化工集团公司周二表示,计划通过收购哈萨克斯坦国家石油和天然气公司KazMunayGas JSC(也称为KMG)30%的股份,成为哈萨克斯坦最大聚乙烯项目的一部分。
HSBC China announced on Monday that it has reached an agreement with Citi China to acquire the latter's consumer wealth management business, a move seen as a boost HSBC's investment in China.
汇丰中国周一宣布,已与花旗中国达成协议,收购后者的消费者财富管理业务,此举被视为推动了汇丰在中国的投资。
Running four plants in China, the Finland-based firm said many opportunities are driven by shipowners' needs to acquire new and advanced ships to comply with International Maritime Organization regulations aimed at reducing carbon emissions within the global shipping industry.
这家总部位于芬兰的公司在中国经营着四家工厂,该公司表示,许多机会都是由船东需要购买新的和先进的船舶来满足国际海事组织旨在减少全球航运业碳排放的规定所驱动的。
An analyst said major oil and gas companies in China have been expanding domestic production in recent years while acquiring interests in oilfields elsewhere, as the country has been bolstering energy security by diversifying procurement.
一位分析师表示,近年来,中国的主要石油和天然气公司一直在扩大国内产量,同时收购其他地方油田的权益,因为中国一直在通过多样化采购来加强能源安全。
Under the deal, Shein will acquire about a third of Sparc and the latter will also take a minority stake in Shein.
根据该协议,Shein将收购Sparc约三分之一的股份,后者还将持有Shein的少数股权。
The move followed an announcement given at the end of 2022, when Swire planned to acquire the remaining 50 percent interest in the development from Sino-Ocean Group, the property developer on the mainland.
此前,太古集团于2022年底宣布,计划从大陆房地产开发商远洋集团收购该项目剩余50%的股权。
European aircraft manufacturer Airbus has again raised its forecast for aircraft demand in China, saying that over the next 20 years, Chinese carriers are expected to acquire 9,440 new airplanes to meet expanding commercial air travel demand.
欧洲飞机制造商空中客车公司再次上调了对中国飞机需求的预测,称在未来20年,中国航空公司预计将采购9440架新飞机,以满足不断扩大的商业航空旅行需求。
"We take all of the innovations from inside that we develop and the innovations that we acquire.
“我们开发的所有创新和获得的创新都来自内部。
Dada Auto, a wholly owned subsidiary of NaaS, has entered into an agreement to acquire 89.99 percent of issued and outstanding shares of Sinopower HK on June 12, a significant step in NaaS' business expansion.
NaaS的全资子公司达达汽车已于6月12日签署协议,收购中电香港89.99%的已发行和流通股,这是NaaS业务扩张的重要一步。
Food-delivery giant Meituan has jumped onto the bandwagon of ChatGPT by acquiring its co-founder's artificial intelligence startup Light Year.
送餐巨头美团收购了其联合创始人的人工智能初创公司Light Year,加入了ChatGPT的行列。
CNPC will also acquire a 1.25 percent share in the expansion of Qatar's North Field East LNG project, CNPC said in a statement on Tuesday.
周二,中国石油天然气集团公司在一份声明中表示,中国石油集团公司还将在卡塔尔North Field East液化天然气项目的扩建中获得1.25%的股份。
"From the beginning, e-commerce has been a pivotal channel for us to build brand awareness, cultivate community, and reach and acquire new guests," he said.
他说:“从一开始,电子商务就一直是我们建立品牌知名度、培养社区、接触和获取新客户的关键渠道。”。
Aramco said on Monday that its wholly-owned unit Aramco Overseas Co will acquire a 10 percent stake in Shenzhen-listed Rongsheng Petrochemical Co Ltd for 24.6 billion yuan, which is expected to expand its downstream presence in China.
阿美石油公司周一表示,其全资子公司阿美海外公司将以246亿元人民币收购深圳市荣升石化有限公司10%的股份,预计这将扩大其在中国的下游业务。
Infineon recently disclosed an $830 million deal to acquire Ottawa-based chip designer GaN Systems in a move to boost its product portfolio and "strengthen its leadership" in the power systems area.
