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.
When the world's fastest supercomputer, Tianhe-2, was introduced last year to Guangzhou, the capital of Guangdong province, many scientists and researchers believed it would help boost innovation and upgrade traditional industries in the southern province.
Imports and exports in Guangdong province, which account for nearly a quarters of the country's trade, will face more pressure this year after the southern economic powerhouse reported a sharp drop in trade numbers during the first three months, local government officials say.
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