It is projected to cross the mark of 1 trillion yuan by 2025 and further double in scale in another decade, according to a report released by the industrial research institute of the 21st Century Business Herald in early January.

据《21世纪经济报道》产业研究所1月初发布的一份报告显示，预计到2025年，它的规模将突破1万亿元大关，并在未来十年内进一步翻一番。

But the investment idea was to promote the ecology of 3G and 4G," Shen said in an interview with 21st Century Business Herald.

但投资的想法是促进3G和4G的生态，”沈在接受21世纪经济报道采访时表示。

Before the final decision is made, which may take several months or even longer, the lawsuit will not significantly affect the financial condition and operations of the company, 21st Century Business Herald reported, citing legal experts familiar with restructuring and liquidation.

据《21世纪经济报道》援引熟悉重组和清算的法律专家的话报道，在做出最终决定之前，这起诉讼可能需要几个月甚至更长的时间，不会对公司的财务状况和运营产生重大影响。

However, there are massive opportunities for upstream and downstream jobs and we estimate that up to 10,000 people will benefit in terms of different levels of employment opportunities," Benson Xu, the company's general manager, was recently quoted by The Herald newspaper.

然而，上下游就业机会巨大，我们估计多达1万人将从不同水平的就业机会中受益，”该公司总经理Benson Xu最近被《先驱报》援引。

The company has deep insights into the service modes of hardware-based internet, abundant experience in the integration of hardware and software, an actively connected and mature ecosystem, ample cash reserves, as well as strong support from Mi fans, 21st Century Business Herald reported.

Chinese milk tea maker Nayuki expects to be "the first stock in a new tea-based drinking sector" to go public as the firm has passed the listing hearing of the Hong Kong Stock Exchange, the 21st Century Business Herald reported on Sunday.

Nayukui plans to offer 15 percent new shares, and the number of cornerstone investors will be no more than 10, said the 21st Century Business Herald.

RCEP, BRI herald massive growth opportunities for centrally administered firmsChina's State-owned enterprises will explore more business opportunities in a range of areas in the markets of the Association of Southeast Asian Nations, following the recent signing of the Regional Comprehensive Economic Partnership agreement, said business leaders.

Listed Chinese internet companies registered a total market value of 16.8 trillion yuan ($2.51 trillion) as of Sept 30, up 12 percent from a month earlier, the 21st Century Business Herald reported on Monday, quoting a study from the China Academy of Information and Communications Technology.

Alibaba was China's most valuable internet company with over 3.8 trillion yuan ($536 billion), followed by Tencent Holdings (above 3.7 trillion yuan) and on-demand services platform Meituan-Dianping (around 600 billion yuan), as per a Tuesday report from 21 Century Business Herald.

Founded in 2015, Pinduoduo has become China's second largest e-commerce platform in terms of user numbers, 21 Century Business Herald reported, posting total revenue of 30.14 billion yuan in 2019, according to Pinduoduo's annual report.

Testing kits of BGI land buy orders worldwide, herald diagnostics windfallBGI Genomics, a Chinese company specializing in DNA/gene sequencing, is offering to the pandemic-stricken world its testing kits that can detect the novel coronavirus, or SARS-CoV-2, quickly and efficiently.

Sportswear brand's push beyond metros, sneaker event herald market growthUS sportswear maker Nike is testing market potential of Chinese cities beyond Beijing and Shanghai.

Sun, himself a controversial figure, was questioned about the legal status of his two main businesses Peiwo App and Tron Network, the 21st Century Business Herald reported.

In several shopping centers, including bus stops in Madrid, large advertisements herald the arrival of the ultra-fast technology.

Xiaomi in February unveiled its new smartphone with a 5G modem to tap into the advent of the 5G era, which is expected to herald a new round of smartphone buying fever and help revitalize the increasingly saturated smartphone market.

Douyu is expected to become China's third publicly listed livestreaming platform, following rivals Inke and Huya, according to a report by 21st Century Business Herald.

China Southern Airlines announced the company will not renew its agreement with the SkyTeam and leave the airline alliance on Jan 1, marking an end of 11 years of cooperation, 21st Century Business Herald reported.

By restructuring its group-wide assets that include Little Swan, Midea will be able to consolidate its washing machine business, according to a report in 21st Century Business Herald.

According to a report in China Business Herald, since 2010, the brand saw steady growth in sales, with its annual revenue staying above 100 million yuan ($14.58 million).

Alibaba stock fell 3.7 percent on Monday after Jack Ma announced plans to hand over the chairman position to CEO Daniel Zhang, slashing $15.6 billion in company's net worth compared with the previous trading day, and making Ma's retirement plan the "the most expensive retirement plan ever", according to a report by the 21st Century Business Herald.