英飞凌最近披露了一项8.3亿美元的交易,将收购总部位于渥太华的芯片设计师GaN Systems,以扩大其产品组合,并“加强其在电力系统领域的领导地位”。
"The burgeoning of the sector offered a foundation for cosmetics companies such as Proya and Shiseido to enter the biotech industry, as currently, the production technology is mature and cosmetics companies do not need to spend a great deal of money to purchase listed companies to acquire the technology," Zhao said.
赵说:“该行业的蓬勃发展为Proya和资生堂等化妆品公司进入生物技术行业奠定了基础,因为目前生产技术已经成熟,化妆品公司不需要花大量资金购买上市公司来获得技术。”。
More than half of the interviewed companies going overseas do so to absorb overseas resources and experience, and acquire leading technologies and top talent, which support their cutting-edge innovations.
超过一半的受访企业出国是为了吸收海外资源和经验,获得领先的技术和顶尖人才,从而支持其前沿创新。
"As Chinese enterprises accelerate their globalization process, one of their key focuses is how to attract, acquire and manage the distributed international workforce," Zhang said.
张说:“随着中国企业加快全球化进程,他们的重点之一是如何吸引、获取和管理分散的国际劳动力。”。
Wang Yanan, editor-in-chief of Aerospace Knowledge magazine, said: "Mass production of the C919 will help the Chinese aviation industry to be involved in the world's supply chain for large aircraft, and China will be able to acquire valuable experience.
《航空航天知识》杂志主编王亚男表示:“C919的量产将有助于中国航空业融入世界大型飞机供应链,中国将能够获得宝贵的经验。
Xia Qinglong, executive director of CNOOC, said acquiring additional interests in the Buzios oilfield further expands the company's presence in Brazil's deepwater pre-salt region, home to bountiful oil and gas resources.
中海油执行董事夏庆龙表示,收购布齐奥斯油田的额外权益进一步扩大了该公司在巴西深水盐前地区的业务,该地区拥有丰富的石油和天然气资源。
In the third quarter, foreign enterprises' satisfaction ratings on market access, promoting market competition, obtaining business premises and acquiring financial services increased by 1.99, 1.84, 1.52, and 1.43 percentage points, respectively, compared with the second quarter, the survey showed.
调查显示,第三季度,外国企业对市场准入、促进市场竞争、获得经营场所和获得金融服务的满意度分别比第二季度上升1.99、1.84、1.52和1.43个百分点。
In 2010, Midea invested $57.48 million to acquire a 32.5 percent stake in Egypt's major air conditioner supplier Miraco to become the company's second-largest shareholder.
2010年,美的投资5748万美元收购了埃及主要空调供应商Miraco 32.5%的股份,成为该公司的第二大股东。
Meanwhile, BOE will acquire more stable shipment channels and customer resources, as well as expand its footprint in the supply chain of smartphones, he added.
同时,京东方将获得更稳定的出货渠道和客户资源,并扩大其在智能手机供应链中的足迹,他补充道。
In Q3, foreign enterprises' satisfaction ratings on market access, promoting market competition, obtaining business premises, and acquiring financial services increased by 1.99, 1.84, 1.52, and 1.43 percentage points, respectively, compared with the second quarter, the survey showed.
调查显示,第三季度,外国企业对市场准入、促进市场竞争、获得经营场所和获得金融服务的满意度分别比第二季度提高了1.99、1.84、1.52和1.43个百分点。
The French company, which has been operating in the Chinese mainland for 25 years, said Chinese consumers are increasingly eager to acquire higher quality luxury products, and both male and female Generation Z consumers — those born in the late 1990s or early this century — want the newest and coolest things.
这家在中国大陆经营了25年的法国公司表示,中国消费者越来越渴望获得更高质量的奢侈品,Z世代的男性和女性消费者——出生于20世纪90年代末或本世纪初的人——都想要最新、最酷的东西。
The comments came after the German media quoted sources stating that the German government plans to approve Silex Microsystems AB, a Sweden-based wholly subsidiary of Sai MicroElectronics, to acquire Germany company Elmos Semiconductor SE's auto chip line in Dortmund in the upcoming weeks.
