Chen Qi is wearing an elegant black qipao - a traditional Chinese dress - and her hair is tied back in a neat bun.
Luxury icon Porsche is alerting people to the living conditions of children left behind in China's remote rural areas when their parents go to seek work in the cities.
By 2025, the vast majority of consuming and middle-income households will be in developing regions. While New York, Los Angeles, and Chicago will remain major players because of high per-capita GDP and capital and intellectual assets, companies will pay more attention to growing city regions in the developing world.
On a sunny Monday morning, John Slosar, chairman of Swire Pacific, sits in a bright and spacious room at the Opposite House, a luxury boutique hotel in the bustling Sanlitun area of Beijing.
Chinese companies are increasingly investing in research and development and becoming leading innovators globally, says George Yip, a professor of strategy at the China Europe International Business School.
China's economic transformation is at a turning point. There are increasing pressures of an economic slowdown, and China's GDP growth fell to 7.3 percent in the third quarter of this year compared with the same period last year, hitting a new low since the first quarter of 2009.
No one knows if China's leaders have read the book Antifragile: Things That Gain From Disorder (2012) by Nassim Taleb, an author widely read in the business community, whose fame was first built on The Black Swan (2007).
Why more Chinese are buying from overseas merchants directly instead of employing professional buyers who market their wares online.
Liu Xin, 32, a Beijing local, has been buying products for her child from overseas websites since 2011. She has bought everything from milk powder, a stroller, and a car baby seat to feeding bottles and body lotions, all of which have been delivered to her doorstep through international shipping.
When it comes to haitao, another frequently mentioned term will pop up - daigou, which means "buying on behalf of someone else".
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