China's cross-border consumption broke 30 billion yuan ($4.91 billion) last year and is expected to reach 100 billion yuan this year, says Tao Guangquan, head of the international department of Secoo, a professional luxury goods service provider based in China.
The hotel combines elements which reflect the rising importance of Chengdu as a significant economic center for Southwest China.
Every year, the international forum of the UN World Tourism Organization and Pacific Asia Travel Association, held this year in early October, is like a second local festival for Guilin.
Michael Zhou has been appointed general manager of Hilton Shenzhen Futian.
Wal-Mart Stores Inc is expecting to open seven more of its high-end Sam's Club membership stores in China over next three years in a move that it hopes will help halt its declining performance in the country.
MasterCard Inc is offering traveler's checks for Chinese students headed abroad in cooperation with Transforex (Hong Kong) Investment Consulting Co Ltd and the International Student Identity Card Association, the United States-based card company said in Shanghai on Tuesday.
Ma'anshan on the Yangtze River plans to play a larger role in the future development of Anhui province, the newest member of the Yangtze River Delta region.
The two biggest tectonic plates of the world economy are shifting, setting off friction that is increasingly evident in financial markets and global capitals.
Russia's 20 richest people lost $10 billion this week as the central bank raised interest rates to counter Western sanctions that have crushed the ruble and sent the country's RTS Index to its lowest point since March 2009.
China can make considerable progress in food self-sufficiency if it uses methods like consolidation of farmlands and encourages use of modern machinery, technologies and good practices for agriculture, said a report published by Rabobank.
Leading domestic peer-to-peer lending and wealth management company CreditEase Corp has been relying on big data technology to give consumers quick decisions on loans, senior executives of the company said.
Two local governments have withdrawn support for bond sales by their financing vehicles in the space of a week, throwing the market into disarray.
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