Walking around the shopping malls of Beijing, you will find a throng of glass-enclosed mini karaoke booths covering just 2 square meters, in which people indulge in their love of singing without blasting out loud music.
Beijing ThunderStone Technology Co Ltd, one of the largest karaoke system suppliers in China, is gearing up its expansion of online-to-offline or O2O services, betting big on the emerging market segment for karaoke lovers.
In line with the popular online-to-offline mode adopted by many businesses, the mobile music industry wants online singing platforms to present services like bricks-and-mortar mini KTV bars as they strive to attract more users and seek new selling points.
China is set to build a globally competitive automotive industry within 10 years, with new energy vehicles and smart, internet-connected cars taking the lead worldwide, according to an industry guideline released on Tuesday.
China's central provinces are expected to attract more foreign investment at the 10th Central China Investment and Trade Exposition, which will be held in Hefei, Anhui province, and aims to strengthen new drivers for regional economic development, officials said on Tuesday.
China United Network Communications Ltd unveiled a joint venture with local partners on Tuesday, as the country's second-largest telecom carrier by subscribers scrambles to offer in-flight Wi-Fi services.
Global leading sportswear producer adidas AG is expected to open 2,000 new stores by 2020 in China, the company said.
Dubai's Multi Commodities Center, the largest free trade zone in the United Arab Emirates, has seen a strong surge in the number of Chinese companies as the Belt and Road Initiative drives new business opportunities.
A stable outlook is expected in the Chinese mainland property market in the coming 6 to 12 months but going forward developers face a challenging operating environment, Moody's Investors Service said in a report.
As the latest addition to China's Free Trade Zones project, Chongqing plans to become a pivot in the country's go-west campaign - the national effort to develop the vast western regions, home to energy and mineral resources crucial to its future growth.
The Shuangliu district of Chengdu in Sichuan province plans to become home to top professionals in international trade, finance and law from different parts of the world, to meet the needs arising from its inclusion in the China (Sichuan) Pilot Free Trade Zone.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
