Some second- and third-tier cities offer a good market for luxury brands, according to the 2012 Luxury Report.
Real estate investor sentiment in the Asia-Pacific property sector remains relatively positive, despite continuing global economic uncertainty.
360buy.com, the nation's second-largest business to consumer e-commerce website, signed a strategic cooperation agreement with Bank of China on Tuesday to collectively set up a financial service platform supporting its supply chain partners.
Three Chinese big oil companies are accelerating the setting up liquefied natural gas stations all over China, thanks to energy conservation and emission reduction policies.
Zong Qinghou, chairman of beverage maker Wahaha Group Co Ltd, said the company will open its first department store in Hangzhou on Thursday.
The Chinese government may substantially increase compensation for the expropriation of rural collective land, according to a draft amendment to the land management law approved by an executive meeting of the State Council on Wednesday.
China's property market continued to warm up as land was sold at a record high price in Beijing and Shanghai and property developers accelerated their land hoarding rate.
The US International Trade Commission decided in a sunset (five-year) review on Tuesday to maintain the existing anti-dumping tariff on folding gift boxes from China.
The first glass futures highlights a crucial step in the development of China's financial derivatives, and may give the country a leg up in gaining pricing power in the world.
The Chinese stock market will enter a long-lasting "bubble-squeezing" stage and will become more investor-friendly,said experts.
A national standard for China's financial mobile payment is expected to be released in the near future.
Starbucks Coffee Company announced the launch of Starbucks China University in Beijing to meet the rising talent demand in its second largest market.