Governing body loosens its grip on State-dominated market with huge potential, Sun Xiaochen reports.
The first State-level new area in Central China recently attracted its first investment from a Global Fortune 500 enterprise.
As helmsman of China's most profitable hotel, Rainer Burkle, the general manager of the Ritz-Carlton Shanghai, Pudong, said his biggest challenge is the city's weather.
The Chinese market is growing at an unprecedented pace for hospitality giant Hilton Worldwide Holdings, becoming the most important strategic market for the group outside of the United States.
Maison Albar is expanding in both historical cities and nature resorts worldwide, with its initial focus on the Asia-Pacific, which currently offers many opportunities for the luxury boutique industry, the hotel group announced in Beijing on Thursday.
The Quality Brands Protection Committee of the China Association of Enterprises with Foreign Investment announced its annual list of best-practice cases in intellectual property protection from last year at a ceremony to celebrate its 15th anniversary on June 17 in Beijing.
The ongoing Expo Milano 2015 in Italy, a focus of worldwide attention, is being kept safe during its six-month run by a Chinese company's advanced security inspection equipment.
Qingdao in East China is striving to become a city of innovation, a capital of startups and a peninsula of independent thinkers, said a local official.
A business incubator housed in the Times Square Center at No 50 Xianggangzhong Road in the Shinan district of Qingdao, Shandong province, has nurtured more than 400 startups.
By 2017, 10,000 new businesses are expected to have been founded in Qingdao's Laoshan district, according to the local government.
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