Airbus said it will again deliver more than 100 aircraft to China this year, and estimates more than 5,300 aircraft will be required by China in the next 20 years.
The Australian government will extend the validity of multiple-entry visas for Chinese from one year to three years.
China Southern Airlines has made more in the first quarter of this year than the whole of last year, reporting estimated net profits of RMB1.8-2 billion for Q1.
Baidu and Sequoia Capital have been investing in both Tiantian Yongche and 51 Yongche, making a showdown between the two startups imminent.
Major Chinese property developer Orient Victory Group plans to acquire 49% equity in China Comfort Travel for RMB441 million.
China's tourism industry is expected to record RMB1.7 trillion revenue in the first half of this year, China Tourism Academy (CTA) projects..
Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
Home Inns will expand its Homeinn Plus hotels by 80 to 100 properties this year, as well as launch its Qiake-in guest platform.
