Overseas contractors are actively seeking new customers in markets they previously had less involvement with, including Europe and Latin America, as total revenues surged by 17.6 percent in 2013 compared with a year ago, a national trade organization said on Feb 27.
The latest phase of China's economic restructuring is prompting domestic enterprises to invest overseas or carry out foreign mergers and acquisitions, experts say.
Huge crowds and busy days were something that the 25-year-old Zhu Meifang had not envisaged when she took up employment at the Starbucks outlet in Zhoushan Islands New Area last year.
Though Zhoushan has a vibrant marine economy, it is the sea and fish that have left lasting impressions on its people and businesses.
In 1972, when the US president Richard Nixon and his wife Pat Nixon visited China for the first time, premier Zhou Enlai received them. At a banquet, he offered the US First Lady a packet of Panda cigarettes. She politely
"Because of social media, they are not able to hide unethical behavior. It does not matter whether you did it yesterday or 10 years ago because today, everything is discoverable. There are no secrets."
Technology
Going to Nigeria 10 years ago has helped Wang Jianping turn what was once a modestly-sized shoemaker in Wenzhou, Zhejiang province, into a manufacturing phenomenon that has left its footprint all over Africa.
China's slowing economy, as well as the government anti-corruption campaign, have weakened the growth of many international companies. Experts predict dimmer prospects for consumer spending this year.
A famous Chinese saying states a man should be steadfast at the age of 30. When Zhang Shishi, Yang Yifu and Li Xinhe turned 30 this year, they were definitely steadfast regarding their business of peer-to-peer lending.
It began life in 1950 as the first producer of heavy equipment in the infancy of the People's Republic of China. Retired workers proudly call it "the oldest son of the republic", which itself came into being just a year earlier.
A renminbi clearing bank in London is on the horizon, the UK chancellor of the exchequer said on Feb 20. The move is expected to boost the supply of yuan products in Europe and boost the development of the offshore renminbi market.
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