China's central bank hit the brakes on burgeoning virtual credit card services and barcode-based mobile payments as competition for the country's Internet finance services becomes cutthroat.
Risks in the domestic bond market can be controlled, and occasional defaults won't affect its overall steady condition or reduce demand for financing and investment, the China Securities Regulatory Commission said on Friday.
China's nuclear companies are promoting their own technology in South Africa, which is set to offer the largest tender in the country's history-an estimated 1 trillion rand ($93 billion) contract to build six new nuclear reactors by 2030.
What companies will be featured on China's national television network on Saturday when it airs 3.15 Evening, an annual muckraking program for World Consumer Rights Day?
China's revised consumer rights law, which includes a seven-day cooling-off period during which shoppers can get a refund for online purchases, may push some small e-retailers out of business, said industry insiders.
The rapid deceleration of China's economic growth indicators in the year's first two months shocked the market, as industrial output, fixed-asset investment and retail sales all dropped to unusual lows.
The value of home sales fell 5 percent year-on-year to 598.5 billion yuan ($97.5 billion) in the first two months as concern grew about the outlook for the residential property sector, industry experts said.
Manufacturers find the Internet isn't just a tool for increasing sales-it's also a way to improve corporate management and efficiency, reports Qiu Quanlin
Banking shares are poised for a sustained rally, analysts said, as reports on Thursday said regulators will soon let qualified companies issue preferred stocks for the first time.
The outlook for China's economy for 2014 has yet to turn optimistic, as prices for large commodities stay sluggish.
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