Recent figures show that Chinese overseas direct investment, which is made by Chinese companies in other countries, rose considerably last year and is projected to catch up and eventually overtake the amount of foreign direct investment, the amount foreign companies invest in Chinese companies.
Chinese officials have been expecting overseas direct investment to exceed foreign direct investment for several years. Given past trends and new government policies, the biggest question is not if it will happen, but when.
Chengdu, the laidback home of the equally laidback giant pandas, is reaching out to the world, and the world is taking notice.
Thirty years ago, Liu Daiwen helped build roads, railways and bridges around China. Now he builds infrastructure in Africa.
China has been a loud and persistent proponent of innovation in the past 10 years or so, its leaders often declaring how important it is and saying it should be one of the main driving forces of economic reform and development.
In the tradition of earlier policies, Chinese authorities have launched another small, reversible but potentially significant step of reform toward a further opening of the economy.
In the world's first trade secret case to receive a ruling by US and Chinese courts, the US International Trade Commission recently cleared Chinese company Sino Legend Chemical Co of an infringement allegation.
Last Friday was the Lantern Festival, one of the most important Chinese festivals, and the traditional food for that day is tangyuan, or dumplings made of glutinous rice flour and sweet fillings.
McDonald's Corp's decision to allow investors with 2 million yuan ($329,800) and nine months of training to operate an existing restaurant through franchising could fuel its growth in China, despite the risks of high rents and competition.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
