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Category archives: Business

COPENHAGEN - Perhaps few people have heard of the city of Billund in the west of Denmark, but the Lego bricks, which were born in this small town, have already become popular all over the world. In the 12,000-square-meter Lego House in Billund, waterfalls, dinosaurs, giant plants and other landscapes are built with small Lego bricks. Nowadays, these ideas can also be found thousands of miles away in China. During China"s National Day holiday last month, Lego Group opened its world's largest flagship store in Guangzhou as the company continues to expand in the Asian country. As of June, Lego

BEIJING -- China"s fixed-asset investment in the transport sector maintained stable growth in the first three quarters of the year, official data showed. In the January-September period, total fixed-asset investment in the sector exceeded 2.5 trillion yuan (about $391.19 billion), according to data from the Ministry of Transport. The figure represented a 2-percent year-on-year increase and put the two-year average growth at 5.9 percent. In breakdown, highway investment exceeded 1.8 trillion yuan, increasing 4.9 percent from a year earlier. Investment in inland waterways exceeded 50 billion yuan, up 9.7 percent year-on-year, while coastal waterway investment surged 24.4 percent from a

LONDON-Hefty consumption driven by the middle-income group, steady economic growth amid the COVID-19 pandemic, and huge green investment collaboration are among the reasons given by British business leaders for their confidence in the resilience and vitality of the Chinese economy. To reduce the impact of the pandemic, British luxury goods manufacturer Rapport London shifted its focus to the digital economy, seeing strong double-digit growth in its online business across the world, especially in the booming online market of China. "The Chinese market is set to become the largest luxury market by 2025, and we want to be a part of