Summer is the peak time for tourists in Qingdao, a coastal city in Shandong province dubbed China's "sailing capital".
Unlike many wealthy Chinese businessmen, Liang Zhiming, a Qingdao-based interior designer, didn't jump in at the deep end and buy a luxury yacht when he decided to buy a boat.
The promotion of a sailing culture among China's younger generation is in full flow.
Premier Li Keqiang made proposals on Thursday to remove barriers to the development of the pioneer of the nation's industrialization in the 1950s to the 1970s, a broad area of Northeast China that covers Liaoning, Jilin and Heilongjiang provinces and an eastern section of Inner Mongolia autonomous region.
China's broad northeastern border areas could unleash significant potential by furthering reform and opening-up, said Wei Jianguo, secretary-general of the China Center for International Economic Exchanges.
Now that the 14-year ban on game consoles has been lifted, the floodgates are open for a number of the world's leading game console providers to pour into the Chinese market.
Office space in core areas of China's big cities is getting more expensive. But instead of walking away, companies are paying up, topping expectations in China's commercial property sector in an overall weak real estate market.
The 24-story Seaside Building on Lujiang Avenue in Xiamen's downtown area is attracting few tenants. A total of 10 floors are unoccupied, with four still being completed.
China unveiled a detailed overcapacity replacement policy on Thursday that will promote cuts in the iron and steel, electrolytic aluminum, cement and glass industries.
After seven years of rapid growth, which made it China's largest online jewelry retailer, Kela Co Ltd is aiming this year to become more upmarket and professional.
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Raymond Zhou
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Chen Weihua
