Owing to China's fast pace of industrial upgrading and urbanization, the German company's sales revenue grew by 11 percent year-on-year to over 261 million euros in its 2019 fiscal year.
Over 180,500 twenty-foot equivalent units (TEUs) of goods have been transported through the cargo trains since the beginning of the year, up 22.2 percent year-on-year.
Over the past three years, the gap in e-commerce penetration between upper and lower tier cities has narrowed, with 75.7 percent of shoppers in lower tier cities using e-commerce to buy FMCG products.
Over the past two decades, the group has built well-established brands such as TutorABC and vipJr. Its courses have also extended from English at the beginning to Chinese, math and coding. It provides more than 10 million online courses every year. Its students can be found in 135 countries and regions in the world.
Over half of Chinese businesses are concerned with Washington's regulatory oversight of foreign companies despite their growing presence in the world's biggest economy, according to the CGCC's 2017 Annual Business Survey Report on Chinese groups in the US.
Over 3,200 companies from 63 countries and regions joined the event.
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Outstanding property loans amounted to 29.72 trillion yuan (nearly .5 trillion) by the end of June, up 24.2 percent from a year ago, the People's Bank of China said in a report Friday. The growth rate retreated from the 22.3 percent seen at the end of March.
Over the next six months, Chen's son taught a four-hour lesson every week, attracting around 100 villagers. All the trainees started with the basics-photography, picture editing and how to open and operate an e-commerce store.
Outgoing European Council President Donald Tusk called the appointments "a perfect gender balance".
Over 20 people were rescued by the local citizens before the rescue teams could reach the site.