The world's most expensive brands have huge outlets targeting China's new urban elites.
But now the greater concern is making sure it doesn't get left short-handed because of China's New Year holiday.
Yet China's new policy shift may end up having a greater impact than the rocket-propelled diplomacy of four years ago.
The committee members added that "China's new status must entail increased responsibility".
And members of China's new middle class are embracing both state-of-the-art technology to transform their economy and 5, 000-year-old superstitions to support their lives.
CNN: ASIANOW - TIME Asia | China: Inside China's Search for Its Soul
Also at the meeting were China's new finance minister Lou Jiwei, U.S. Ambassador Gary Locke, an assistant Chinese foreign minister Cui Tiankai, and other officials of both governments.
Thanks to this combination of labour mobility and a preference for young workers, a growing proportion of China's new economy is in the hands of people under 30.
The case is set to be a big test of China's new bankruptcy law, which came into effect in 2007 but has rarely been applied to overseas-listed companies with assets in China.
Turning back to New Year festivities, The Beijing News recaps the highlights of Saturday's China Central Television's New Year evening gala, one of the most-watched television shows on Earth.
All in all, China's Lunar New Year is shaping up to be a Leaner New Year.
Studio executives believe China Film's new policy could reduce by 8% their theatrical revenue in coming years from the world's fastest-growing movie market, potentially costing them millions of dollars.
The stock sale, Goldman's sixth since 2009, completes the firm's exit from China's biggest lender ahead of new international capital rules that ratchet up the cost of holding stakes in other financial companies.
Perhaps more unsettling: The U.S. and China struck a deal allowing up to four new U.S. passenger carriers to fly into China within the next several years, starting in 2005.
Of China Mobile's 14m new customers in the first half of this year, 95% took this option.
Visit China's huge, new shopping malls and you find quite a lot of shops are empty, collecting dust.
The same applies to China Central Television's new headquarters in Beijing.
Malaysia will only resume imports of China's poultry when China is able to contain the new avian flu subtype and is declared free from the strain, Nazahiyah Sulaiman, spokeswoman at Malaysia's Department of Veterinary Services (DVS) said.
It called for the printing of US dollars to be supervised internationally and repeated China's contention that a new global reserve currency might be needed.
Asked about China's call for a new global reserve currency, Cable said it would be "a sensible way for the world to move" but that it would not happen quickly.
China is financing ESL's new vessels, which will have improved cranes and holds for handling more complex cargoes, such as the colossal turbines needed to build Ethiopia's new hydroelectric dams.
China's foreign ministry dismissed the New York Times' accusations as "groundless" and "totally irresponsible".
Mr. He, the consultant, said he expects China's poultry business to face new pressure to consolidate smaller operators into bigger ones that are easier to monitor.
Mr. He, the consultant, said he expects China's poultry business to face new pressure to consolidate smaller operators into bigger companies that are easier to monitor.
Company officials believe that by raising the expectations of Chinese customers, Caterpillar can steer China's equipment industry toward a new business model that favors Caterpillar's service-oriented approach.
The power stations frantically being built in China to feed the country's new electricity grid will be relatively efficient and thus less polluting than older coal plants around the world.
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Global Times endorses China's vote yesterday supporting a new UN resolution on sanctions, but reminds the outside world that Beijing is "caught in the middle" with its "thankless" task of mediation.
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