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Business / Latest News

China's property market grows up

[2014-04-12 16:00]

The Chinese property market might not crash precipitously but is becoming tricker, more volatile and sophisticated.

Reform is the best public diplomacy

[2014-04-12 15:47]

As Friday's curtain came down on this year's Boao Forum for Asia (BFA), a public diplomacy event, the lasting effect on China should be progress and reform.

Joint fund investing heavily in Russia

[2014-04-12 07:04]

The Russia-China Investment Fund, a private equity fund into which each nation has committed $1 billion, will invest up to 70 percent in a broad range of Russian economic sectors.

Concept of diplomacy expands to people-to-people connections

[2014-04-12 07:04]

With China becoming increasingly connected with the rest of the world, scholars and politicians are calling for public diplomacy as a way to build its image.

Shanghai FTZ portends push to greater reform

[2014-04-12 07:04]

The establishment of the China (Shanghai) Pilot Free Trade Zone marks a major strategy for China to push reforms, innovation and economic development through further opening-up.

Innovative micro-measures pep up growth in China

[2014-04-12 14:33]

With a focus on long-term development, China is trying to bolster growth with micro-measures and innovative reform initiatives, instead of short-term stimulus policies.

China's financial reform no easy job

[2014-04-12 12:13]

The latest move to allow cross-market stock investment in Shanghai and Hong Kong will further open up China's financial sector, but hurdles remain.

Inflation top priority for PBOC

[2014-04-11 15:04]

Keeping inflation down is the top monetary policy priority, Chinese central bank governor said Friday after the release of the consumer price index (CPI) for March.

State councilor urges cooperation in Silk Road projects

[2014-04-11 06:31]

Asian countries should build trust and optimize development mechanisms in the spirit of regionalism to advance the Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives.

Mainland, HK unveil cross-border trading plan for stocks

[2014-04-11 01:08]

A plan to allow cross-border stock trading between the Hong Kong and Shanghai stock markets was presented on Thursday.

China, Pakistan work on 'common destiny'

[2014-04-10 22:04]

China and Pakistan have pledged to develop a long-term plan by the end of the year to create an economic corridor linking the two countries, part of their efforts to promote economic inter-dependence and bound the two countries with a "common destiny".

China to link exchanges in Shanghai, Hong Kong

[2014-04-10 16:21]

China is to connect the stock exchanges of Shanghai and Hong Kong, to boost two-way opening of the capital markets and enhance their integration with the global market.

China consumption rise tipped

[2014-04-10 16:09]

China could see household consumption rise from the current level of 35 percent of GDP to between 45 and 50 percent by 2020, according to Mitch Barns, chief executive officer of Nielsen Holdings.

Hurdles drag down Chinese firms' globalization

[2014-04-10 13:23]

Chinese firms are venturing overseas to tap the global market, but many feel shackled due to cultural and financing difficulties, analysts said at an ongoing international forum.

Premier Li attends opening ceremony of Boao Forum

[2014-04-10 10:44]

Chinese Premier Li Keqiang is present at the opening ceremony of the 2014 annual conference of the Boao Forum for Asia (BFA) in the coastal town.

Hainan expanding duty-free shopping

[2014-04-10 07:11]

Hainan province will establish the world's largest duty-free store in Sanya as a way to attract more tourists and benefit the local economy, a provincial official said on Wednesday.

Private firms shy away from SOEs

[2014-04-10 07:11]

Although the central government is encouraging private companies to enter sectors traditionally dominated by State-owned Enterprises, most entrepreneurs still balk at the doorstep of these sectors.

Economy still in upward phase despite weak figures

[2014-04-10 03:29]

China's economy remains resilient and could maintain a growth rate of 7 to 8 percent in the next five years, said vice-chairman of the Boao Forum for Asia.

China's auto industry booms amid challenges

[2014-04-09 21:58]

China's automobile industry is booming on the back of strong domestic demand, but challenges remain due to a spate of governmental and environmental factors, experts warned.

Cross-Straits service pact benefits Taiwan: economist

[2014-04-09 21:03]

The signing of a service trade pact between the Chinese mainland and Taiwan will benefit Taiwan's economy, former Chief Economist and Senior Vice-President of the World Bank Justin Yifu Lin said on Wednesday.

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