"This demand is quickly expanding from online to offline, which will herald a golden era for cosmetic surgery industry in the coming 10 years.

According to industry analysts, the Xiaomi and Meituan-Dianping IPOs could herald the next wave of tech listings and open the floodgates for more unicorn companies to list on mainland bourses.

Potential suitors for Bally included Chinese menswear maker Fujian Septwolves Industry Co Ltd, Chinese conglomerate Fosun International Ltd and Japanese company Itochu Corp, according to a report in the 21st Century Business Herald.

"For Chinese enterprises, the brands they bought from abroad have to be able to launch stores in the shopping malls," said Liang Yuchang, a retail analyst with UBS Securities, according to the 21st Century Business Herald report.

Gansu GHATG's securities shine, herald new path to developmentGansu Provincial Highway Aviation Tourism Investment Group Co or GHATG, the largest State-owned enterprise by asset volume in Northwest China's Gansu province, plans to sell more bonds to investors in major European economies, including the United Kingdom, Germany and France, in the second half of this year.

At an intelligent medical conference Nov 11, WeDoctor also launched its cloud platform based on the data accumulated featuring the intelligent doctor, 21st Century Business Herald said.

After Gree has a stake in FAW Xiali, the automaker, a manufacturer of economy passenger cars controlled by China FAW Group, will transform into developing new energy vehicles and no longer produce traditional fuel vehicles, the insider told Securities Daily.21st Century Business Herald also cited a FAW Xiali insider's words in its report, saying "the two sides' cooperation has been settled, FAW Xiali will make an announcement around Wednesday.

"FAW Car Co Ltd, another holding subsidiary of FAW Group, was not involved in the suspension, which may imply FAW Group has been planning to sell its assets," an industry insider said on Monday, 21st Century Business Herald reported.

A new speculation was made by 21st Century Business Herald that Dong Mingzhu may buy a stake in FAW Xiali as an individual.

Analysts said Dong might be interested in FAW Xiali because she wants to get a complete car production line and lay out the upstream and downstream of the industry to ensure the new energy vehicles project she invested landing successfully, 21st Century Business Herald reported.

Analysts believe the planned energy merger could well herald a new round of mergers among SOEs across industries.

After Wanda sell these assets, even though it is not belong to a major asset reorganization, its old prospectus also need an update, an anonymous insider of investment banking told 21st Century Business Herald on Thursday.

However, 21st Century Business Herald said it may be difficult for Wanda Commercial to give up its "real estate" tag.

The 21st Century Business Herald quoted a due diligence report from an undisclosed financial institution that said LeEco has seven business units which span smartphones, finance, sports and automobiles, but only its video-streaming unit and movie business are making money.

In the first three quarters of 2016, LeEco recorded 9.73 billion yuan ($1.43 billion) in losses, although its revenue stood at around 40 billion yuan, the 21st Century Business Herald said.

In an interview from his office on the 13th floor above the department store's iconic Herald Square flagship location, he mapped out how Macy's will capture one hypothetical customer's heart.

People wait with purchases at Macy's Herald Square during the Black Friday sales in New York, Nov 25, 2016.

According to the Korea Herald, South Korean retail group Shinsegae Group has decided to close its chain of discount supermarkets in China.

The global digital trade rules on certain articles that have already been drafted herald a promising outcome, but experts said the participating parties will have tougher nuts to crack, such as permanent exemption of tariffs on electronic transmissions and cross-border data flows, and will need more time for discussions.

Fresh measures herald gains on RCEP, ASEAN fronts, and better operationsChina's latest efforts to strengthen the New International Land-Sea Trade Corridor will boost the country's trade with fellow signatory countries of the Regional Comprehensive Economic Partnership agreement and expand interactions with other trade partners across the world, Customs officials said on Friday.

China's "smart-manufactured" home appliances amazed foreign businesses at the 133rd China Import and Export Fair, also known as the Canton Fair, in Guangzhou, South China's Guangdong province, said the 21st Century Business Herald on Monday.

Per capita household savings exceeded 200,000 yuan ($29,342.60) in Beijing and Shanghai for 2022, becoming the only two regions in China exceeding that amount, the 21st Century Business Herald reported on Tuesday.

China's Spring Festival consumption recovers in various industries, demonstrating the resilience of the country's economy development despite the impact of the COVID-19 pandemic, according to the 21st Century Business Herald.

The Chinese Ministry of Commerce released three reports to encourage foreign investment and a Catalogue of Industries for Encouraging Foreign Investment is expected soon, the 21st Century Business Herald reported on Wednesday.

According to a report in the 21st Century Business Herald, as of Thursday, more than 180 property projects in a dozen provinces and autonomous regions across China were involved in the issue.

