British retailer Burberry Group would never have imagined that its scarves and trench coats would be sold from virtual stores in China. But the iconic luxury brand and other biggies like Marks & Spencer Plc, Mothercare Plc, Nike Inc, Levi's Strauss & Co and Sony are increasingly finding that having an online presence is essential for continued success in China.
Unlike air purifiers, which are an integral part of many Chinese households, water purifiers are still relatively unknown products for most Chinese consumers. But that may soon change as growing concerns about water safety are prompting more Chinese consumers to turn to such products, creating a robust platform for overseas companies to showcase their products.
France equals perfumes and cosmetics. Germany equals technological know-how. Switzerland equals watches. And Poland equals ?
Fostering better understanding of contemporary designs from China and establishing creative partnerships with British designers are the key priorities for the newly-opened China Design Center in London.
The Chinese government's commitment to environmental protection will ultimately benefit the economy and promote business with the rest of the world, says Alexandra Voss, delegate and chief representative of the Delegation of German Industry and Commerce Beijing.
The Chinese Internet tycoon Jack Ma once said he wants his self-made Alibaba Group Holding Ltd to last 102 years so the e-commerce company, founded in his apartment in Hangzhou, Zhejiang province, in 1999, will still be around in 2101, meaning it will have spanned three centuries.
Though China has signaled its intention to let the market play a decisive role in allocation of resources, it would need to make considerable progress on energy pricing to achieve tangible results in the long term.
Global e-commerce sales are forecast to increase by more than 20 percent this year, surpassing $1.5 trillion.
China, India can learn from each other's successes and failures
Market reaction to reports that China will ease property curbs in most cities has underscored the depth of anxiety over the danger of a plunge in the housing market, one of the economy's biggest growth engines.