Beijing’s central business district plans to double in size and this plan may involve the relocation of 10,000 households. The government will expand by 3-sq km from the East Third Ring Road near Guomao to the Four Ring Road near Sihui Bridge and it will be completed in the next 6 to 8 years.
This project will attract more major multinational corporations and create 100,000 new jobs. The Chaoyang district government, which is overseeing the project, is keen to turn more Read more…
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business, CBD, China, economy, expansion, government, household
Suning is going to expand its rural market by taking advantage of the government’s rebate programme for household electric appliances. Suning is currently the second largest electrical appliances retailer, immediately after Gome. And through this effort, it is making an attempt to beat Gome in this war.
The company will open no less than 1000 shops, of which a small amount will belong to Suning, while the rest will belong to those who invested in Suning’s brand shops. These newly opened stores are to meet the rural residents’ needs by occupying smaller areas Read more…
Popularity: 1% [?]
China, economy, government, household, market, programme, Suning