Mention of the booming commodity trade in Zhejiang province usually evokes images of Yiwu, where dealers can search for every kind of small commodity imaginable.
Already the world's largest wholesale textile market - accounting for one-fourth of global transactions in fabrics - China Textile City in Shaoxing county of Zhejiang province is moving to grab an even greater share of the market, according to a development plan by the county government.
Sales of passenger cars in China have exploded in recent years and, as a result, the country has been the world's largest auto market since 2009, and automakers from around the world have been vying for business.
The rapid growth of China's auto sales and car ownership, thanks to a growing middle class, have helped the country's economy and development a lot.
China has the world's largest auto market and has seen unprecedented growth in recent years, with over 100 million vehicles on China's roads in 2011.
Ulrich Walker on five years in China and future plans
With concerns over future supplies of fossil fuels and an increasing awareness of environmental protection, more attention is being placed on new energy technology worldwide.
Caring about employees is an important factor in business. Staff retention is a priority, since it is the people who collectively hold the knowledge to support stability and sustainable growth.
With the rising importance of China's automotive market, industry design trends are increasingly being influenced by the needs of Chinese customers.
With varying operational requirements for heavy-duty trucks, Chinese businesses are looking to foreign manufacturers to fulfill their demands. As a result, European truck manufacturers have been witnessing significant growth in recent years.
The second largest economy in the world, China has been attracting foreign investment with an overwhelming influx of multinational corporations setting up operations in the past decade, all striving to gain a competitive edge through localization strategies designed to cut costs and improve supply chain, so as to boost sales and, ultimately, profits.
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Raymond Zhou
Op Rana
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Huang Xiangyang
Chen Weihua
