Using big data for precision marketing and offering personalized customer services will be the way forward for companies in China's highly competitive e-commerce industry, according to Yu Gang, former chairman of online retailer Yihaodian.com.
Hundreds of China's textile and apparel makers helped kick off the International Apparel Sourcing Show on Tuesday in New York. A record number of Chinese companies are participating - up 30 percent from last year - as they look to establish new niche markets in the United States.
Cao Fahui lives in Tengchong, a village in Yunnan province. It is on the border of China and Myanmar, poor and remote, and is home mainly to Lisu people, an ethnic minority group.
Huawei Technologies Co Ltd more than doubled its China smartphone revenue in the first half of 2015, defying a slowdown in the world's biggest handset market that is enveloping rivals Xiaomi Corp and Samsung Electronics Co Ltd.
Company expects expansion in individual account transfers and online B2B services
China's northeastern rustbelt is expected to see a more rapid transition, with State-owned enterprise reform and manufacturing upgrading providing the uptick for growth in the region, economists said on Wednesday.
The industrial sector still faces "considerable downward pressure" and some industries are facing "increasing difficulties", the Ministry of Industry and Information Technology said on Wednesday.
Despite the flat GDP growth seen in the second quarter, there was a visible improvement in the overall economy, especially at local levels.
Switzerland-based VistaJet, a company specializing in premium long-range private jet travel, and its Chinese partner will start offering point-to-point services in China by the third quarter of this year, making it the first global private aviation company to operate large-cabin business aircraft in China, sources said.
China's sudden halt to a frenzy of initial public offerings came at just the wrong time for underwriters Everbright Securities Co, Guotai Junan Securities Co and China Merchants Securities Co.
Retail fuel prices will see a further reduction from Wednesday as global woes continue to drag crude rates and the glut in the market continues, the nation's top economic planner said on Tuesday.
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