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Another case that aroused public attention and speeded up the building of rule of law last year involved Zhang Wenzhong, former chairman of retail company Wumei Holdings.

Anta Sports, which has a market value of .5 billion, has been working to expand its business overseas and is seeking acquisitions of well-established global brands. Zheng Jie, president of Anta, said last month that the company delivered a record performance in the first six months ended June 30.

Another 500 or so artifacts, including weapons and the sailors' daily effects, have been recovered during the project, which has involved 50 people, including 15 underwater archaeologists.

Another reason for London-listed Chinese companies to delist is that due to waning market confidence, the stock price of their companies becomes too low to keep the listing meaningful.

Apart from the catering sector, commodity retail involving household provisions and consumer goods is an important driving force for nighttime economy. According to Yin Zhixin, from the Guangzhou Development and Reform Commission, the most profitable part of Guangzhou's nighttime economy is commodity retail, with an annual sales revenue of over 280 billion yuan, accounting for roughly 30 percent of the total retail sales.