Business bites

Wanda to hire more

Wanda Group, one of the largest private property developers in China, will make offers for 60,000 new jobs this year, a company executive said yesterday. "Most of the jobs are created by our rapid expansion this year," Wanda's Chairman Wang Jianlin told China Daily. The company plans to build eight shopping malls and two five-star hotels this year. It has spent 11 billion yuan for five plots of land in Shijiazhuang, Tangshan, Tianjin, Hefei and Hohhot since the fourth quarter of last year.

CIC sees opportunities