Hai Wentian, deputy general manager for Inter Ikea Centre Group China, has revealed to the local media that the group plans to invest over EUR1.4 billion to build new shopping center projects in China in the next five years, with planned project areas of about 510,000 square meters.

According to Ding Hui, managing director for Inter Ikea Centre Group, the group has decided three shopping center projects in China with total investments of CNY10 billion, and it will further increase its investment in the marketplace by building its fourth project in Shanghai with CNY5 billion.

Japan's JAL Hotels is opening the 499-room Hotel Nikko Wuxi in the summer of 2010; the hotel will be operated by JAL Hotels on behalf the owner, Wuxi International Commerce Center Company.

The tourism and quality supervision departments of Wuxi have promulgated the Travel Agency Service Specification for frequent independent travelers.

Mannings, the health and beauty chain brand of Hong Kong Dairy Farm Group, has opened its first store in Tianjin.

Chinese electronics retailer Suning has published a report, which states that it will issue up to 200 million new non-public shares at a price of at least CNY15 per share to raise CNY2.8 billion for eight new projects.