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French advertising giant Publicis Groupe has acquired Beijing-based digital marketing company Longtuo, the French company announced late on Monday.
Talented overseas people who start companies in Qingdao, Shandong province, are eligible to apply to join the "Qingdao Talent Plan", in which the government rewards each startup company with 1 million yuan ($158,300) and research and development aid of 200,000 yuan a year for five years.
Foreign direct investment (FDI) into China fell for a sixth straight month in April amid global economic woes.
China is witnessing an increase in better-educated laborers and a booming talent pool.
Economic growth may be slowing, but fears of a hard landing are not justified.
China's power consumption decelerated in April amid slowing industrial activities during the period.
Although the Ergun Wetland Protection Zone attracts over 1 million tourists every year, local forestry authorities struggle to balance operating costs.
De Sanctis has found many fake Italian brands, which are popular in China but do not exist in Italy.
The leaders of China, Japan and the Republic of Korea announced Sunday that talks focusing on a free-trade agreement would be launched within the year.
China's top 100 retailers' sales revenues surged 20.9 percent year on year to 2 trillion yuan ($318 billion) in 2011.
Private lending in Wenzhou, a city known as the cradle of China's private businesses, shrank by 30 percent compared with August last year after a credit crunch almost crippled the local economy.
China's central bank announced on Saturday it would lower the reserve requirement for commercial lenders by 50 basis points.
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