In 2016, as many as 120 million Chinese traveled overseas and, in doing so, spawned not just the world's largest outbound travel market in China, but a mammoth opportunity for luggage makers, including expensive global brands.
One of the world's largest luggage makers Samsonite International SA is banking on e-commerce to fuel its China business, which is set to record 12 to 14 percent growth in the coming years.
China needs to think carefully on whether it should join the Trans-Pacific Partnership as a new member as the benefits of doing so are still uncertain, analysts warned on Monday.
China's State-owned enterprises should avoid irrational investments and trade financing activities for achieving scale, said the head of the country's SOE regulatory body on Monday.
China is quickening the pace of putting together its compulsory environmental pollution liability insurance implementation plan - and joint regulation and product designs could be key issues, experts said on Monday.
China launched its first national engineering laboratory for big data distribution and exchange technologies on Saturday.
Shanghai Composite Index gains 0.8% to reach a three-week high on Monday
Traditional Chinese herbal tea producer Guangzhou Wanglaoji Pharmaceutical Co Ltd announced plans to work with the United States-based science and technology major DuPont to launch probiotic products - which have bacteria and yeast that are good for health, especially the digestive system, to tap growing market demand.
China Huarong Asset Management Co, one of the nation's biggest asset reconstruction firms, said it expected annual profit growth of between 20 percent and 30 percent in the next few years.
BEIJING - With the unremitting efforts of Chinese industries to move up the global value chain, more consumers around the world are recognizing the higher quality and cutting-edge technology of products labeled 'Made-in-China.'
BEIJING - China is considering dialing back or delaying proposed measures aimed at pushing automakers to produce more electric vehicles, after industry feedback that the targets are overly ambitious.
BEIJING - Speculation that China's 56.3 trillion yuan ($8.2 trillion) bond market is about to go more global is spurring investment funds to hire in the country.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
