Editor's Note: With the ongoing EU debt crisis, a rating downgrade in US sovereign debt and turmoil in the international capital markets, the world is now facing up to the possibility of another economic crisis.
After decades of development, the coastal city of Dalian on the southernmost tip of Liaoning province, is ready for a new and better stage of growth, with the emphasis on becoming a modern metropolis with a substantially improved standard of living, the Party committee has announced.
A new district in the city of Dalian, Liaoning province is looking for more investors who are interested in sharing the incredible growth in one of Northeast China's most promising economies, its Party secretary said.
The Huayuankou Economic Zone, in the picturesque coastal city of Dalian, was plagued by salt water, when the local government, starting from scratch, had the idea of developing it and bringing benefits to all, according to its Party chief.
China continues its steady rise in competitiveness and is leading other BRICS nations and other emerging economies by a large margin, according to a recent global economic report.
Editor's note: The 2011 Summer Davos forum will be held from September 14 to 16 in Dalian with the theme of "Mastering Quality Growth". Some top executives share their views on what the talking points will be:
With global economic power shifting from West to East, many multinational companies are gearing up to meet increased demand from strategic emerging industries in such expanding markets as China.
Bombardier China, a branch of Canada's Bombardier, a manufacturer of rail equipment and aircraft, is one of the most successful foreign companies in the rail business in China, it did not get there overnight, according to its chief executive.
For large corporations and particularly multinationals, quality growth is about aligning stakeholder interests.
Governments around the world face significant challenges in reviving and then sustaining growth in an increasingly complex global economy.
German premium carmaker Audi AG is well on track to achieve its target to move 300,000 vehicles this year in China after posting record monthly sales in August.
Ren Guangli is a loyal fan of the Changjiang 750 (CJ-750) sidecar motorbikes. He bought his first one in 1980, long before the country was inspired by war heroes in early Chinese, German and Soviet movies that showed the protagonists in furious car chases in the sidecars. The sidecars were also convenient because gasoline was cheaper then, Ren says. A usual scene in the late 1980s: men in their 30s driving proudly on the roads, their wives riding pillion and their kids in the sidecar. At the time, the police also used the CJ-750.
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