 |
|
|
 |
|
China Mobile Ltd, the world's largest telecom carrier measured by the number of subscribers, said it will launch an English version of its application store next year.
The People's Bank of China (PBOC), the country's central bank, said Wednesday it would continue to keep the nation's monetary policies prudent while making the policies more targeted, flexible, and prospective.
E-commerce transactions in China will reach 18 trillion yuan ($2.83 trillion) in 2015, tripling the trade in 2010, said Gao Xinmin, president of the Internet Society of China.
The level of trade between China and Africa in 2011 is expected to set a new annual record, as the bilateral trade has already almost matched 2010, a commerce official said Wednesday.
The Ministry of Commerce (MOC) said Wednesday that US firms have not "massively retreated" from investing in China.
China's banking system will be in good shape as the government fine-tunes its macroeconomic policies, despite a warning from the IMF on Tuesday.
Confidence shaken amid falling property prices as real estate agents suffer sudden slowdown in top-tier cities.
Greening China's heavily polluting and energy-consuming industries will cause short-term losses but bring huge economic and social benefits in the long run.
In its first formal evaluation of China's financial system, the International Monetary Fund said China needs to speed up its financial reform. 
Banks in good shape
China's railway investment in the first 10 months of this year fell sharply, as the Ministry of Railways is facing mounting pressure to pay off creditors.
The International Monetary Fund (IMF) said Monday that China's financial system is sound and has achieved remarkable progress.
Now is a good time to raise electricity prices to ease power plants' losses while China's inflationary pressure is easing, experts said.
