Wealthier Chinese tourists are willing to spend more during their trips to make sure they have the best time possible.
Xiao Chengjia, a 25-year-old postgraduate student, spent 5,200 yuan ($740) on an eight-day trip to Thailand in April. She booked her round-trip tickets 40 days before her departure from Shanghai, and enjoyed a 50 percent discount with the final price at 2,200 yuan.
Li Xinlei is planning a trip to Dunhuang in northwestern China's Gansu province. Rumor has it that some ancient grottoes might be closed soon to protect them from rough weather, and he wants to see them before it is too late.
Aging Chinese luxury travelers with leisure time on their hands are willing to explore some less-visited parts of the world.
"Through my brother's eyes, I saw factory after factory closed, unemployment grew, Dayton [a city in Ohio] became hollowed out," said Stephen A Orlins, president of the National Committee on United States-China Relations, but great changes have taken place due to investment from China.
Royal Philips of the Netherlands is looking to roll out a personal health ecosystem in the Chinese market to seek opportunities amid surging demand for health improvement, according to Jorgen Behrens, senior vice president, business leader, Personal Health Solutions at Philips.
Industry know-how, self-discipline and post-investment management are vital for private equity investors in China when economic growth is slowing, a senior executive of Kohlberg Kravis Roberts & Co LP has said.
Analysts have a bullish outlook for the A-share market in 2017, with more confidence in macroeconomic fundamentals and companies' profitability.
Hong Kong's Growth Enterprise Market has seen a string of the world's best stock debuts this year. It's also been home to some of the biggest plunges, wiping out gains and raising questions about how the exchange operates.
Houston businesses are rolling out the red carpet for Asian tourists who arrive in the fourth largest city in the Unites States for a slice of authentic Texas life.
Nestled in Beijing's suburban Miyun district, the Grand Bay Hotel Beijing is scheduled to open in early 2017. It recently held its inauguration ceremony.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
