Nationally, coordinated development means comprehensive regional initiatives integrating multiple provinces and cities, such as the Yangtze River Economic Belt and the Beijing-Tianjin-Hebei province urbanized region. Internationally, coordinated development means the Belt and Road Initiative, involv...

Coordinated Development is the second of the Five Major Development Concepts, President Xi Jinping's guiding strategy to transform China's economy. In order to optimize economic development, both the efficient allocation of resources and equitable access to resources are essential. Historically, fro...

Legend Holdings Ltd, the parent of personal-computer giant Group Ltd, spent 400 million yuan ($63.32 million) on Saturday to buy Kongfujia Group, a well-known Chinese liquor company. Kongfujia's management team will not change. Kongfujia Chairman Qiu Zhenxin declined to tell how many stakes they s...

Legend Holdings Ltd, the parent of personal-computer giant Group Ltd, spent 400 million yuan ($63.32 million) on Saturday to buy Kongfujia Group, a well-known Chinese wine company. Kongfujia's management team will not change. Kongfujia Chairman Qiu Zhenxin declined to tell how many stakes they sol...

Alliance Boots, the owner of Europe's largest pharmacy chain, said on Sunday it will buy a 12 percent stake in China's Nanjing Pharmaceutical Co Ltd for about 56 million pounds ($91 million).The deal will make Alliance Boots the second-largest shareholder in Nanjing Pharmaceutical with board and ope...