The iron oxen were salvaged from the water to stand on the Yellow River bank again. WANG WENLAN/FOR CHINA DAILY
The latest installment of China's smart restaurants opened Monday at Qingdao North Railway Station in Shandong Province to better serve the Spring Festival travel rush, which began 15 days ahead of the Spring Festival that falls on Feb. 5 this year.
The latest chapter in the rivalry will be interesting to watch, especially as Wal-Mart looks to take advantage of its physical retail presence and marketing power in 15 countries.
The internet makes it possible for grassroots doctors to receive the same training as doctors at big-name hospitals. [Photo/VCG]
The investment reached a frenzy in September 2017. In just one week, a series of deals were reached between China's top financial institutions and a business delegation led by Iran's central banker Valiollah Seif, in which China promised billion in financing and loans to support Iran's economy.
The interplay between online and offline sales is reinventing the entire retail landscape, where physical stores should adapt themselves to truly become "showrooms for more involved purchases", said Jonathan Cheng, partner and head of Greater China Retail practice at Bain&Co.
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The latest popular rice noodles to hit the market are boiled and served in a stock made from river snails.
The key to such success is a good balance between the roles of the government and the market.
The investment, which will be made through Tencent affiliate Linzhi Tencent Technology, will also see the firm take a 15 percent stake in Yonghui's supply chain and logistics subsidiary via a capital increase, the retailer said.
The joint venture will also supply components for the new ZF hybrid transmission, the company said. Volume production at the joint venture is expected to start in 2021.