Industry insiders said both Baidu and Kuaishou are engaged in a fierce battle with Bytedance, which is moving beyond its core businesses in news and video and into workplace messaging and music streaming, entering a sector currently dominated by Baidu. Kuaishou expects to expand its high-quality content and users through its investment in Zhihu.
Industry experts said group-buying is seen mostly in scenarios where demand is steady, like high-frequency grocery consumption. It is set to become a new battlefield for technology titans. E-commerce behemoths are constantly seeking new growth engines like group-buying.
India's Hafizia, which makes carpets, rugs and home furnishings, has had success in China, selling to department store operator Luolai, which has almost 3,000 stores, said director Ubaid Akram Ansari. They're eyeing the rising wealth of China's swelling middle class.
Indian Prime Minister Narendra Modi and German Chancellor Angela Merkel both delivered a veiled criticism of the growing US protectionism and isolationism during the World Economic Forum in Davos last week, although they did not call out the US by name.
Increasing high-tech imports can also reduce the country's trade surplus with the United States and Europe, according to Ye.
Indian actress Aishwarya Rai Bachchan and her daughter are in hospital after testing positive for coronavirus this week, days after her husband and father-in-law were admitted, the Times of India reported on Saturday.
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Indices for sectors including water transport, air transport, postal industry, monetary and financial services, telecom and insurance all stood above 57, indicating robust business growth.
Inbound tourists will also enjoy better services such as catered travel routes and payment facilitation, said Wang Xiaofeng, a senior official with the ministry.
In this sense, value-added international shipping services, and an airplane industrial cluster will be two focus areas of Yangshan's development plan. Integrated circuits, intelligent manufacturing, biomedicine and cross-border e-commerce will also feature in the development of the area, said Chen Yin, director of Lingang's administrative committee.
In the video, Cai often persuades her granny to have a healthy diet, not to eat too much spicy or sweet food or drink too many beverages. However, her grandmother’s retorts and persistence make the video even funnier.