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As more investors swarm in, local enterprises have also been stepping abroad.

As if getting into the fanciest colleges wasn’t competitive enough, things seem to be getting nastier still.

As many as 1,050 cars will be on display during the 10-day auto show, and 38 new cars will be globally unveiled — including 10 from multinational automakers.

As of Dec 31 last year, the number of high–net-worth Chinese families with household assets of 10 million yuan (.4 million) dropped 1.5 percent from a year earlier to 1.98 million, according to the report. The number of ultra-high-net-worth Chinese families with household assets of 100 million yuan also contracted by 4.5 percent to 127,000.

As highlighted during the recent 19th CPC National Congress, I believe that achieving the balance between sustainable economic growth, and meeting the expectations of the Chinese people for a better life, will be one of the more important challenges.