Yakult will invest 0 million to expand the plant it built in Wuxi in Jiangsu province in 2015, adding 15,000 square meters of floor space and six production lines, according to the deal.
Yao Jian, an analyst with China Securities, said that with a recovery in global trade in 2017, when China's trade value rose 14.2 percent, the Baltic Dry Index, a shipping index measuring change in the transportation cost of raw materials, has risen above 1,200 points from around 950 points at the beginning of last year.
Ye said: "Only some leading domestic manufacturers are capable of making high-quality batteries, which is and will be short of the market demands.
Xue Zhaofeng, an economist at Peking University, said it is good that technology helps to solve problems but when it comes to business, companies should also consider humanity, policy, benefit and morality.
Xu once advised the premier on pollution regulation along the Yangtze River. To protect the river, some departments proposed closing all chemical plants within a kilometer of the river.
Xu said China entered a new era following the 19th CPC National Congress in October and "the potential of development will be greatly released" through various policies being put into place.
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Ye said he had low expectations to get funding through issuing corporate bonds and that private companies have fewer advantages than central SOEs.
Xue shot to fame in Jet Li's Ocean Heaven, and has earned more acclaim to soar to the A-list female directors' rank through box office hits Finding Mr Right, Book of Love and My People, My Country, which she co-directs with other six directors.
Yan has published around 20 articles in top international academic journals, including Nature, Science and Cell, over the past decade.
Yang Bo is now the deputy chief designer of China's new manned submersible that is being prepared to dive to a depth of 11,000 meters underwater.[Photo provided to China Daily]