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Cooperation between Chinese and Russian large and medium-sized enterprises has proved to be successful over the years, and this time the premier is paying special attention to projects between small and medium-sized enterprises that signal bilateral ties are getting increasingly pragmatic and sustainable, and small businesses will bring more vitality to two-way economic ties, said Xu Poling, a senior researcher at the Chinese Academy of Social Sciences.

Convenience store operator Shanghai Lawson Inc opened six new stores on Aug 8 in Wuhu, Anhui province－the first city the brand entered other than the provincial capital Hefei since its debut in the province in 2018.

Costa Cruises, a unit of Carnival Corp, the world's largest leisure travel company, launched a project on Wednesday to build a cruise ship specially for the China market named "Costa Venezia", which means Coast of Venice in Italian.

Consumer price is expected to be flat this June compared to last June, while the figure will drop slightly month-on-month, since the wholesale price of pork returned to over 45 yuan per kilogram at the end of June, but the fresh fruit price dropped 30 percent year-on-year and the fresh vegetable price picked up slightly. In addition, the price of non-food commodities also has no upward momentum, said Li Chao, chief economist with Zheshang Securities.