The Chinese Internet tycoon Jack Ma once said he wants his self-made Alibaba Group Holding Ltd to last 102 years so the e-commerce company, founded in his apartment in Hangzhou, Zhejiang province, in 1999, will still be around in 2101, meaning it will have spanned three centuries.
Though China has signaled its intention to let the market play a decisive role in allocation of resources, it would need to make considerable progress on energy pricing to achieve tangible results in the long term.
Global e-commerce sales are forecast to increase by more than 20 percent this year, surpassing $1.5 trillion.
China, India can learn from each other's successes and failures
Market reaction to reports that China will ease property curbs in most cities has underscored the depth of anxiety over the danger of a plunge in the housing market, one of the economy's biggest growth engines.
A new wave of enthusiasm for Chinese companies swept Wall Street as e-commerce giant JD.com Inc made its Nasdaq debut on Thursday.
China is changing the way it invests in Africa, with a new wave of projects to be supported under a $2 billion agreement signed on Thursday by the People's Bank of China and the African Development Bank.
France-based Lactalis Group, the world's largest dairy maker by sales, announced on Friday that it would introduce a baby formula brand to the Chinese market.
China Auto Rental Holding Inc, the country's largest vehicle-leasing company by fleet size and revenue, said on Thursday night that it had revived its initial public offering plans.
BYD Co, the Chinese automaker partially owned by Warren Buffett's Berkshire Hathaway Inc, is offering $400 million in new stock, according to a term sheet obtained by Bloomberg News.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
