Xinhua | Updated: 2019-07-04 15:26VIENTIANE - China and Laos are set to boost cooperation and technical assistance in the construction of roads and bridges to facilitate the faster and safer implementation of high quality projects.Representatives of Lao and Chinese construction companies and Lao government officials gathered in Lao capital Vientiane on Wednesday to exchange experiences and get feedback on developments in new construction techniques, technology and materials.The meeting was organized by the Lao Ministry of Public Works and Transport in cooperation with Guangxi Liugong Machinery...
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Furniture World NewsBy Nic Ledoux on 6/26/2019The trade war between the world’s two largest retail markets is taking its toll, especially on China. Coupled with a slowing domestic auto market, the trade war is hurting Chinese retail sales. In the latest eMarketer worldwide retail forecast, they have cut the outlook for China and the US. As a result, China will not surpass the US in total retail sales this year, as expected in our Q4 2018 forecast. That milestone will likely not happen until 2021.As of the latest forecast, retail sales in China will grow 3.5% in 2019 to reac...
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Furniture World NewsBy Pam Danziger on 7/2/2019No two ways about it, department stores are in a heap of trouble. From 2007 to 2018, sales in department stores, excluding discount department stores, declined a whopping 32.4%, dropping from $76.9 billion to $52 billion in 2018. Only stationery and office supply (-47.4%) and bookstores (-40.2%) declined more, according to the Census Department’s Retail Trade Survey.And to add insult to injury, other general merchandisers, including warehouse clubs and superstores, rose 53.1% and electronic shopping increased 167% in the same time p...
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By Yang Yang | chinadaily.com.cn | Updated: 2019-05-28 Xiongan New Area will launch a series of supporting policies to guarantee normal flow of production and life, The Paper reported on Tuesday.To address the most practical problems for the people, Xiongan government will introduce specific policies on real estate development projects, industrial suspension projects, government investment suspension projects, and household registration relocation.In order to comprehensively and properly solve the problem of housing construction suspension in rural areas, housing subsidies will be g...
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