China expects its retail sales to reach RMB 50 trillion (US$7.85 trillion) by 2025, the Ministry of Commerce said on 31st December 2021. Online retail sales are expected to account for RMB 17 trillion…
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Challenges and opportunities for the Greater Bay Area
The Greater Bay Area (“GBA”) is a China policy initiative aimed at promoting closer cooperation and coordination between 11 cities of the Pearl River Delta among which, Hong Kong, Macao, Shenzhen, and…