The interest rate cut is set to become another major boon for the sluggish property market and, following the easing of mortgage rules on Sept 30, will fuel demand.
China's vibrant publishing market has attracted a surging number of foreign publishers to the country to trade rights, showcase their creative content and exchange views with their Chinese counterparts.
The number of China's general aircraft will surpass 5,000 by 2020. With an annual growth rate at around 19 percent, the country's general aviation industry represents a potentional $15.5 billion market.
The purpose of cutting the deposit and lending rate is to bring actual interest rates back to a proper level and lower the financing costs facing enterprises.
The property market correction is continuing, but developers are quietly snapping up land in first-tier cities, betting the sector will warm up again in 2015.
About 26 percent of Chinese consumers said they would be shopping more in-store, versus 18 percent in the previous year, according to consulting firm Accenture.
Jack Ma, founder of Alibaba group, describes how the company is exploring ways to help small businesses not only in China, but all around the world.
Newly pledged measures to ease financing burdens help further China's reforms on stock issuance, one of the most-anticipated moves in the country's drive to open its capital market.
China's high-speed rail program is expanding to the country's west, bringing changes to the local development.
China aims to raise petroleum output by updating its technology and stepping up oil and gas exploration across the Bohai, East China and South China seas.
UnionPay International has announced that it will offer discounts to UnionPay cardholders during visits to certain world-renowned tourist destinations.
Beijing released a much shorter list of outbound direct investment projects needing government approval to encourage enterprises to enter the international market.
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Raymond Zhou
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