Wang Jianlin, China's richest man and the head of real estate conglomerate Dalian Wanda Group, said that he will set up a multibillion-dollar investment fund to put capital into all of Hollywood’s "Bix Six"studios while he seeks to buy one of them.
A foreign trade forum focusing on cross-border e-commerce was held on Oct 31 in Qingdao, Shandong province, marking the official establishment of Alibaba's cross-border location-based services center in Qingdao.
Recently, the Department of Commerce of Shandong province announced its second batch of new foreign trade enterprises, with the Jimo International Trade City and Cross-border E-commerce Industrial Park on the list.
Along with their increasing personal incomes, Chinese people are now more concerned with issues relating to wealth management, including wise ways to invest and how to increase the value of their portfolio.
Qingdao, a coastal city in East China's Shandong province, recently earned a place among China's international financial hubs, two years after its plan to build a wealth management pilot zone received central government approval.