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.
A leading domestic investment company, Fosun International Ltd, plans to invest in a Malaysian restaurant chain that it believes will be increasingly popular among the middle-class in China.
As Hainan province prepares to become a home for Internet-sourced financing operations, analysts Zhang Yanming from China City Construction Holdings and Zheng Jinyu from the China Banking Regulatory Commission, help explain the innovative sector:
China's financial markets are likely to see frequent defaults this year despite the recent avoidance of such a measure by a trust product, a senior economist with The Economist Group in China warned on Monday.
China's foreign exchange reserves, the largest in the world, reached a record $3.82 trillion last year.
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
