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|BEIJING Ryon Healy Jersey , Nov. 27 (Xinhua) -- Chinese enterprises, taking advantage of a favorable situation of closer economic cooperation between China and Central and Eastern European (CEE) economies, are actively exploring ways of business development in the Central and Eastern Europe.
Chinese people have special feelings toward Central and Eastern Europe, from where some classical films like ex-Yugoslavia's "Valter Brani Sarajevo" and "Bridge" and Romania's "Zile Fierbinti" once hit almost every screen in China in the early 1970s.
Nowadays, many Chinese goods, including cars, television sets and bicycles, roll into various households in Romania Robinson Cano Jersey , and the mutually beneficial economic and trade exchanges have built a bridge between the hearts of the peoples of both sides.
Donghui Sports Equipment Company (DHS) is one of the typical enterprises that have contributed to building such a bridge.
The DHS is a Chinese-funded international company and it has established a factory in the suburbs of Deva city in southwestern Romania, said DHS Chairman Niu Guanghui.
"It is thanks to China's reform and opening up policy that we can go overseas and score such achievements today. It is not only the pride of the enterprise, but also the Chinese people," he told Xinhua.
In the late 1990s when the DHS entered the Romanian market, not everyone was optimistic about its business and some people even doubted the quality of Chinese products, Niu recalled.
Nowadays, the DHS is a well-known brand in Romania's bicycle manufacturing industry and covers 70 percent of the local market. Its reputation is also rising in other parts of Europe and its factory in Deva is one of the largest bicycle manufacturing bases in Europe.
"Make it the best if you want to do it" is the DHS's operation and management philosophy. The DHS always follows this philosophy, from designing Randy Johnson Jersey , production, sales and after-sales services.
"I just want to let Europeans know that the quality of Chinese products is first-class, fully comparable with the world's top brands," said Niu, one of pioneering Chinese businessmen.
Unlike some other Chinese businessmen in Romania who merely valued profits rather than brand, Niu stressed that a brand is built by the quality and production volume of a product.
Without a significant market share or reliable quality, the brand and an enterprise's long-term development would be baseless, he said Nelson Cruz Jersey , adding all equipment used by the DHS is first-class in order to ensure the quality of products.
On the other hand, the DHS invests a lot in television and radio advertisements to promote its brand. It also pushes its products into renowned global supermarket chains, which Niu said could help build the brand of the DHS's products significantly although it is not sure to bring bulky profits to the company.
Founded in 1998, the DHS now has more than 400 sales outlets around Romania and exports its products to many other European countries like France, Germany, Italy and Poland. The DHS is ranked among the largest bicycle manufacturers in Europe.
The spirit of "putting people first" is a priority for an enterprise's growth, Niu said. The DHS not only pays workers well and offers first-class working environments to them, but also offers shuttle buses.
The DHS Kyle Seager Jersey , as a successful Chinese-funded company in a foreign country, also strives to shoulder its social responsibilities, Niu said.
In the past years, the DHS actively involved itself in charity and non-profit activities in Romania, including donating products and funds to local orphanages, rehabilitation centers of the disabled, and schools. The DHS also sponsored some local sports events.
NEW YORK, Sept. 25 (Xinhua) -- U.S. stocks slid on Monday asWall Street digested latest comments from Federal Reserveofficials.
The Dow Jones Industrial Average fell 53.50 points Ken Griffey Jersey , or 0.24percent, to 22,296.09. The S&P 500 lost 5.56 points, or 0.22percent, to 2,496.66. The Nasdaq Composite Index dipped 56.33points, or 0.88 percent, to 6 Jean Segura Jersey ,370.59.
New York Federal Reserve President William Dudley said Mondaythat factors restraining price pressures should disappear withtime, allowing the U.S. central bank to maintain its gradual paceof monetary policy tightening, according to Bloomberg.
Inflation should pick up with "the fading of effects from anumber of temporary, idiosyncratic factors," stabilizing around theFed's two-percent goal over the medium term, he added.
Meanwhile, Chicago Fed President Charles Evans said that hebroadly agrees with his colleagues who believe rates should risegradually to about 2.7 percent over the next two years or so, fromthe current range of between one percent and 1.25 percent.
Technology sector Jarrod Dyson Jersey , the biggest laggard among the S&P 500's10 sectors, tumbled 1.42 percent on Monday, as sharp declines inbig tech companies, including Apple, Facebook and Amazon, weighedon investor sentiment.
Overseas, the German elections were in focus. The conservativeunion led by German Chancellor Angela Merkel on Sunday defended itscommanding role in the Bundestag (German parliament) with 32.5percent of the vote. Enditem
Apple Inc's new smartwatch may be a tough sell, with 69 percent of Americans indicating they are not interested in buying the gadget Ichiro Suzuki Jersey , according to a ReutersIpsos poll.
However, the survey also showed limited awareness of the watch. The poll was taken after Apple Chief Executive Tim Cook rolled out the product on Monday, and only about half of respondents said they had heard news of the timepiece in the last few days.
Also, in an encouraging sign for Apple, roughly 13 percent of survey respondents who did not own an iPhone said that they would consider buying one in order to buy an Apple Watch, which needs an iPhone to work fully.
Apple overcame scepticism about the iPad and iPod when they first d.