Bulk investment in Shanghai's property market in the first half of 2014 slumped 14 percent from the same period in 2013 and may shrink by a further 50 percent by year's end amid narrowing profit margins, a new report says.
Banks can now set their own exchange rates for the yuan against the dollar in over-the-counter transactions - another step toward freeing the exchange rate from government control.
Fiscal policy is expected to play a larger role in supporting second-half GDP growth, while the scope of "targeted" monetary easing may expand, Bank of China Ltd's research unit said in a report on Wednesday.
Contract farming program leading farmers in Northwest China on path to prosperity, reports Xie Yu in Wuwei, Gansu
CSM Media Research, a leading television ratings analysis company, announced on Wednesday the official launch of China's first social media-based big data system to evaluate TV shows in partnership with Sina Weibo, a Twitter-like microblogging platform in China.
Report notes that some government mechanisms aren't always transparent
Despite widespread concern that bilateral relations between the world's two largest economies have been heading downhill lately, US officials and experts expressed their optimism that the upcoming sixth meeting of the China-US Strategic and Economic Dialogue (S&ED) will help get things back on track.
After two years of preparations, China Eastern Airlines Co Ltd has officially announced that it's converting China United Airlines Co Ltd, its Beijing-based subsidiary, into a low-cost carrier on Wednesday.
Some investors likened it to hearing that a cook has become a tech wizard.
Huang Jiajia, a third-grade student from the Tangshi Elementary School, writes a Confucius quotation with her calligraphy brush during an extracurricular class.
Employment prospects remain robust in China, with more companies expected to boost headcount during the second half of the year, thanks to the rapidly stabilizing economy and renewed business optimism, a leading global talent solutions company said on Wednesday.
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Op Rana
Berlin Fang
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Chen Weihua
Liu Shinan
