Shenzhen, Guangzhou and Hangzhou are the top three e-commerce cities in China, according to a report by AliResearch, a research organization affiliated with Alibaba Group Holding Ltd, that was released on Wednesday.
Corporate bond issuers are expected to borrow a record amount overseas this year amid tightened liquidity at home, reports Gao Changxin in Shanghai
Domestic funding sources are shrinking for the nation's property industry, which is going through a period of transformation, and developers may need to look at offshore markets to raise cash, said analysts.
Province unveils new measures to streamline refunds, assist SMEs
The US decision to impose fresh tariffs on solar imports from China will further escalate the trade friction between the two countries and prompt Chinese solar firms to exit the US market altogether, industry sources said on Wednesday.
Despite trade disputes between China and the United States, the "positive" bilateral economic relationship provides ample opportunities for mutual investment, the chairman of the US Chamber of Commerce said on Wednesday.
Operator quoted as saying probe may uncover irregularities of some traders
Russia and China have reached an agreement to create a joint credit rating agency and are working on a series of measures to make trade easier, Russia's finance minister said on Tuesday, a sign of growing ties between the two neighbors.
Offshore gold contracts denominated in renminbi, the Chinese currency, will be traded in the China (Shanghai) Pilot Free Trade Zone later this year, top officials of the Shanghai Gold Exchange said on Wednesday.
China is inching closer to ending the State monopoly in the oil sector after it allowed a Xinjiang-based private energy firm to import crude oil, industry sources said on Wednesday.
Global executives are still optimistic about the Chinese economy, ranking the country the second most attractive destination for foreign direct investment, a report showed on Tuesday.
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