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China's Mofcom Launches Five Measures To Stimulate Consumption

Jiang Zengwei, the deputy director of China's Ministry of Commerce, and Fang Aiqing, the assistant director of the Ministry of Commerce, said during an interview that China plans to boost its overall...

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Beijing Retail Sales Up 15.1% In First Two Months Of 2010

Statistics released by Beijing Statistics Bureau show that retail sales in the Chinese capital increased by 15.1% year-on-year to CNY96.77 billion in the first two months of 2010. The growth rate was...

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Toyota China's 4S Stores Accused Of Selling Uncertified Parts

According to the Zhejiang Provincial Bureau of Industry and Commerce, the Japan-based automobile manufacturer Toyota has been selling uncertified automobile parts in China. It is reported that on March...

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Yum, Sinopec Team For Restaurant Development Along China's Roadways

Sinopec Group, the Chinese petroleum and petrochemical enterprise group, and Yum Brands Inc., the parent company of KFC, Pizza Hut and many other well-know food brands, have signed a nationwide...

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Honda Seeks Acura Automobile Sales Boost In China

Guangzhou Automobile Group Company Ltd. and Honda Motor Company Ltd. signed a basic agreement to jointly conduct Acura business in China. With the signing of the agreement, the two companies will begin...

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Tesla Launches Official Online Presence For Chinese Auto Sales

Electric vehicle designer and maker Tesla has launched its Chinese official website. Via this Chinese official website, consumers can apply for test drives. They can also order Tesla's products like...

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Tesla Plans To Jumpstart Its China Business

U.S.-based electric vehicle designer and maker Tesla announced that the company is preparing for a roll-out of free charging stations in China. Tesla is aiming to support the long-distance driving of...

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Tesla Announces Model S Retail Price In China

News about U.S.-based electric vehicle designer and maker Tesla and its China plans have been coming in fast the past few months as the company revs up for China growth. The company announced the...

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China's Social Consumer Retail Sales Up 11% In October 2015

The National Bureau of Statistics of China revealed that in October 2015, China's total social consumer retail sales reached CNY2.828 trillion, a year-on-year increase of 11%. Compared with September,...

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First Wangfujing Store In East China Heads To Nanjing

Nanjing Jinxiang Group and Wangfujing Group will jointly build a 260,000-square-meter high-end commercial complex, Jinxiang City Wangfujing Shopping Center, which will be the first Wangfujing store in...

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