Tencent tiptoed into the retail realm four years ago, mainly taking on two major strategic plays. One features deals that involve no equity stakes. For example, it supported a "magic mirror" system for Danish apparel brand Bestseller S/A, allowing customers to view themselves in the clothes they pick, and automatically swap clothes with other recommendations, and accepting facial recognition-based payment via WeChat.
Thanks to the recovering global market demand and Chinese exporters' surging orders from foreign clients last month, especially from member economies of the Association of Southeast Asian Nations and countries and regions related to the Belt and Road Initiative, China's foreign trade rose 5.1 percent on a yearly basis in June, with exports up 4.3 percent and imports by 6.2 percent, according to data released by the General Administration of Customs.
Teens who are heavy users of digital devices are twice as likely as infrequent users to show symptoms of attention-deficit/hyperactivity disorder (ADHD), according to the study.
Thanks to supply-side structural reform, the interaction of supply and demand in markets has improved significantly in the first six months, said Yan Pengcheng, spokesperson with the National Development and Reform Commission (NDRC) at a press conference on Tuesday.
Tension between Trump and Tillerson has simmered for many months, but the president and his top diplomat reached a breaking point over the past week, officials said, the Post reported on Tuesday. It said the reason for the latest rift was unclear.
Tensions mounted on the peninsula as the DPRK demolished the inter-Korean liaison office building in the DPRK's border city of Kaesong last month in protest against the anti-Pyongyang leaflets. The DPRK has also cut all communication lines with the ROK.
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Temperatures rose above 35 C on Thursday in Shanghai and Hangzhou, Zhejiang province, and the heat will spread to the east and south, which baked for over two weeks in July.
That could mean, if one-third of the 9 million students who took the exam travel overseas and spend an average 5,000 yuan, the summer trip market could be worth more than 15 billion yuan.
Tesla has been best when it comes to the residual value of their models, according to a report by the China Automobile Finance and Residual Value Research Committee. [Provided to China Daily]
Thanks to the "global cooperation and win-win" strategy, the city has witnessed currently a world-class prosperity, Xiong said, highlighting that "this would be one of the crucial strategies that China will always adopt in the future."