The number of Chinese people who bought luxury products has reached about 200 million and grew 25 percent.
Wenzhou's businessmen have made a foray into the ocean tourism industry by acquiring a luxury cruise liner.
The major mission for Starbucks China president Belinda Wong is to help Starbucks fulfill its target of setting up 1,500 outlets on the Chinese mainland by 2015.
China Mobile said it will add three Chinese cities to the locations where it will test its fourth-generation telecommunication technology this year.
Top Chinese officials have pledged the nation's continued support for Europe by investing in its bailout fund.
Sony Corp may possibly gain a bigger share in the Chinese smartphone market with its integrated services, industrial experts said.
Moet Hennessy agreed to form a venture with VATS Group Ltd to produce premium red wine in Southwest China's Yunnan province.
China's CPI rose 4.5 percent year-on-year in January, and PPI rose 0.7 percent, the lowest since December 2009.
The man they call 'Big mouth' bluntly reveals his philosophy about business.
Even leaving money in banks is unsafe because deposit interest rates are lower than the CPI.
The sharp drop in the price of the legendary wine Chateau Lafite hit a bottom in 2011 and the price has registered a slight increase.
Goodbaby Group, China's top manufacturer and retailer of baby care products, will have exclusive authorization to sell Nike's children's wear through its website.
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