Companies that are attending the Canton Fair are focusing on mid and higher levels of the Chinese market, according to their chiefs. They spoke during the ongoing trade promotion event.
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Online shopping sites may have become the growing force in China's retail sector - but during this year's Nov 11 Singles' Day shopping festival, many rival bricks-and-mortar companies are uniting to offer big price cuts to fight back.
Alibaba Group Holding Ltd used to fly solo on Singles' Day, China's largest online shopping festival that falls on Nov 11 every year.
PepsiCo Inc, one of the world's leading food and beverage companies, opened its first Quaker Oats plant in China on Thursday in an effort to expand its nutritional business in the country, as carbonated-drink sales continue slowing.
Oil company to supply 1 million tons of LNG every year to Huadian
Visa Inc, the global card payment services company, held its first China Financial Literacy Development Alliance Forum in Beijing last month, aimed at raising the level of financial know-how among younger citizens.
Yu Kailu, a student at a middle school in Hebei province in northern China, had never been to Shanghai before this month.
Germany's Leica Camera AG, which celebrated its first camera model's 100th anniversary last year, is set to commission a special set of photographs of the 1,000-year-old Western Xia Imperial Tombs in the Ningxia Hui autonomous region.
Retail chain operator Wumart Stores Inc said on Tuesday that it was delisting its H shares from the Hong Kong bourse amid uncertain market conditions for hypermarkets in China.
Stock prices declined on Wednesday amid growing profit-taking pressure and rising uncertainties over future market prospects.
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