With a growing number of Chinese consumers pursuing luxury lifestyles and looking for reasonably priced high-end international brands, outlets are excelling amid fierce competition in the retail industry.
William Mundell. [Photo provided to China Daily]
White House unveiled on April 16 three-phase guidelines for reopening the US economy, putting the onus on governors of making decisions about their states' economies.
Wignaraja, expecting the economic ties between China and Sri Lanka to deepen, said this requires focused trade and investment, which can be done via more exports to China, technology transfer from China and increasing Chinese foreign investment.
With an initial investment of 800 million yuan (about 3 million), the production base will cover an area of 1.5 million square meters and is expected to go into operation in December.
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With about 900 million monthly active users, WeChat presents a vital access point for businesses which are looking to expand. [Photo/IC]
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With a system extension, it can also perform intelligence collection, electronic warfare, search and rescue missions, and has several uses, including military, anti-terrorism, peace keeping, border patrol operations and civilian use.
Widely known as Ping An Good Doctor, the online firm is considered the country's biggest of its kind in terms of users. It closed its retail book on Thursday and is scheduled to make a market debut on May 4.