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BRICS seeks new paths to develop

[2014-07-14 07:12]

President Xi is attending the summit of five-nation bloc that has accounted for 21% of global economic output and 50% of world's economic growth.

Baidu big winner in World Cup

[2014-07-14 08:20]

Beijing-based tech company outscores its rivals by predicting 58.3% of winners, compared to 56.2% accuracy by Microsoft Bing.

Alibaba expands board of directors

[2014-07-12 13:46]

The e-commerce giant submits an updated initial public offering prospectus to the US Securities and Exchange Commission -featuring an expanded board of directors.

Realty heading for market consolidation

[2014-07-12 06:53]

The property market in China is likely to consolidate in the second half of the year, as strong demand and limited supplies will offset the chances of an imminent market collapse.

Market to eventually decide yuan rate

[2014-07-11 07:02]

China will reduce its intervention in the foreign exchange market through a step-by-step process as it gradually pushes for foreign exchange reform, says People's Bank of China governor.

Wanda pumps $900m into Chicago project

[2014-07-11 07:47]

Chinese real estate giant Dalian Wanda Group Corp is acquiring a $900m stake in a high-end property project in what its chairman says is the first of several moves in the US market.

Beijing promises better trade climate

[2014-07-10 02:26]

China will further its opening-up and reform policies to provide more opportunities for multinational companies, Premier Li Keqiang told corporate executives of Fortune Global 500 companies in Beijing.

Electric-car buyers to get tax exemption

[2014-07-10 07:24]

The government is to waive the auto-purchase tax for new-energy vehicles - all electric cars, plug-in hybrids and fuel-cell vehicles – as part of expanded measures to boost sales.

China records decline in food prices

[2014-07-09 10:29]

Consumer price index, a main gauge of inflation, grows 2.3 percent year-on-year in June, triggering concerns of broader monetary policy easing as a whole year outlook points to a soft inflation rate.

Tesla faces suit over trademark in China

[2014-07-09 08:07]

Tesla Motors Inc is being sued in China for trademark infringement in the latest example of the difficulties foreign firms face while doing business in the country.

China to accelerate treaty with US: Xi

[2014-07-09 11:04]

The two countries should speed up BIT talks and try to make a high-standard, balanced agreement as soon as possible with the aim of improving economic relations between China and the US.

Needed: A 'strong' Chinese economy

[2014-07-08 07:30]

The most important thing for China is to get on a path of more sustainable growth, Jim Yong Kim, president of the World Bank, told the China Daily.

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