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"For example, generally Chinese consumers don't want to wait for too long," he said, adding that Chinese retail companies were more engaged with the consumer, and thus were able to provide better and faster service. "If you want to pay, you take your phone and use WeChat (the online payment portal) and you can finish your shopping in an hour."
"Free baozi and porridge is offered to sanitation workers and poor customers who ask for them," said Wang. "They are paid for by other customers in advance when they buy their own meals."
"Fueled by the Double 11 online shopping festival, businesses of delivery services, telecommunications, and internet software notched a rapid growth in November, with their subindices reported at more than 56," said Zhao from the NBS. The country's financial sector also registered solid growth, lifting subindices of the banking, securities, and insurance industries up to more than 60, he added.
"Growth pace of the broader measure of credit is gradually getting closer to the nominal GDP growth rate," a crucial change that reflects effective deleveraging, according to Xing.
"Guangdong's vast market and sound business environment are reasons why BASF chose the province for the project," said Stephan Kothrade, president for Asia-Pacific and China operations at BASF.