Chinese mainland conglomerate Dalian Wanda Group signed a 63.18 billion yuan ($9.29 billion) deal on Monday to sell 13 cultural tourism projects and 76 hotels to property developer Sunac, a move that could shift its focus to asset-light business and bolster its vision of relisting in the Chinese mainland.
Women not only fuel the exponential growth of Alibaba Group Holding's online emporium, they also form the backbone of the business empire that is eyeing to serve 2 billion customers and create 100 million job opportunities in two decades.
'Big data" is the catchphrase of the day, appearing at each and every tech conference I have attended. China's technology powerhouses are investing billions of dollars annually in mining the massive trove of consumer data, hoping to outgun rivals and cash in on the rising middle class whose behavior is increasingly transparent and traceable in the digital space.
CHANGSHA - A tour bus travels along a winding road on the outskirts of Moscow. Onboard, a group of Chinese tourists, all in their 50s and 60s, sing along to Moscow Nights, a tune produced during the former Soviet Union. Nostalgia is in.
CHENGDU - Breathtaking scenery and breathtaking dangers. Chinese engineers will face both as they embark on building the world's most difficult railway.
After online shopping, internet-based finance, mobile payments and bicycle-sharing, the digital dimension in China is taking in its sweep the world of books.
A new business has emerged in China that makes money by serializing and publishing digital literature, including novels, for users of hand-held devices.
Shanghai-based Ximalaya Inc, owner of a Chinese audio-sharing app that has become popular in recent years, not only provides a large number of books in audio format but allows its millions of users to create and share audio content.
Shenzhen-listed Perfect World Co Ltd, a Chinese movie and gaming company, is targeting overseas markets as online gaming and e-sports appear set to boom.
The lack of international talent is one of the biggest challenges for Chinese companies expanding into overseas markets, according to a survey on China businesses conducted by the China Europe International Business School or CEIBS.
Prospective car-buyers typically check out hundreds of reviews before making up their mind. Finbarr O'Neill, CEO and president of J.D.Power, wishes to streamline things for them.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
