Far sooner than expected and predicted, it appears that China is on the verge of overtaking the United States as the world's largest economy. Organizations such as the International Monetary Fund and the World Bank have long forecast the inevitability of China's ascent to the top of the global economic ladder, but not until 2020 or even 2024.
Geographically, China is large. But historically and economically, it used to be small. Ever since the 1100s, the country has been heavily dependent on business activity in one or several small areas for maintaining an imperial government.
China's transition from a centrally planned economy to a market one has been neither easy nor linear. The government has tried to liberalize some sectors and privatize some industries, but certainly not all.
The ongoing decline in traditional media affected the growth of China's advertising industry, while Internet advertising witnessed a surge last year, an industry official said on Monday.
China's grain security is facing a challenge caused by excessive imports of breeding pigs, especially from North America and Europe, to enlarge their herds of swine.
As a growing and increasingly affluent consumer class emerges across most of Asia, regional banks are focusing on extending their reach.
With 650 million viewers across more than 25 countries, cricket is the second-largest sport in the world in terms of viewership.
Foreign banks continue to make inroads in China, but after years of expanding their networks they remain marginal players in retail and consumer spaces.
With transactions thriving - particularly online - between international markets and China's western region, Chengdu is boosting its logistics services to meet the demand of a red-hot e-commerce boom in the city.
'The vision was always to be the Amazon of India."
The 11,800-kilometer Suzhou-Manzhouli-Europe railway line, which opened last September, is expected to boost China's trade with Eurasia.
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Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
Liu Shinan