China could invest as much as $5.7 trillion by 2035 to find, produce and save energy, accounting for 15 percent of global spending in the sector, a report from the International Energy Agency said on Thursday.
Under-40 collectors are becoming big players in the nation's auction market, reports Huang Ying
The central bank said on Thursday that it had designated Bank of China Ltd as the first yuan-clearing service bank in Frankfurt, the latest step in the nation's drive to bolster international use of the currency.
Chinese shares hit a seven-week low on Thursday amid fears that new listings will drain market liquidity and property concerns will overshadow economic growth.
More sustained efforts necessary to maintain growth in domestic production of staples
Howard Schultz believes that unconventional ideas often make the difference between success and failure for companies in overseas markets. Meeting the parents is one such initiative that has made a big difference in China, says the chairman, president and chief executive officer of Starbucks Corp, the US-based global coffee chain.
South Korean entrepreneurs are brewing a success story in China with their unique blend of coffee shops in shopping malls and other major locations.
KFC, the largest international fast-food chain in China, is revamping its 130 restaurants in the country, along with plans to offer better Wi-Fi and mobile experiences at its outlets, to attract more customers.
Complementary industrial base can help boost nation's structural reform
Advanced technology products made by Chinese companies are finding their way to more overseas markets, especially in South America, and helping change the "cheap" tag associated with products from the country, industry sources said on Thursday.
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Raymond Zhou
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Chen Weihua