此前,德国媒体援引消息人士的话称,德国政府计划在未来几周内批准赛微电子的瑞典全资子公司Silex Microsystems AB收购德国Elmos Semiconductor SE公司在多特蒙德的汽车芯片生产线。
The Chinese company was to acquire a minority share of 35 percent in CTT.
这家中国公司将收购CTT 35%的少数股权。
The German cabinet agreed to allow CSPL to acquire a 24.9-percent stake instead of the initially planned 35 percent in the container terminal Tollerort in Hamburg in northern Germany.
德国内阁同意允许CSPL收购德国北部汉堡集装箱码头Tollerort 24.9%的股份,而不是最初计划的35%。
HHLA and CSPL had signed an agreement in September last year in which the Chinese company would acquire a minority share of 35 percent in Container Terminal Tollerort.
HHLA和CSPL于去年9月签署了一项协议,根据该协议,这家中国公司将收购Tollerort集装箱码头35%的少数股权。
She also noted that China's huge number of consumers and the market size are a blessing for innovation, which promises sufficient returns to cover the costs of either acquiring foreign technology or undertaking a cumulative learning process to catch up with foreign frontier technologies.
她还指出,中国庞大的消费者数量和市场规模是创新的福音,创新承诺有足够的回报来支付获得外国技术或进行累积学习以赶上外国前沿技术的成本。
British footwear brand Clarks is close to being acquired by Viva China Holdings Ltd, the major shareholder of Chinese sportswear group Li-Ning Co Ltd. Viva said in an announcement that its extraordinary general meeting on Wednesday approved the Clarks deal and it expects to acquire up to 51 percent of the latter for 840 million yuan ($125 million).
英国鞋类品牌Clarks即将被Viva中国控股有限公司收购。Viva中国是中国运动服装集团Li-Ning Co有限公司的主要股东。Viva在一份公告中表示,其周三的特别股东大会批准了Clarks的交易,预计将以8.4亿元人民币(1.25亿美元)收购后者51%的股份。
Viva China and private equity firm Lion Rock Capital invested in Clarks' parent company, acquiring a 51 percent stake in Clarks for 100 million pounds ($121.13 million), making it Clarks' largest shareholder, according to a previous announcement by the company.
根据Clarks之前的一份公告,Viva China和私募股权公司Lion Rock Capital投资了Clarks的母公司,以1亿英镑(1.2113亿美元)收购了Clarks 51%的股份,成为Clarks的最大股东。
SK hynix closed the first phase of the transaction to acquire Intel's NAND and solid-state drive (SSD) business at the end of 2021, taking over Intel's SSD business and the Dalian NAND flash manufacturing facility.
SK海力士于2021年底完成了收购英特尔NAND和固态驱动器(SSD)业务的第一阶段交易,接管了英特尔的SSD业务和大连NAND闪存制造厂。
The world's richest person and CEO of electric-vehicle company Tesla clinched a deal to acquire the company for $44 billion in cash.
这位世界首富兼电动汽车公司特斯拉的首席执行官以440亿美元现金收购了该公司。
Last year, the company announced its completion of the Airbus A320 neo and the Boeing 737 MAX FFS, making it the first and the only company in China to acquire an extensive full life cycle experience on the research, development and engineering of the major narrow-body level D FFS-both for the Airbus A320 and Boeing 737 MAX, said CAAC News, a newspaper under the China Aviation Administration.
中国航空局旗下报纸《中国民航新闻》称,去年,该公司宣布完成空客A320 neo和波音737 MAX FFS的研制,这使其成为中国第一家也是唯一一家在空客A320和波音737 MAX的主要窄体级D FFS的研发和工程方面拥有丰富全生命周期经验的公司。
- As the Beijing Winter Olympics wraps up, the craze for acquiring a Bing Dwen Dwen, the panda mascot for the games, has persisted, now expanding into the digital art market supported by blockchain technology.
