The China unit, which operates 150 outlets, opened its first concept store on Sept 23 at a signature shopping center in Beijing; the unit plans to open 45 more concept stores in the future. That kind of ambitious strategy stems from fast growth-15 percent last year-in the country.
The Caixin China General Manufacturing Purchasing Managers' Index came in at 53.6 for October compared with 53.0 in September. It was also the highest reading since January 2011, according to survey data released by media group Caixin and information provider IHS Markit. A PMI reading above 50 reflects economic expansion, while one below 50 indicates contraction.
The Chinese Heritage initiative is a nod to the strong Chinese culture in the Bay Area, the team said in a statement.
The China-UK "Golden Era" 2.0 is our shared goal. To reach this goal, we must not entertain impractical notions or indulge in rhetoric. We should get down to tireless work.
The ChiNext Index, China's NASDAQ-style board of growth enterprises, increased 1.08 percent to 1,563.79 points.
The Chinese government has also issued policies to promote the use of modern agricultural machinery, such as offering subsidies to encourage the use of drones in agriculture.
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The China Securities Regulatory Commission is planning to relax trading rules for foreign investors and to expand their investment scope by allowing them to trade derivatives such as financial and commodities futures and options. The regulator is expected to finalize the rules by the end of this year.
The Capital Region Ring Expressway, a 1,000-kilometer-long highway linking Beijing and its neighboring cities, will open to traffic this month, Hebnews.com reported on Friday.
The Centers for Disease Control and Prevention (CDC) on Thursday confirmed the first case of the coronavirus spreading from one person to another within the United States.
The Central Committee of the Communist Party of China, the State Council and Central Military Commission jointly sent a congratulatory letter to the Chang'e 4 mission team.