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Dai Bin, dean at China Tourism Academy, said the growth of the outbound tourism market is due to several factors: first, both Chinese people's willingness to travel and ability to pay have increased; second, major outbound travel destinations have strengthened market promotion for Chinese tourists and introduced more convenient visa and tax-free policies; third, innovations on island, parent-child, customized and leisure tourism products have attracted more people.

Defaulting on salaries for migrant workers will be harshly punished under a new State-level regulation that will take effect May 1, senior officials said at a news conference organized by the State Council Information Office on Tuesday.

Daimler AG is suing Amazon for patent and trademark infringement,?alleging that the e-commerce giant?illegally sold and distributed replica Mercedes-Benz wheels from a third-party manufacturer that “blatantly copy” the automotive giant’s protected designs.

Deborah Lehr, CEO and founding partner of Basilinna and vice-chairwoman of The Paulson Institute, a Chicago-based think tank and research institution, said Chinese companies are now ramping up their efforts to expand overseas.

Data of over 20 cities' CBD areas were analyzed in five areas - economy, industry, smartness, innovation and openness - and found that these areas had attracted many large knowledge-intensive and innovative international companies with strong capital control ability over the past 30 years.