The road became home to the city's first shopping street after several broadening projects and the opening of big department stores. It has seen many firsts in the city's modern history: the first electric lamppost in 1882, the first tram line in 1908 and the first escalator in a department store in 1936.
The rise of online bookstores has also hit the sector hard. A few years ago, bookstore owners found it profitable to purchase low-priced "worstsellers" in bulk from publishing houses and then sell them on. However, the same books now retail at much lower prices on online stores, with the inevitable result that profit margins at physical stores are being further eroded, she added.
The resurgence of interest in vinyl also underscores the fact that the country has become a dynamic force in recorded music.
The report, released by top communication group WPP Plc, global consulting agency Kantar Millward Brown and tech heavyweight Google Inc, identifies and ranks Chinese companies' performance in overseas markets. It combines data from seven countries and more than 395,000 consumers.
The ruling camp has secured an absolute majority, with 180 seats in the 300-member, single-chamber parliament-up from 120. The main conservative opposition coalition won 103 seats, the National Election Commission said.
The revelations about the U.S. government’s cyber-spying program this week centered on reports that the NSA and the FBI are routinely accessing data from major tech companies to feed intelligence operations, leveraging the fact that much of the world’s online traffic flows through domestic servers.
西安半飞秒手术过程
The revenue of the industry reached 1.46 trillion yuan (0 billion) with decrease narrowing and gradual recovering trend in the first six months, according to a report on resumption of work in the catering sector.
The rise in ownership of nonworking animals is driving the market for genetically identical replicas. Yang Wanli reports.
The revision also touches on some business requirements. For instance, the branch banks of a foreign bank which has also set up wholly-owned foreign banks or joint-venture banks in China can only engage in wholesale business.
The report, entitled Overseas Property Needs of Chinese HNWIs 2017, was jointly published by the Global House Buyer and the Hurun Research Institute.