China's carbon emission trading market will celebrate its one year anniversary on July 16 of this year, the 21st Century Business Herald's app specializing in finance and economics reported on Friday.

- Expanding business volume, growing new orders and faster capital turnover, China's logistics market, a closely watched herald of economic operation, is making a comeback into the boom zone after being weighed upon by the COVID-19.

The number of Global 500 companies' headquarters in the Guangdong-Hong Kong-Macao Greater Bay Area surpassed the New York Bay Area for the first time, the 21st Century Business Herald reported on Monday.

China's economy will continue to perform well, with the annual growth forecast above 8 percent, said 21st Century Business Herald, citing some institutes on Tuesday.

Ding Shuang, chief economist for Greater China and North Asia at Standard Chartered Plc in Hong Kong, said the main problem in the country is the service sector, which has not reached the pre-epidemic growth rate.21st Century Business Herald cited the institutes as saying that China's CPI will be moderate throughout the year, and the indicator will not exceed the government's 3 percent target.

The total retail sales of consumer goods in China's 22 cities with GDP above 1 trillion yuan hit 14.65 trillion yuan ($2.27 trillio) in 2020, accounting for 37.4 percent of the total retail sales of consumer goods nationwide, according to an economic research institute of 21st Century Business Herald.

The number of China's potential unicorn companies hit a record high in 2020, totaling 425 across the country, with over 70 percent in Beijing, Shanghai, Suzhou, Hangzhou and Shenzhen, a research said Tuesday, 21st Century Business Herald reported.

Compared with increases of the PMI for medium and large enterprises, small manufacturers saw PMI contract to 48.8 in May from 50.8 in April, indicating a structural differentiation of the economy, said Liu Xuezhi, a senior researcher at Bank of Communications' Financial Research Center, as reported by 21st Century Business Herald.

As Australia's current administration sees a sour relation with China, however, Australia's Defence Minister Peter Dutton said his department had been asked to "come back with some advice" about the 2015 deal in an interview with national broadsheet Sydney Morning Herald early this month.

"With the rise of China, it is only natural to see some leading local brands emerge that herald the latest consumption trends worldwide.

Eight out of 10 working mothers spend 8 to 10 hours on work per day, while 71.6 percent of them contribute more than 30 percent of household income, according to a recent report released by online job-hunting platform Liepin, 21st Century Business Herald reported on Sunday.

A bumper Lunar New Year holiday week offers hope and positive energy to the world, and analysts expect China's economic recovery will herald a stronger Year of the Ox, media reported.

China' economic recovery will herald a stronger 2021, Reuters said and analysts expected China's economic growth to rebound to 8-9 percent this year.

China's financial hub Shanghai took the crown on the list of China's top 10 cities by consumption last year, followed by Beijing and Chongqing, according to the 21st Century Business Herald.

Shenzhen, a first-tier city in South China's Guangdong province, has become the most attractive city for talent this year, followed by Hangzhou and Shanghai, 21st Century Business Herald reported citing the latest report from Maimai, a social networking app for office employees.

A resurgence of multilateralism and globalization is likely to herald a new era for the BRI, buoyed in part by surging demand for infrastructure hampered by the COVID-19 pandemic, said Wang Huiyao, founder and president of the Center for China and Globalization.

Total research and development (R&D) expenditures of China's four first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen reached 576.4 billion yuan in 2019, accounting for 26 percent of the total, the 21st Century Business Herald reported.

Shenzhen opened four new metro lines on Wednesday, extending its total subway network to 411 kilometers, the 21st Century Business Herald reported.

The new opened lines are Phase III of Line 2, the South Extension of Line 3, Phase III of Line 4 and Phase I of Line 8, according to the herald.

It is widely believed this special taxation will not enter legislative process at least before 2025, according to a report in 21st Century Business Herald.

Chinese firms ace brain-computer interface field, herald gains for several industriesWhen sci-fi meets China's high-tech business, reality can be better than fiction, generating benefits and gains for a plethora of industries and society at large, creating industry alliances, and giving the nation a leading role globally in a futuristic field pregnant with macroeconomic implications.

As reported by China Business Herald New Weekly, currently more than 100 Chinese enterprises are participating in the R&D of COVID-19 preventative oral medicine and there are more than 150 R&D projects.

Helpful policies, release of pent-up demand herald stability in property pricesThe property market recovery continued in February as more Chinese cities reported a month-on-month growth while the year-on-year decline narrowed in lower-tier cities, official data showed on Thursday.

"We forecast the Chinese snack market to expand to 2 trillion yuan in the forthcoming 10 years through 2035," Wang said, citing a joint report by Doc&Doc Strategy Consulting and the industrial research institute of the 21st Century Business Herald.

