Large State-owned commercial banks are likely to take the lead in setting up independent subsidiaries focusing on wealth management business, analysts said.
In Changsha, capital of Hunan province, a bus avoids pedestrians, speeds up, slows down, makes an emergency stop, overtakes other cars and navigates traffic lights.
Slowdown-scarred and growth-seeking Chinese television manufacturers are ushering in an era of premium and intelligent TVs.
Chinese TV panel manufacturers are investing heavily in large-size screens with high-definition and cutting-edge technologies, a move that China's display panel industry hopes will help it to make headway against overseas competitors.
Consumer electronics giant TCL Corp is setting out strategic plans in the fields of artificial intelligence, big data, new semiconductor display technologies and materials, and intelligent manufacturing.
For the 148 million travelers from the Chinese mainland who visited overseas destinations last year, and spent $120 billion in all, tourism is no longer just for shopping but an opportunity to mature, evolve and add value to life through richer experiences, said industry experts.
EIJING - China's rapid growth in domestic tourism continued in 2018 when the country recorded a total of 5.54 billion domestic tourist trips, up nearly 11 percent year-on-year, according to the Ministry of Culture and Tourism.
Apart from luxury goods shops, department stores or consumer appliance outlets, what Chinese tourists frequent the most abroad these days are museums.
Gansu province-based Lanzhou Foci Pharmaceutical Co Ltd is becoming well known the world over for its concentrated pills, a unique type of traditional Chinese medicine or TCM for a range of diseases or conditions like asthma, diabetes, tuberculosis, cataract, hypertension and hepatitis.
PORT MORESBY - At the Goroka Juncao& Dry-land Rice Technology Demonstration Base in Papua New Guinea's Eastern Highlands province, a unique type of grass called "Juncao" stands tall, almost 5 meters high, in the vast fields.
This Spring Festival holiday, homestay bookings by Chinese tourists might have more than doubled from a year ago, according to industry projections.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
