A new regulation for low-altitude airspace management is expected to be unveiled by the end of the year in China, opening a new chapter for the general aviation industry in the country, experts said on Tuesday.
Two-way investment, big-ticket infrastructure projects, the development of e-commerce and cross-border RMB transactions will play a bigger role in China-ASEAN economic ties, officials said on Tuesday.
German healthcare operator and medical product provider Artemed Group said on Tuesday that it would set up a hospital in the China (Shanghai) Pilot Free Trade Zone.
Xiaomi Corp unveiled its latest flagship smartphone on Tuesday ahead of the autumn sales peak, a critical period for the Beijing-based handset vendor to meet its target of shipping 60 million units.
After a slight dip in the Luxury Consumer Price Index last year, it rose by 4 percent in 2014, according to a Hurun Research Institute report released on Tuesday.
Alibaba Group Holding Ltd teamed up with seven banks on Tuesday, jointly offering loans of up to 10 million yuan ($1.6 million) to China's small and medium-sized enterprises as the e-commerce conglomerate looks to further build a credit rating system based on online transaction histories.
Movie theater company IMAX Corp signed a deal on Monday with three Shanghai companies to increase the number of IMAX screens throughout China.
Chinese bad-debt managers saw a profit surge in the first half, helped by an increase in banks' bad loans.
Goldman Sachs Group Inc and private equity firm Warburg Pincus LLC are among the investors nearing a deal to buy as much as a 20 percent stake in China Huarong Asset Management Ltd for about $2 billion, seeking a share in the profitable business of bad loan management in China.
An increasing number of companies in China's most polluted region of Hebei have gained green loans with emission permits as pledges, following the guideline launched by the province to strengthen financial support for environmentally friendly industries and projects.
The billionaire couple who founded Chinese real estate company SOHO China have given $15 million to Harvard University as part of a $100 million endowment they are establishing for underprivileged Chinese students to attend top universities around the world.
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Raymond Zhou
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