Laden with shopping from Harrods and clutching her fashionable Chanel bag, Julie Li is glued to her smartphone WeChat-ing clients back home in China.
Retail market analysts predicted that November's big shopping frenzy - the China-inspired Singles Day - will see a year-on-year sales increase of 40 percent, as Alibaba Group Holding Ltd and major international brands use virtual and augmented reality to woo online shoppers.
WISDRI Engineering and Research Incorporation Ltd, a subsidiary of China Minmetals Corp, the country's biggest metals trader by revenue, said it will provide so-called sponge city solutions - the technology being rolled out in China to counter flooding - to more than 10 major cities including Nanning, Chongqing and Jinan in 2017.
Connectivity testing and market rehearsals to verify the technical readiness for the soon-to-be-launched stock trading link between Shenzhen and Hong Kong were completed over the weekend, marking almost the final step in a prolonged process expected to pave the way for the second cross-border stock "through train".
Baidu Inc is seeking to raise as much as $500 million for its Waimai food delivery unit amid a costly battle with other Chinese internet giants for customers, according to people familiar with the matter.
The Hong Kong government's surprise move to cool the world's least affordable home market is set to spur an immediate plunge in prices and transactions as buyers and sellers hit the pause button. A new stamp duty is expected to trigger a new round of price falls that will continue until late 2017 at earliest. Share prices of developers slumped in Monday trading.
China's sports market is projected to increase by leaps and bounds in the long term, as the country ramps up its resources to facilitate the development of physical activities, sports sector insiders believe.
Inner Mongolia Yili Industrial Group Co's competition with China Mengniu Dairy Co in the $52 billion Chinese dairy market is going upscale, centering on a premium, organic segment that makes up just one percent of the country's milk consumption.
Baidu Inc expects to have the edge in autonomous driving after years of running China's biggest search engine, arming it with expertise in machine learning and mapping.
China Fortune Land Development Co Ltd is accelerating the pace to gain market share overseas, betting big on foreign countries' appetite for new industrial cities.
Chinese banks will continue to see a slight increase in the ratio of nonperforming loans although the rise in bad loans will not lead to systemic risk in the banking sector, analysts said.
Foreign investors' purchases of Chinese bonds will probably surge more than fourfold in the coming two years as global central banks diversify their reserves.
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