Late-mover advantage, or how innovative newcomers outperform pioneers, is what propelled Alipay toward the pinnacle of mobile payments and related digital services in China. Now, Alipay is expanding globally, unfolding a saga of success breeding more success.
The four great inventions of ancient China refer to papermaking, printing, gunpowder and the compass. They are celebrated in China for their huge impact on the entire world.
Although the number of travelers in China is much higher than those in many countries combined, domestic and foreign airlines are not taking it easy as high-speed railways continue to expand.
The Chinese online shopping market has boomed in recent years as local shoppers took to it like duck to water, and will likely continue to boom on the back of indulgent consumers overseas.
On June 15, at an exhibition hall in Amsterdam, the Netherlands, Hu Weiwei, founder of Chinese bike-sharing startup Mobike Technology Co Ltd, was busy explaining the company's philosophy to government officials from different countries.
On a rainy afternoon in Shanghai, Jeremy Helsby asks for English breakfast tea to refresh himself. Equally refreshing is the potential of China's property industry, said the London-based realty veteran.
World skilled workers competed in contests at China's first international skill competition in Shanghai last month, with 21 different skills from industrial milling to hairdressing on show. A total of 227 skilled workers aged under 22 from 35 countries and regions attended the competition.
It can be seen in the numbers: At least 20 skyscrapers are being built; more than 5,000 condos are under construction; and 46,000 new jobs are expected from 2015 to 2020 in the hospitality and tourism industry.
China's rail vehicle manufacturer will roll out 25 new generation bullet trains worth up to $1.84 billion in October.
Overseas investors are pinning high hopes on the first trading link for bonds between the mainland and Hong Kong, as the government makes the final preparations for the mega scheme that makes its $10 trillion mainland debt market more accessible.
Technology giant Tencent Holdings Ltd has become the most valuable Chinese brand, followed by Alibaba Group Holdings Ltd and China Mobile. The three companies were listed in the top 20 of the 100 most valuable global brands in 2017 released by BrandZ this month.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
