Growth in retail sales is expected to be flat this year at 13 percent, with most of the momentum coming from rising incomes and relaxed one-child policies, a retail industry report from a government think tank says.
The US electric-car maker Tesla Motors says it will launch a nationwide charging and service network for its electric vehicles this year.
International travelers and businessmen applauded Chengdu's 72-hour visa-free policy, which started in September 2013.
When the world's fastest supercomputer, Tianhe-2, was introduced last year to Guangzhou, the capital of Guangdong province, many scientists and researchers believed it would help boost innovation and upgrade traditional industries in the southern province.
Imports and exports from Guangdong province, which account for nearly one-quarters of the country's trade, will face more pressure this year after the southern economic powerhouse reported a sharp drop in trade numbers during the first quarter, say local government officials.
"Our cargo planes do a lot of night flying to deliver packages on time. And we have to apply strict security procedures at all times."
Finance
A frica's industrialization and the multitude of infrastructure projects throughout the continent are giving Chinese heavy equipment maker Sany Group huge scope to reinforce its growth strategy outside China.
Shanghai-based Zendai Group, the parent company of Hong Kong-listed Zendai Property Ltd, will invest more than 80 billion rand ($7.6 billion) over the next 20 years to develop a mixed-use property project in Johannesburg.
With the global hunt for energy now shifting to more unconventional sources such as shale gas, coalbed methane and shallow oil prospects in deserts, engineering companies are finding that it pays to have drilling rigs that are sophisticated and highly mobile.
Orders placed at China's largest international trade fair, running from April 15 to May 5, will likely stabilize in the shadow of recent sharp export declines.
As a complement to the twice-yearly China Import and Export Fair, known as the Canton Fair, the Internet site e-cantonfair.com will offer services to all global buyers during its spring session that started on April 15, a senior company manager says.
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