Promoting US-China Friendship | California USA
![No 1 Alibaba - Alibaba Group's Singles Day global shopping festival at the company's headquarters in Hangzhou, Zhejiang province [global china daily]](https://i0.wp.com/usachinatrading.com/wp-content/uploads/2020/07/No-1-Alibaba-Alibaba-Groups-Singles-Day-global-shopping-festival-at-the-companys-headquarters-in-Hangzhou-Zhejiang-province-global-china-daily.jpeg?resize=525%2C350&ssl=1)
Meituan Dianping, the country’s largest on-demand service platform, saw its total market value exceed $100 billion as its share price surpassed HK$133 ($17.16) on May 26, which makes it the third listed Chinese internet company with a market value over $100 billion, according to Quanjing Finance. Continue reading “Top 10 listed Chinese internet companies by market value”
![No 1 Chengdu - People shop at a night market in Chengdu, Southwest China's Sichuan province [Xinhua]](https://i0.wp.com/usachinatrading.com/wp-content/uploads/2020/07/No-1-Chengdu-People-shop-at-a-night-market-in-Chengdu-Southwest-Chinas-Sichuan-province-Xinhua.jpeg?resize=525%2C370&ssl=1)
Chinese financial media outlet China Business Network released its 2020 ranking of Chinese cities based on their business attractiveness. Traditional first-tier cities remain unchanged, including Beijing, Shanghai, Guangzhou and Shenzhen, but the list of new first-tier cities witnessed two newcomers, Hefei in Anhui province and Foshan in Guangdong province. Let’s see the top 10 new first-tier cities in China. Continue reading “2020 ranking of Top 10 Chinese cities (based on their business attractiveness)”