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As explained by Xie Lei, COO of Carl Zeiss (Shanghai) Co Ltd, the company originally had to first import goods into China and then export them to third-party countries. But now, once the China-based unit receives an order, the German headquarters can directly deliver products to clients outside China. The China enterprise only needs to submit verification documents and relevant reports to the management committee of the Shanghai FTZ.

As far as checking in and monitoring each division of the company, Wilke said he and his colleagues use different auditing mechanisms for everything from operational excellence to making sure teams “are obsessing about the long run.” But beyond that, he said the company likes to rely on its?14 leadership principles.

As The New York Times reports today, bookseller Barnes & Noble responded to the exclusive deal by yanking titles from DC Comics from its physical shelves.

As government stepped up efforts to release pork reserves, expand pork imports and encourage hog breeding, the supply and demand of pork will become balanced, said Tang Jianwei, chief researcher of the Bank of Communications.

As a two-term governor of the US state of Washington from 1997 to 2005 and United States secretary of commerce from 2009 to 2011, Gary Locke fostered economic relations between his state and China. Then, as US ambassador to China from 2011 to 2014, Locke worked to open markets for US-made goods and services.