Investment has again emerged as a key means to prop up the economy as a run of disappointing economic figures have raised concerns that economic growth in the first quarter might slip below the official target of "about 7.5 percent".
The lawsuit of a former Everbright Securities executive against the China Securities Regulatory Commission went to trial on Thursday.
China Real Estate Information Corp said the amount of sales revenue to be realized to make its top 50 list of best-selling developers dropped by a quarter in the first three months of the year to 2.4 billion yuan ($387 million).
A company controlled by Alibaba Group Holding Ltd Chairman Jack Ma will pay 3.3 billion yuan ($535 million) to become the largest shareholder of financial software company Hundsun Technologies Inc.
Maersk Line, the shipping unit of Denmark's Maersk shipping and oil conglomerate, is speeding up plans to offer a wider range of services in China because more Chinese companies are keen to move to emerging markets to benefit from booming bilateral trade, preferential trade tariffs and investment opportunities.
China's State Council, or its cabinet, approved the formation of an Internet finance association to promote self-regulation of the online financial industry. The association, which will run under the leadership of the People's Bank of China, needs ratification by the Ministry of Civil Affairs, an industry source who declined to be named said.
The city of Pu'er in Yunnan province has established the country's first pilot zone to develop a range of "green industries" that will feature low pollution - and high profit.
Fires in vehicles and the high price of energy storage technology have hampered the market for batteries powering electric vehicles.
State-owned China National Cereals, Oils and Foodstuffs Corp (COFCO) said on Wednesday it will pay $1.5 billion in cash for a 51 percent stake in the agribusiness operations of Hong Kong-based Noble Group Ltd, the second big move by China's largest food trader within two months.
Country's 'Big Four' banks are set to see a dipin profit growth amid an economic slowdown, Jiang Xueqing reports
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