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Beijing adds 390k vehicles in 2 yrs, a big drop

About 390,000 motor vehicles have been registered in Beijing over the past two years, less than half of those in 2010.

Taubman, Wangfujing establish second joint venture

US mall operator Taubman Centers Inc set up a second joint venture with Beijing Wangfujing Department Store (Group) Co Ltd, one of China's largest department store chains, to open a shopping center in Zhengzhou, Henan province, in a bid to tap the country's expanding mall market.

Growth industry

An employee displays flower seeds at the Beijing Garden Expo Licensed Merchandise Exhibition Center, which opened to the public on Tuesday. More than 100 licensed goods were on display.

Desheng Park founds expert consulting committee

Desheng Park, a sub-park of Beijing's Zhongguancun Science Park, recently founded an expert consulting committee consisting of members from different backgrounds.

Developers build foundations for global growth

Chinese property developers are increasingly looking overseas for opportunities created by the global economic slowdown.

Beijing tourism revenue up 15 pct during holiday

Beijing reaped 3.88 billion yuan (617.8 million US dollars) in tourism revenue during this year's seven-day Spring Festival holiday, up 15 percent year on year, local authorities said Friday.

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