-随着北京冬奥会的结束,购买奥运会熊猫吉祥物冰墩墩的热潮持续存在,目前正扩展到区块链技术支持的数字艺术市场。
"A key lesson is that a brand will be able to acquire new customers constantly as long as the product is good enough," Mao said.
毛说:“一个重要的教训是,只要产品足够好,一个品牌就能够不断地获得新客户。”。
Located in the same center, Airbus' subsidiary Satair will acquire aging aircraft and then trade and distribute the resulting used parts to complete the full scope of life cycle services.
位于同一中心的空客子公司Satair将收购老化的飞机,然后交易和分销由此产生的二手零件,以完成全方位的生命周期服务。
The metaverse refers to a shared virtual environment in which technologies like virtual reality and augmented reality are combined to create a virtual presence – in other words, the Web, which has so far tended to be flat in its largely 2D format, will acquire additional dimensions or layers that will make it richer and more immersive.
元宇宙指的是一个共享的虚拟环境,在这个环境中,虚拟现实和增强现实等技术被结合在一起,创造一个虚拟的存在——换句话说,到目前为止,网络在很大程度上是2D格式的,它将获得额外的维度或层次,使其更加丰富和身临其境。
Competition in China's digital payment market is set to intensify as Bilibili, a popular online videosharing and entertainment platform, has obtained a payment license after acquiring a majority stake in an online payment company, industry experts said on Tuesday.
行业专家周二表示,随着流行的在线视频共享和娱乐平台哔哩哔哩在收购一家在线支付公司的多数股权后获得支付许可,中国数字支付市场的竞争将加剧。
As livestreaming e-commerce has been gaining traction in China since the outbreak of COVID-19, short video platforms have accelerated efforts to acquire online payment licenses and roll out self-owned e-payment services, as part of a broader drive to build closed-loop e-commerce businesses.
自新冠肺炎爆发以来,随着直播电子商务在中国越来越受欢迎,短视频平台加快了获取在线支付许可证和推出自有电子支付服务的步伐,这是建立闭环电子商务业务的更广泛努力的一部分。
Home appliance giant seeks to acquire Siemens unit for global expansionChinese home appliance giant Hisense Group plans to buy Siemens' Intelligent Traffic Systems, which provides solutions for effective road traffic management, for nearly $1 billion, people familiar with the matter told China Daily on Wednesday.
知情人士周三对《中国日报》表示,中国家电巨头海信集团计划斥资近10亿美元收购西门子的智能交通系统公司,该公司为有效的道路交通管理提供解决方案。
"Hisense has been engaged in the intelligent transport segment for over 20 years, and acquiring Siemens' traffic management business will further help Hisense expand its presence in the global market," said Zhao Meimei, assistant president of market consultancy All View Cloud.
“海信在智能交通领域已经有20多年的历史,收购西门子的交通管理业务将进一步帮助海信扩大其在全球市场的影响力,”市场咨询公司All View Cloud的助理总裁赵美美表示。
MBK Partners decided on Feb 1 to acquire all the shares of CAR Inc held by UCAR Inc, another Chinese car rental company, at a price of HK$4.00 per share.
MBK Partners于2月1日决定以每股4.00港元的价格收购另一家中国汽车租赁公司UCAR Inc持有的CAR Inc的所有股份。
MBK Partners' latest move in China is to acquire nearly half of the 11 theme parks owned by Haichang Ocean Park, a Hong Kong-listed hospitality group.
MBK Partners在中国的最新举措是收购香港上市的酒店集团海昌海洋公园旗下11个主题公园中的近一半。
Meanwhile, the collaboration with two local companies-medical technology enterprise Chic Health and corporate consulting provider Huijiu-will help talents from both sides acquire diversified techniques in a rapid manner, the company said.
同时,该公司表示,与当地两家公司——医疗科技企业奇科健康和企业咨询提供商惠久的合作将帮助双方的人才快速获得多样化的技术。
Haichang Ocean Park Holdings Ltd announced on Monday that private equity firm MBK Partners has agreed to acquire Haichang assets for 6.53 billion yuan ($1.01 billion), as the hospitality company takes steps to cut its debt.
