According to the information from the headquarters of the Jiangsu-based Five Star Appliance, which was acquired by the American electronics giant Best Buy, the company has signed an agreement with Apple to become its first-tier distributor.

The Ascott Group has been awarded a contract to manage another serviced residence in Beijing.

Apple has confirmed on its official website that the company will open its first Apple Store in China at Sanlitun Village in Beijing.

Swire Properties has announced plans to build its China headquarters in Beijing, which marks the beginning of its expansion in Mainland China.

Apple's first store-in-store in mainland China has been unveiled at the Best Buy store in Shanghai's Xuhui area.

Apple (AAPL) has chosen Beijing's Sanlitun area instead of Qianmen Avenue as the location for its first store in China, though the detailed address of this store is yet unknown.