China will need 6,810 new aircraft over the next 20 years, which are estimated to be valued more than USD 1 trillion, according to Boeing's projection.
Lufthansa claims its vision for a radically overhauled new distribution strategy for the group could be in place by 2019.
Localisation of product and team isn’t seemingly enough for any foreign meta-search engine due to the sheer scale of intermediaries that are already established in China.
Chinese tourists spent around USD 74 million per day on holidays in the US last year. Fashion retailers make up almost one-third of the spending.
China's high-speed railways now exceed 20,000 km in length with the opening of a line linking Zhengzhou in central China with Xuzhou in eastern Jiangsu Province.
Airports in Beijing and Shanghai represent new and arguably preferred alternatives to traditional transit stops like Tokyo, Seoul and Hong Kong in linking US and Europe to Asia.
Chinese outbound tourists and growth of shared accommodation are reshaping the Asia Pacific tourism and hospitality sector.
China's outbound tourism has entered a period of “rational increase” - slowing down - but will continue mounting steadily in the next five to ten years.