The Beijing Zoo clothes market, one of the biggest garment wholesale centers in North China, has been in operation since the 1980s. During its heyday, more than 80,000 people used to come to buy clothes from 13,000 stalls every day. Part of the market is now known as Baolan Financial Innovation Center and home to five financial and high-tech enterprises.
The integrated and synergetic development of Beijing, Tianjin and Hebei province has improved local people's lives, allowing them to have a sense of having benefited from the initiative. Residents in Beijing have acquired more green fields, better public services and resources. For those living in Tianjin and Hebei, the strategy has generated more jobs, and better links have made travel and transport more convenient.
Shanghai retail conglomerate Bailian Group is pinning its hopes on a partnership with e-commerce giant Alibaba Group Holding Ltd to reshape the city's shopping landscape.
Shares in Hong Kong-listed hypermarket operator Sun Art Retail Group plunged on Monday, after it issued a statement that effectively ruled out a tie-up with Tencent Holdings Ltd and Alibaba Group Holding Ltd.
Chinese companies have secured a 12 percent stake in Abu Dhabi National Oil Co's onshore oil concession, hoping to further participate in the development of United Arab Emirates' energy sector.
Some US manufacturers may encounter difficulties if they plan to take their operations back to their home country, Terry Gou, CEO and chairman of Foxconn Technology Group, the world's largest contract consumer electronics maker, warned on Monday
The central government has allowed pension funds worth 360 billion yuan ($52.4 billion) from seven provinces and cities to be managed by professional investment agencies as it moves to address the problem of a rapidly aging society and the potential pension fund shortage.
Sales of fresh Australian produce boomed during the Chinese Lunar New Year period, with tech-savvy Chinese buyers using online retailers to plug the gap left by supermarket closures over the busy holiday period.
A recent news report on the battery fire of a Xiaomi smartphone caught my attention, because, as one among the millions of Xiaomi users, I should have concerns about my own safety.
Birmingham Airport may be close to resurrecting a direct air route to China, while Edinburgh Airport is also hoping to invigorate Scottish tourism and business links with China through its own long-haul connection - as both British airports go on the active hunt for direct flights to the mainland.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
