Wal-Mart Stores Inc, the multinational retail conglomerate, launched an online-to-offline mobile platform in Shenzhen, Guangdong province, on Tuesday, looking for new business growth amid challenges brought about by the booming online shopping.
Boosting investment in innovation and nurturing talent could take the economy of Shenzhen, a testing ground for China's reform and opening-up, to a higher level within five years, according to local officials.
Australia is betting on plumbers and coffee-shop owners over scientists and researchers to drive the nation's next wave of economic growth.
Two key Samsung companies are merging in a step toward ensuring the son of the group's ailing chairman inherits control of the theme parks to smartphones conglomerate.
Charter Communications Inc agreed to buy Time Warner Cable Inc for about $55 billion in cash and stock, scooping up the cable provider after getting last-minute competition from French billionaire Patrick Drahi.
Japan wants its workers to take more holidays and work fewer hours to cut down the number of people pushing themselves into an early grave.
The workers extracting mango pulp, freezing carrots and packing spring rolls in southern India are the foot soldiers in Indian Prime Minister Narendra Modi's inflation war.
Tariffs will be reduced on June 1 on a number of imported consumer goods, including shoes and boots, cosmetics, and disposable paper diapers, the Ministry of Finance announced on Monday.
Every retailer in China wants a piece of the growing cross-border e-commerce pie. Department stores are no exception, and they see the sector as a promising avenue of transformation in the era of online shopping.
Despite changing demographics and shifting growth patterns, China's economic prospects in the next decade remain positive as the industries continue to climb up the value chain and open to the international market, said economists and experts at the Shanghai Forum, hosted by Fudan University, which ended on Monday.
The government should provide more support for Chinese enterprises that are going global, the top executive of a leading private conglomerate said on Monday.
The rural land issue in China rarely makes the headlines, but although it is largely out of sight, it is a bitterly contested area.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
