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An employee of a privately-owned new materials company works on the company's production line in Zibo, Shandong province. [Photo/Xinhua]

An inland port near one of the train stations will become a distribution center in East Africa, with traders from Uganda, Rwanda and the Democratic Republic of Congo picking up goods and setting up offices there.

An exciting part of Chinese consumerism is the rise of discretionary spending, according to Jeffrey Towson, managing partner of Towson Capital. He pointed out that the increase in expenditure on discretionary products in China annually is forecast to exceed 7 percent till 2020. Within this same period, the growth of spending on "semi-necessities" annually should hit 6 to 7 percent.

An exhibition on the life of Albert Einstein has opened in Shanghai, displaying many original manuscripts of the late theoretical physicist to Chinese people for the first time.

An estimated 2.98 billion trips are expected to be made during this year's 40-day Spring Festival period, which runs from Feb 1 to March 12, according to the National Development and Reform Commission, the top economic planner.