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Capital Outlets is one player that stands out from the competition, based on the strength of its innovative business model, which has shifted it from a shopping center to a lifestyle center.

Central bank officials called the sovereign digital currency the digital currency and electronic payment, or DC/EP. The latest information from the central bank was that some pilot areas will be chosen for the DC/EP experiments.

Chang'an Automobile Co. Ltd., one of the major car-makers in the country, faces similar problems. To push the envelope, the company has made inroads in the smart car sector, hoping to give a boost to its development.

Changing attitudes mean young Chinese women no longer expect or even prefer their husbands' income to be higher than theirs, and instead are eager for career advancement and financial independence, a survey has found.

Chang believes Amazon has big opportunities in this respect. So, she is not unduly intimidated by the big reputations and entrenched presence of local giants.