Alibaba Group Holding Ltd, Huawei Technologies Ltd, Lenovo Group Ltd and Haier Electronics Group Co have become household names in China and the Western corporate world. But for a giant economy like China, they are just the tip of the country's business iceberg.
The head of one of the world's top engineering groups has voiced support for China's antitrust investigations.
Since 1894, when Dubai launched its first tax-free port to attract regional business, the reigning Al Maktoum family has supported commercialism and mercantilism, and that legacy has helped shape Dubai's present-day economy, said an executive of the emirate's promotional advisory firm.
International flights from Lanzhou, Gansu province, via Urumqi, capital of the Xinjiang Uygur autonomous region, will start service to Dubai on Sept 29, said Xinjiang local media.
As the liquor industry continues to experience a market slowdown, more manufacturers are focusing on online sales and forging ties with e-commerce websites, industry insiders said.
The People's Bank of China, the central bank, joined its European counterpart in boosting liquidity to address weakening growth, underscoring a divergence in direction among the world's biggest economies as the US reduces stimulus.
China has made great progress in shale gas exploration with about 400 wells drilled as of July, and production this year is estimated at 1.5 billion cubic meters, experts said on Wednesday.
China should consider setting up an integrated clearing facility with the Association of Southeast Asian Nations to further boost its trade and investment within the region, a top official said on Wednesday.
KPMG China will maintain double-digit growth this year despite the economic slowdown and will be on the lookout for suitable merger and acquisition opportunities, a top company official said on Wednesday.
The new European Union ambassador to China said it does not make sense to say the country is targeting foreign companies for antitrust investigations based on just one or two cases.
Chinese investors, left out of Alibaba Group Holding Ltd's US initial public offering, are piling into the next best thing.
China will cut the retail price of gasoline by 140 yuan ($22.80) per metric ton and that of diesel by 135 yuan from Wednesday, the National Development and Reform Commission announced on Tuesday.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
