The China Securities Regulatory Commission released on Friday rules for a pilot program allowing companies to issue preferred shares. It opens the way to raise funds and establish a multi-level capital market.
Chinese equities rallied on Friday, sending the benchmark Shanghai Composite Index to its biggest gain in four months, amid speculation the government will ease funding restrictions for developers and lenders.
The People's Bank of China, the central bank, is exploring possible Internet financing regulation with executives of some Internet finance companies and people in relevant fields this week, a person involved in the meetings told China Daily.
Tencent Holdings Ltd, China's largest publicly traded Internet company by market capitalization has integrated a payment function into its mobile QQ, a dominant messaging application.
Zhenhua Heavy Industries, also known as ZPMC, the world's biggest port machinery manufacturer, completed its first rig on Friday. It is the most advanced self-developed offshore drilling platform in the nation.
China is making headway on a decade-long program to create giant mining groups so it can play a bigger role in negotiating iron ore prices with more established rivals in the world.
China aims to give its service outsourcing industry a boost, and policies that will attract top talent and help the sector expand could be rolled out this year, Qu Lingnian, president of the Beijing Association of Sourcing Services, said on Friday.
China and the European Union announced on Thursday they have settled a trade dispute over polysilicon products just ahead of President Xi Jinping's four-nation trip to Europe.
China signaled that it will cut its vast shipyard army to get industrial growth back on a healthy track this year, as its earning ability falters amid cheap vessel prices, blind expansion and speculation in the shipbuilding sector.
South Korea is quickly overtaking Japan as China'sregional trading partner of choice as its automobiles and electronics are snapped up by the world's second-largest economy, reports Yao Jing
Poll shows concern that asset bubble will burst
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
Liu Shinan
