Long Guoqiang, deputy head of the State Council's Development Research Center, said it is necessary for the government to properly manage and regulate cross-border investment to avoid massive fluctuations of cross-border capital flow.
Longer domestic road trips to Tibet, Gansu, Inner Mongolia and Xinjiang are also popular among Chinese tourists. About half of the domestic road trips last six to 10 days.
Livestreaming, which provides immersive experiences, personalized recommendations and an entertaining alternative to physical shopping trips, accounted for as much as 7 percent of total FMCG, apparel and electronics sales. This provides a hint to companies to analyze trends with a consumer-centric mentality and data-driven insights, said Derek Deng, a Bain partner and report co-author.
Local governments are helping to encourage a shift in catering etiquette. On Feb 10, local authorities of Beihai started a campaign promoting serving chopsticks and spoons, which will avoid cross-infection caused by the use of personal chopsticks.
Located in Mega Mall in eastern Bucharest, the first Mi Store in the eastern European country occupies 200 square meters, offering some 300 products, including smartphones, cameras, speakers, headsets, smart watches, selfie sticks, electric scooters, smart robotic vacuum cleaners and even casual backpack.
Located about 100 kilometers southwest of Beijing, Xiongan was set up three years ago as a new economic zone near the capital. It's primary task is to handle the non-capital functions of Beijing.
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Long past the usual retirement age of 60, dermatologist Sun Zengzheng walks to Wuhan No 1 Hospital in Hubei province five times a week and works for half a day.
Local media have reported that the unit will have a staff of nearly 200. Some officers with experience in investigation and intelligence gathering are reportedly undergoing background checks, the final step before being transferred to the new division.
Lizhi, a leading audio content service provider in China, is expected to list and be publicly traded in a stock market in the United States soon, according to sources with the company.
Located at the heart of Eurasia, Turkey has a customs union with the EU and an extensive free trade agreement network. Within four hours of flight from Istanbul, investors can reach 1.5 billion people in 57 different countries and have access to these multiple markets worth trillion of GDP.