With the fierce competition in the traditional retail industry, shopping malls are trying to adjust their business models by holding exhibitions. Besides the income of admission tickets and selling derivative products, malls are also using exhibitions to attract more customers and improve overall sales.
Mainland shopping malls are shrugging off the impact of e-commerce and recovering strongly on the back of healthy retail sales, DBS says.
While traditional shopping malls are facing big challenges due to the impact of online shopping and changing consumer behavior, those that can develop niche markets to meet the tailored demand of consumers might actually see new opportunities.
The solution to one of the hardest puzzles nowadays tormenting pressured employees, seeking cost-effective and unconventional respites from work, is apparently not a million miles away - if you know where to look.
Chinese co-working space startup UrWork is working with Ant Financial Services Group, the financial affiliate of Alibaba Group Holding Ltd, to adopt staff-less services solutions in its shared offices.
Mao Xue, a 42-year-old business development manager in a pharmaceutical company in Beijing, couldn't believe her eyes when she got a resignation letter from one of her newest colleagues.
The preference of Chinese millennials for fine furniture has brought opportunities for interior designers and premium furniture brands, especially those coming from northern Europe.
Generation Y's taste for premium interior designs for their homes is affecting their choice in hotels while traveling - bringing opportunities and challenges to a hospitality industry that wants to woo the expanding Chinese middle class.
Liu Xinfang works as a barista at Starbucks and used to worry about health insurance for her aging parents.
Internet companies are rolling out attractive healthcare and child care packages to recruit and retain staff.
China's middle class is expanding at an unprecedented pace.
Editor's Note: China Daily reporters interviewed three consumers born in the 1990s to find out their demands, habits and skills for consumption in different aspects varying from traveling to accessories, as well as their financial plans.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
