China has begun preparations to set up a multilateral bank to fund infrastructure projects in Asia, the Ministry of Finance said on Friday in an online statement.
A strike at an IBM Corp factory in southern Guangdong province entered its fifth day on Friday as more than 1,000 workers demanded higher severance payments ahead of a Lenovo Group Ltd takeover.
China will bring more legitimacy and fairness to its taxation system in a bid to ensure the nation's economic health, Finance Minister Lou Jiwei said on Thursday.
As the economy continues to slow and excess capacity builds up, many private firms find no choice but to look abroad, report Yu Ran and Shi Jing in Shanghai
Huayi Brothers Media Corp, one of China's leading entertainment conglomerates, is in talks with other investors about financing films produced by Jeff Robinov, the former film chief at Warner Bros Entertainment Inc, according to a media report.
Shanghai will soon conduct the first review of its groundbreaking trial zone for reforms, said Shanghai's Party chief Han Zheng on Thursday.
Property tax legislation will be positive for the whole sector, said Yu Liang, president of China Vanke Co, the largest property developer in China.
Shanghai Pengxin Group Co Ltd has won approval from Chinese regulators to buy a controlling stake in a 4,000-hectare dairy farm in New Zealand, part of its strategy to meet growing domestic demand with imports.
2.5million new enterprises were set up last year, 1,700 approval items were cut
Domestic Internet giants are on a merger and acquisition spree as the nation is moving fast into the mobile era, reports Meng Jing
Chinese travelers were on the top 10 list of those who paid the most for accommodation outside their own country, according to an industry report.
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