Xu Jiajun, head of a sports equipment manufacturer in Huzhou, Zhejiang province, told China Business Herald that his company has seen a better-than-expected business performance, buoyed by increasing enthusiasm for the sport among domestic consumers.

Eight out of China's top ten ports witnessed positive growth in the first half of this year, 21st Century Business Herald reported on Thursday.

Despite a nationwide pickup in the mortgage rate for home purchases, some commercial banks in Guangdong province's Guangzhou and Foshan have cut home loan interest rates and sped up the processing of first-time loan applications, the 21st Century Business Herald reported, citing sources including property research institution CRIC and the Securities Times.

The 21st Century Business Herald estimates that under current benchmark prices for coal-fired power generation, onshore wind and solar projects can achieve internal return rates of 8 percent to 9 percent.

More than 20 integrated circuit companies have raised prices of their products and manufacturing services starting April 1, ranging from semiconductor material plants to chip design and manufacturing facilities, according to data compiled by the financial news outlet 21st Century Business Herald.

The current price increase for driver integrated circuits, for instance, is about 10-15 percent, 21st Century Business Herald quoted industry insiders as saying.

Well-developed in e-commerce, Hangzhou stands out for its first mover advantage, since the city's merchants have a good nose for the market and are already tuned into and turned onto livestreaming, said Cui Lili, director of the Institute of E-commerce at Shanghai University of Finance and Economics, in a report issued by 21st Century Business Herald in July.

Based on passenger throughput data from the first eight months of 2020, the news website 21st Century Business Herald ranked the top 10 airports in the country, and said passenger throughput growth in August showed a significant rebound compared with figures from January to August.

The domestic aviation market expected to return to normal by the end of 2020, and would boom further as the epidemic gets under control, the 21st Century Business Herald said.

Chengdu Shuangliu International Airport ranked first in terms of passenger handling capacity during the first half of the year, 21st Century Business Herald reported.

Revenue of Tik-Tok in May surpassed $95.6 million, nearly 10 times of the same period last year, said a report from 21st Century Business Herald.

A report from the 21st Century Business Herald said TikTok is enjoying increasing popularity among US teenagers.

Hangzhou in East China's Zhejiang province and Guangzhou in South China's Guangdong province are now taking the lead in the all-the-rage business, according to a Thursday report from 21st Century Business Herald.

limitless possibilities herald multibillion-yuan sectorArtificial .

The payment figure is the equivalent of having every Chinese person order about 1,000 yuan worth of merchandise, 21st Century Business Herald said in a Wednesday report.

China Merchants Bank reached a record high transaction volume of 50.6 billion yuan during the shopping extravaganza, a year-on-year increase of 16.5 percent, according to 21st Century Business Herald.

The company told China Business Herald that China has become the company's biggest market.

Chinese companies only accounted for 16 percent, merely half of Japanese companies, said the news website 21st Century Business Herald, citing Dai Bin, a China-based mobile analytics firm App Annie's.

China's metro system has seen burgeoning growth over the past decades, with up close to 4,600 kilometers built since the country's first subway line opened in Beijing back in 1969, according to the 21st Century Business Herald.

While over 600 billion yuan ($86.69 billion) invested into the sector in more than 30 cities last year, only a few cities managed to break even, according to the 21st Century Business Herald.

This year could herald such changes.

Besides the Palace Museum, the night tour business has gained footing in some tourist cities in China, forging a new industry format, according to a report from 21st Century Business Herald.

China's central region's real estate investment and sales remained high during the first three quarters, however, the market showed signs of consolidation, 21st Century Business Herald reported.

And the posture, which seems to herald glad tidings for high-end lifestyle, wellness and fitness businesses, is in full evidence at lucrative yoga studios that are mushrooming across China, industry insiders said.

Beijing's new airport could face a similar situation, Yu said, as cited by 21st Century Business Herald.

This will be an inescapable trend, and the sector is expected to speed up its integration," said Mei Xin, an analyst at Huatai Securities, according to the 21st Century Business Herald.

Anticipated entry of MNCs to herald quantum leap in gas stations' offeringsInsiders of China's fuel retail industry are an excited lot these days, and they use an analogy to describe what they see as the coming epochal change.

This is a misunderstanding and SMEs should be the main body of scientific and technological innovation because they tend to have the highest level of innovative vibrancy, Wang Jian, an academician of the Chinese Academy of Engineering and also chairman of the technology steering committee at Alibaba Group Holding Ltd, told the China Economic Herald.

As chatbot ChatGPT has garnered global attention, more than 10 Chinese tech giants announced their ChatGPT technical storage and ChatGPT-like products and services, according to a report by 21st Century Business Herald on Wednesday.

The annual report was released on Thursday by Nielsen and the auto research institute at the 21st Century Business Herald newspaper.