Chengdu, the capital of Sichuan province, has become the first city in western China to adopt tax-refund policies for overseas travelers.
Technological advances of vehicles and facilities steer further development of market
The fascination of Chinese with SUVs looks likely to continue for some time but domestic automakers should not pin all their hopes on the model, industry experts warn.
Offseasons to follow surge in transactions in December
Renault Nissan executives are eager to bring the company's autonomous driving technologies to China soon, to join those already being used as safety features by Dongfeng Nissan, Nissan Motor's joint venture in the country with Dongfeng Motor.
Buoyed by record sales figures for 2015, Volvo Car Corp, owned by Zhejiang Geely Holding Group, is already flexing its muscle to begin the New Year.
After the city of Qingdao in Shandong province was approved by the State Council as the country's only wealth management financial zone in February 2014, Licang, a district in the northwest of downtown Qingdao, is poised to gain new growth momentum by leveraging its edge in commerce and the financial sector.
As Qingdao, a coastal city in East China's Shandong province, becomes more attractive as a base of operations for regional enterprises, the high-end commercial real estate market is flourishing in Shinan district, in the south of the city.
The guideline against monopolies resulting from misuse of intellectual property rights, drafted by the National Development and Reform Commission, was released on the last day of 2015 for public review.