Shi Jianzhong, secretary-general of Beijing Tourism Industry Association, told Beijing Business Today that competition in the sector will become fierce if wholly foreign-owned travel agencies participate in outbound tourism in China, adding that it is not a bad thing for a wider opening-up, because Chinese players could learn foreign management concept and promote product development and consumers will also have more choices with more affordable prices.
Shu has been a tour guide for more than three years, taking Chinese visitors to iconic sites in Moscow such as Lenin's Mausoleum, the Kremlin, and Red Square.
Shortages pose major challenges in Africa, chief of program says
Shi Jianhua, deputy secretary-general of the CAAM, said: "Chinese brands were affected first amid the continued downturn, which should improve their competitiveness and focus on long-term development."
Shining has already provided 3D printing and scanning services to over 10,000 customers worldwide. Its clients include global corporate icons such as Intel Corp, Robert Bosch GmbH and Adidas.
Shorter trips, better power access means low-tier markets have higher appetite for sector, Hao Yan reports.
北京拇外翻戴法
Shenzhen, a city in South China's Guangdong province, and all cities in East China's Shandong province, share the same timetable as Tianjin. Guangzhou, capital of Guangdong province, will be the first to put the standard in place, starting from March.
Shenzhen-based TV maker Skyworth Group is banking on such cutting-edge and innovative OLED technology to conquer the domestic TV market.
Silicon Valley in the United States took the top spot in the rankings. Eleven of the top 20 cities or urban areas on the list are from the US. The other Chinese cities that made the top 20 in the list were Beijing and Hong Kong, which were ranked ninth and 18th respectively.
Shi Jinman, an automobile analyst at Guotai Jun'an Securities, said: "The establishment of the independent brand benefits the company as the move makes it easier to reach more clients overseas. In addition, the overseas subsidiaries can work more efficiently on making decisions such as building local plants, and take advantage of BYD's digital channels to boost global expansion."