With an investment of more than 3 billion yuan (6.98 million), the 340,000-square-meter mall, officially known as Shanghai Nanxiang Incity Mega, contains more than 400 retail brands covering the areas of fashion, dining, life and social, entertainment and culture, families, health and leisure activities.
With a registered capital of 8 billion yuan (.16 billion), the new entity is 50-percent controlled by Ant and has a consortium of investors, including Nanyang Commercial Bank and Cathay United Bank (China) Ltd, said Jiangsu Yuyue Medical Equipment&Supply, a minor stakeholder, in a regulatory filing on Saturday.
With Beijing's 15 bike-sharing companies together operating 2.35 million bikes across the city, new additions have been banned.
With China also committing .4 trillion to new technology over the next six years as part of its post-COVID-19 recovery plan, the world's second-largest economy is moving from being a rapid basic-process innovator to one making blue-sky breakthroughs in a number of fields.
With a 43 percent share, OnePlus also topped other Indian high-end smartphones in the second quarter of this year.
With faster economic expansion and a better employment picture, China's per capita disposable income grew 7.3 percent last year.
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With Geely's help, Proton launched five new models over the past year including the popular X70 and saved at least million in costs, said its chief executive Li Chunrong in an interview with Reuters.
With a string of domestic blockbusters, Chinese-language movies scored a new high at the box office in the first half of this year, increasing nearly 80 percent year-on-year, according to the China Film Administration.
Will Leonardo Di Caprio and Kate Winslet lend some glamour to the launch?
Will Seattle become a one-bike town? Spin’s future in city uncertain under new ordinance