MBK Partners will acquire four existing ocean theme parks from Haichang, namely, in Wuhan, Hubei province; Chengdu, Sichuan province; Tianjin; and Qingdao, Shandong province, as well as one still under construction in Zhengzhou, Henan province.
This comes after Chinese battery maker Contemporary Amperex Technology Co Ltd last month agreed to acquire Canada's Millennial Lithium Corp in an all-stock cash deal worth $302.33 million to help the battery giant secure key resources for its long-term development of NEVs.
Zijin has agreed to acquire all of the shares of Neo Lithium for C$6.50 ($5.22) per share in cash.
An analyst said Zijin Mining has been acquiring offshore assets to boost its output and diversify from gold operations in recent years, and its acquisition of lithium shows the company's move to new energy materials in order to benefit from the strong growth of electric vehicles.
Fabrizio Chines, SIFI's chairman and CEO, said it is vital for patients to choose the best treatment solutions and lens options to acquire clear sight.
Over the next 20 years, Chinese carriers are expected to acquire 8,700 new airplanes, accounting for 20 percent of the total worldwide, the US aircraft manufacturer said in its latest forecast for commercial air traffic and plane demand.
The decision means the plan by Blackstone Group to acquire a controlling stake in SOHO China for some $3 billion will not go through, less than three months after the decision was announced.
Beijing-based SOHO China said in June that US private equity giant Blackstone Group plans to acquire a controlling stake in the company for around $3 billion.
US private equity giant Blackstone Group announced its plan to acquire a controlling stake of SOHO China for some $3 billion in June.
After the combination, Veolia will acquire most of Suez's solid waste business in the Chinese mainland and all businesses in Hong Kong, Macao and Taiwan.
The Beijing-headquartered developer said in a recent announcement that the State Administration for Market Regulation has scrutinized the proposed plan of US investment firm Blackstone to acquire a majority stake in SOHO.
Wang said the R&D cost of a cancer drug can be more than $1 billion, and the clinical research period can be years, during which an important process is to acquire genomic information.
"During the process of gene sequencing, we acquire great amounts of genomic information, which doesn't specifically target one certain drug and satisfy pharmaceutical companies' various needs, such as the expansion of oncology drug indications, and the applicability for patients," he said.
Listed companies and overseas investors are barred from investing, or acquiring stakes, in education firms that teach school curricula.
Foreign firms are also banned from acquiring or holding shares in institutions engaged in tuitions related to school curricula using variable interest entities or VIEs.
A great number of authors, who have many good ideas, cannot acquire IPs because of the high cost.
Sino-Ocean Group and Sino-Ocean Capital spent 4 billion yuan ($6.16 billion) to acquire 70 percent of Red Star Macalline Real Estate, Sino-Ocean Group said in a statement on Sunday.
About 27 percent of the respondents who are part of a joint venture in China, confirmed their intent to increase their positions, with 18 percent keen on acquiring a controlling stake, while 2 percent preferred to buy out their partner completely to form a fully foreign-owned enterprise, said the survey.
In 2019, investors including Ping An Capital, Primavera Capital, and Junqian Management agreed to acquire a 51 percent stake in China-based dairy products producer Junlebao from parent company China Mengniu Dairy.
Dang Guangfu, director of the Ophthalmology Department at First Affiliated Hospital of Shandong First Medical University, said: "It is critical that patients seek their ophthalmologists' professional advice in choosing the best treatment solution and lens option to acquire clear sight.
China deserves an exclusive R&D facility where we are able to acquire information about local consumers and the retail environment quickly, better support homegrown brands and bring more worldwide renowned brands to China," said Gu Ping, head of the Bayer Consumer Health Development Center China.
The offer to acquire Whirlpool (China) by Galanz Group was not dependent on its short-term financial performance, but its strong faith in investing in the Chinese unit of Whirlpool in the future, a top executive officer with Galanz said.
Under the partnership, Budweiser APAC will acquire 30,000 metric tons of barley from Jiangsu Nongken Group, covering more than 3,000 hectares of farmland and benefiting 5,000 local growers with a combined income of about 30 million yuan ($4.65 million).
