Smaller cities will spearhead the next phase of retail development in China and the sector will continue to provide huge growth opportunities for companies.
After Hewlett-Packard was born in a one-car garage in Palo Alto, California, it took 75 years for it to grow into the global computer behemoth it is today.
As the wild card in the future of the Asia Pacific's economic development, climate change is emerging as one of the most significant priorities for policymakers.
The economy improved marginally in May, but analysts said the recovery remains patchy, with continued weakness in the property sector representing the largest uncertainty.
China unveiled the blueprint for its infant formula industry and indicated that the sector would have 10 manufacturers with annual sales revenue of more than $160 million by 2015.
Excessively large foreign exchange reserves in China increase domestic money supply and create potential domestic inflation pressure.
It might be very odd to associate China with the 2014 World Cup in Brazil, given that the country has only qualified once, and that was 12 years ago.
Policymakers in China stepped on the fiscal accelerator in May as they moved to stimulate the economy through more government spending.
The new route is definitely the right choice for the Chinese national carrier, as Washington is an important destination for Chinese visitors.
Ongoing experiments at the pilot free trade zone in Shanghai will determine whether China will extend the FTZ experiment to other regions.
According to the Census and Statistics Department, total retail sales decreased 9.8 percent year-on-year in April to HK$38.8 billion ($5 billion), a much steeper drop than the predicted 4.4 percent decline.
More Chinese companies are seeing opportunities brought by the opening up of Uzbekistan to set up businesses in the Central Asian nation.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
