The online trade of luxury goods was expected to have reached 10.7 billion yuan in 2011, a growth of 68.8 percent annually.
The robust growth of the jewelry market is expected to continue thanks to thriving domestic demand and a larger disposable income.
Investment in the cultural industry actually means investing in ideology, an area with considerable uncertainties.
Apple Inc started selling the new iPad on Friday in more than 10 countries and regions, including Hong Kong.
China Economy by Numbers is a monthly issue covering major economic statistics in China.
Eating at a Beijing restaurant is usually an adventure for people from other countries.
Most Chinese believe that children born during the Year of the Dragon will be strong and enjoy good luck.
The Yunnan province city plans to double the number of coffee plantations it is home to and work with the well-known coffee-store chain Starbucks and other companies.
Potential mainland customers wait for release of product with excitement.
Global food and beverage companies are likely to be the next major targets for Chinese enterprises pursuing overseas M&As.
China will launch nine new lines for bullet trains by the end of this year.
China received an estimated $57 billion in global remittances last year, 11.8 percent up from the previous year.