Liu Enzhuan is a free trade economist and professor at the Tianjin University of Finance and Economics. He was also a member of the team that worked on the draft document for the Tianjin Pilot Free Trade Zone.
Local shoppers will be in for a treat in Tianjin with a greater selection of products, as well as an influx of foreign brands.
Amreli Steels plans to raise $39 million next month from sale of 70 million new shares
Greece's cash-strapped government insisted it was "very close" to reaching a vital deal with bailout lenders, but the optimism in Athens was swiftly shot down by German Finance Minister Wolfgang Schaeuble.
Vice-premier urges forum to combat smuggling, counter protectionist forces
Countries in Central Asia and East Europe are planning to build more roads, warehouses and logistics centers to cash in on the growing trade opportunities from China's Belt and Road Initiative.
Deutsche Bahn AG, one of the world's largest railway operators, is setting up a procurement office in China later this year to expand its pool of global suppliers and hunt for possible partners in Asian markets.
In the office of the world's first big data exchange market in Guiyang, capital city of Guizhou province, Wang Sanshou, CEO of the Global Big Data Exchange Co, is occupied with meetings that focus on how to better sell data as a type of commodity.
Foxconn Technology Co Ltd is moving into finance by leveraging the big data boom in China.
They're not Hollywood stars, they're not TV personalities and they don't play in a rock band, but their pay packages are in the same league.
Germany's Deutsche Bank AG has agreed to pay $55 million to settle civil charges of filing incorrect reports during the financial crisis that downplayed risks of huge losses.
Gucci is offering discounts of as much as 50 percent in China as the Italian fashion house seeks to clear out merchandise designed by its former creative director, prompting lines of shoppers to form since sunrise.
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Raymond Zhou
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