Industry insiders said the new measures will instill market vitality and create new development opportunities.
Information safety
Industry insiders noted that this IPO has the same goal as Tencent's overall investment strategy, which aims to gain revenue through tapping into diverse vertical areas, including social media, e-commerce, entertainment, gaming, as well as New Retail.
Industry statistics showed the price of raw paper has risen to 5,000 yuan (4) per metric ton-which increased by nearly 70 percent within the year-and put great pressure on carton manufacturers as well as caused carton shortage throughout the country.
Industry insiders now expect a series of mergers or restructuring to solve debt problems that are "extremely high" in these key players.
Incense-maker Pu Lianggong selects spices. [Photo/Xinhua]
泛目录出租
In those industries, local players competed well, or even outcompeted, foreign brands in the China market. In fact, Chinese brands such as Haier, Gree and Geely found high acceptance even among consumers worldwide.
Indonesia is prone to quakes as it lies on vulnerable quake-affected areas called "the Pacific Ring of Fire."
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Increasingly, Chinese cross-border shoppers are looking beyond giant marketplaces such as Tmall and JD and are shopping on retailer or brand-owner direct-to-consumer (D2C) online stores, which can offer greater personal engagement.