At the APEC summit in Bali, Indonesia, President Xi Jinping shed some light on the program that is still being developed for China.
For the past several months, Asia's richest man Li Ka-shing has been selling most of his real estate and businesses in China and buying British companies related to public facilities.
China should play a more active and open role in advancing the Regional Comprehensive Economic Partnership, or RCEP, to fasten the pace of the pact, while the United States is actively pushing forward the Trans-Pacific Partnership in the region, experts said.
Being export and investment-oriented, the Association of Southeast Asian Nations economies have benefited from the Chinese market, which has fostered the bloc's rising momentum in both of its economic growth drivers, experts said.
China is set to further promote economic cooperation with East Asian countries by making greater efforts to push for the establishment of multilateral free trade zones.
Smithfield Foods Inc, the world's largest hog producer, said it will reduce the use of a feed additive that makes pork leaner as it seeks to win more business in China.
LeTV.com, one of the biggest online video providers in China, released a new line of low-priced Internet televisions on Thursday in a bid to achieve its 5 million unit sales goal and crush rivals.
China will launch bitumen futures contract trading, the first of its kind in the global market, in Shanghai on Wednesday to offer companies more hedging tools and improve the structure of the economy, according to a statement from the Shanghai Futures Exchange on Tuesday.
Spring Airlines Co Ltd, the nation's only low cost carrier, will launch direct flights from Shanghai to Kaohsiung on Oct 27, becoming the first privately owned carrier from the Chinese mainland to run direct flights across the Taiwan Straits.
Qualified listed companies on the mainland may be able to get faster approvals for their merger and acquisition applications, according to a new policy that has introduced separate M&A examination paths.
Foreign fast fashion brands are stepping up the pace of expansion in China, where the growing ranks of style-conscious customers and new shopping centers are boosting their sales.
China's magnetic pull on foreign companies is undeniable, even when the financial benefits of doing business in the country are relatively modest.
|
|
|
|
|
|