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Low-altitude airspace will be opened for private flights in five to 10 years but industry insiders are reluctant to predict how many will be taking advantage of it, although they agree numbers will shoot up.

China's producer price index (PPI), a main gauge of inflation at the wholesale level, rose 7.3 percent in March from a year ago, up 0.6 percent from February.

China's consumer price index (CPI), a main gauge of inflation, rose 5.4 percent in March from a year ago, down 0.2 percent from February, the National Bureau of Statistics (NBS) said on Friday.

Many Chinese people live underinsured or without insurance. That means China's life insurance sector will continue to grow, Peter A Smyth, regional managing director of MetLife Asia Pacific, told chinadaily.com.cn.

The idea of "going green" is becoming a prominent strategy in the world of business. But green financial products are still rare, especially in China.

Biz Unusual

Qing palace sale attracts State companies' interest

A courtyard house next to Beihai Park that was once part of a Qing dynasty palace is being advertised online for 420 million yuan and attracting the interest of State-owned enterprises.

New deal for commercial flights over the Great Wall

Old train tickets and the memory of yesteryear

'Hometowns' battle to claim their celebrities

Equestrian enthusiasts advocate riding horses to work

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