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Qihoo 360 will not release instant messaging software to compete with Tencent QQ, Zhou Hongyi, chairman and CEO of Qihoo 360, said on his micro blog Monday.
The China Securities Regulatory Commission (CSRC) on Monday issued a batch of regulations on funds management covering special deposit accounts, funds sales and guaranteed funds.
China is likely to continue the proactive fiscal policy but shift its monetary policy from "moderately loose" to "prudent" in 2011, China Business News reported on Tuesday, citing two sources close to policy makers.
China's total installed electric power capacity will surpass 1.4 billion kilowatts by the end of 2015, the last year of the country's 12th Five-Year Plan (2011-2015).
The People's Bank of China will issue a total of 51 billion yuan ($7.58 billion) one-year bills on Tuesday, up 11 billion yuan from last week's issuance and the biggest in seven successive weeks.
The total operating revenue of the Chinese mainland's listed companies grew 38.5 percent year-on-year to 12.3 trillion yuan ($1.8 trillion) in the first three quarters, Securities Times reported on Monday.
Hebei province plans to build three new cities, Jingdong (which means east of Beijing), Jingnan (south of Beijing) and Jingbei (north of Beijing), China National Radio reported.
If companies that lend micro-credit loans can develop well in China, they may attract capital from the real estate and the stock markets, which may help reduce assets bubbles and benefit the macro economy, said economist Mao Yushi on Oct 31 at the All-China Financial Affairs Offices Conference.
China's consumer price index (CPI) may increase by 4 percent or even more than 4 percent year-on-year in October, which may trigger the People's Bank of China to raise interest rates again.
Some Chinese enterprises have experienced unfair treatment in their overseas investments and cooperation, chinanews.com reported, citing Chen Jian, vice-minister of the Ministry of Commerce.
Some pumping stations throughout Hangzhou in East China have run dry, and truck drivers have been struggling to fuel their businesses in the last week.
The financial services outsourcing business is likely to enjoy significant growth in China, analysts said at a financial services outsourcing summit meeting in Kunshan, Jiangsu province, China Business News reported on Monday.