In a press release, Galanz said the company's offer to acquire Whirlpool China was not a simple cooperation.
The offer to acquire Whirlpool China was not dependent on its short-term financial performance in the past year or two, according to the statement.
Only when companies treat cloud as a core business driver can it acquire a competitive edge.
"For instance, Dell is launching a flex-on-demand consumption model in China where companies can acquire the technology they need to support changing business with usage-based payments.
"Zijin Mining has been acquiring overseas assets to boost its output and diversify from the gold operations.
After acquiring a combined majority stake in Japanese kitchen appliance maker Zojirushi in January last year, Galanz has been vying for more brands to diversify its business.
Meanwhile, SF Holding has made an offer to pay HK $17.55 billion ($2.3 billion) in cash to acquire 51.8 percent stake in Hong Kong-listed Kerry Logistics Network Ltd, it said in an announcement published in February.
"Apart from numerical gains, Boehringer Ingelheim took stronger steps in localization last year, including setting up an external innovation hub, establishing its first overseas digital lab BI X in Shanghai, and acquiring an equity stake in New Ruipeng Group to better tap into China's booming pet market.
For example, they can acquire targeted customers more precisely.
"In terms of acquiring customers, the education industry's embrace of technology and internet signifies a digital revolution.
"Despite huge challenges brought by COVID-19 to offline businesses, Wang said Rise saw its cost of acquiring offline customers decline.
In March 2019, M&G became the controlling shareholder of Axus Stationery (Shanghai) Co Ltd by acquiring the latter's 56 percent stake.
According to the plan, all projects, including Wanda Plazas, Wanda Hotels & Resorts, and Wanda Tourism Villages, should acquire a Certificate of Green Building Label with no less than one star, while projects such as Wanda Malls and Wanda Hospitals should get the certificate with at least two stars.
In the second "Five-Year Plan" (2016-20), Wanda further lifted the requirements, ordering newly-established projects to acquire both green design certificates and green operation certificates.
In June 2019, China Baowu announced to acquire Maanshan Iron and Steel Co Ltd (Magang), increasing its output to more than 90 million tons.
And in August last year, China Baowu announced it would acquire a 51 percent stake in Taiyuan Iron & Steel (Group) Co Ltd.
After the epidemic, investor sentiment has shifted from optimism to doubts, mainly because the cost of acquiring customers is too high, said Liu Yaokun, head of education industry research at UBS Securities.
"The cost of acquiring customers for low-priced courses is set to rise by 20 percent to 30 percent during the second half of the year," the executive said.
Eager to further diversify its business scope, Liu said the group is looking for opportunities to acquire high-quality nutrition and healthcare businesses in China as the pandemic has further stimulated the market demand in this specific area.
Chinese online coding education platform Codemao will step up push to acquire more users and to go global, after the company raised 1.3 billion yuan ($198 million) in its latest funding.
According to Chen, Codemao currently focuses on three aspects, namely acquiring more users, developing more products and exploring overseas markets.
Budweiser plans to acquire 25,000 metric tons of barley on an annual basis from the long run, covering more than 3,000 hectares of farmland and benefiting between 4,000 and 5,000 local farmers and their families.
Under such circumstances, having abundant capital flow generated from sales would allow the developer to acquire better projects and further expand its business, Chen added.
Evergrande took the market opportunity in the first six months by acquiring 111 land plots with an average cost of 2,455 yuan per square meter in the cities of Beijing, Guangzhou, Shenzhen, Chengdu in Sichuan province, Haikou in Hainan province, Lanzhou in Gansu province, and Guiyang in Guizhou province.
The race to acquire the video app has entered its final stages, with two groups submitting bids, one from Microsoft and Walmart and the other from Oracle, and could include a coalition of investors, according to The New York Times, citing sources involved in the deal talks.
The nation's largest steelmaker China Baowu Steel Group announced on Friday that it will acquire a 51 percent stake in Taiyuan Iron & Steel (Group) Co Ltd (TISCO) as part of its efforts to become a global steel leader with an annual output of 100 million tons.