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Wealthy Beijingers buy foreign homes

A salesman from Refined Resort Residences promotes a real estate project to a visitor. [Photo/China Daily] Strict policies introduced by the government to cool the rocketing real estate market in Beijing have led many of the city's richest residents to look overseas for their ...

Ancient palace goes modern for marketing

Beijing's Palace Museum within the Forbidden City may be all about the past but it is taking a modern approach to marketing and embracing the Internet. Having opened on Taobao.com, China's largest online shopping market, the museum's authorized online flagship store is offering ...

New 'international business center' to convert crime area

Beijing is offering cash prizes for designs to turn a crime-infested suburb into an international business hub. According to a "worldwide" invitation posted on the Internet over the weekend, architects are required to submit designs before April 1 that can transform a 6.2 sq m ...

Gallic charm to revive town

A woman carries a girl in the French-style new town of Bailu, Pengzhou, Sichuan province. Cui Meng / China Daily Quake-hit Bailu hopes tourists will flock to French-style development PENGZHOU, Sichuan - Yang Qinggui plans to learn how to cook some simple Western dishes and design ...

Robust rise in Chinese wages through 2015

The booth of China Merchants Bank at a financial expo in Shenzhen, Guangdong province. China Merchants Bank Co, Dongfeng Motor Group Co and Tencent Holdings Ltd are some of the companies that may benefit most from the increases in consumption, Credit Suisse said. [Photo / China ...

Nest Eggs

Sun Yanfeng and Wang Siqi meet real estate agents twice each month. [Photo / Provided to China Daily] Shanghai For this engaged couple, buying a house is the first step to security in a city of sky-high real estate prices, they tell Wu Yiyao. Sun Yanfeng, 25, is about to get ...

Tiny homes hit a big problem

Designer Huang Rixin in a capsule apartment. [Photo / China Daily] Change in rules mean they must go - and no one wants to buy them The third generation of Huang Rixin's "capsule apartment" project - which aimed to offer tiny living spaces for small rents to ease the housing ...

Huge future for online businesses

Lu Bowang, managing partner of China IntelliConsulting Corporation, shares his opinion of e-commerce development in China with METRO. The company has been publishing in-depth reports of online shopping and online payment in China since 2006. Q: The Beijing Tongzhou district ...

Big realty program to solve house woes

SINGAPORE - Chongqing plans to build some 30 million square meters of public housing for 1.5 million city dwellers over the next three years, in order to tackle an acute housing shortage and stabilize rising property prices, said Huang Qifan, the city's mayor. "Commercial housing ...

The property billionaire who shuns publicity

Wu Yajun Wu proves that women can make it in sector traditionally dominated by men Longfor Properties president Wu Yajun is not only the richest woman in China but also the person in the country's real estate industry of whom least is known. After Longfor made its debut on the ...

Student entrepreneurs get support amid bleak job market

Hu Xiaofeng (left) and Cai Weiqing from Shanghai Jiaotong University are happy to receive a 100,000-yuan grant from L'Oreal China under its Fund for Students Employment and Entrepreneurship. [China Daily] Hu Xiaofeng of Shanghai Jiaotong University can often be seen racing around ...

Mobile videos open up new vistas for websites

Video websites are now targeting the mobile video market to shore up revenue and complement their traditional PC video services even as 3G networks have started to make further inroads in the country. Gary Wang, CEO of Tudou.com, China's leading video website, told China Daily ...

E-commerce volume surged to 2.25t yuan in H1

A woman looks at UC browser's mascots at the China Internet Conference 2010 in Beijing. [Liu Zhe / For China Daily] BEIJING - China's e-commerce industry is expected to see rapid growth in the next few years, with the average annual growth rate surpassing 35 percent, a top ...

Building a more environmentally-friendly future

Solar panels add to the tower's green credentials. [China Daily] It may not be the tallest building in the Pearl River Delta region, but it could be one of the few that aims for a lofty goal: zero net impact on energy consumption. Construction of the Pearl River Tower, located in ...

Finding a Gap in the market

Customers walk past the GAP store in Beijing APM, Dec 5, 2010. [Photo / Asianewsphoto] Apparel retailer uses online presence to promote its wares, services BEIJING - It's a common scene in Gap Inc stores for shoppers to point at pictures they are carrying and tell assistants: "I ...

Tyco Electronics looks for bigger strides in China

Company representatives present at the 10th anniversary business meeting of Tyco Electronics and the Beijing HuiTong Data Co Ltd. From left: Neville Lai, regional business director of Tyco Electronics' enterprise networks business unit; Alan Clarke, president of Tyco Electronics' ...

Harrods in talks to open Shanghai store

Harrods department store in London. [Suzanne Plunkett / Bloomberg] SHANGHAI - London-based luxury department store Harrods is holding talks with the Shanghai municipal government on the opening of its first store outside the United Kingdom in the historic Bund area. The British ...

US eyes Chinese Net shoppers

Taobao.com has long been a platform for luxury items purchased abroad to be resold to domestic consumers. Export Today plans to provide logistics services through a partnership with the e-commerce giant and provide US products easier access to the Chinese market. [Photo / China ...

Renovation projects help build market

A worker walks in front of the housing development project Chaoyang Shoufu yesterday. [China Daily] Unfinished buildings, known as lanweilou in Chinese or rotten-tail buildings, are being revived amid the booming real estate market in Beijing. Located in Chaoyangmen area near the ...

L'Oreal finances young entrepreneurs

Winning teams receive their L'Oreal Fund for Students Employment and Entrepreneurship award. The French cosmetics company set up a specific fund to encourage Chinese university students to start up their own businesses. [File photo] In 24-year-old Zhang Xuhao's mind, if there is ...
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world

market

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finance

company

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industry

trade

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