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.
As the company made from the merger of Norway's Det Norske Veritas and Germanischer Lloyd, the world's largest risk management company DNV GL will further broaden its China service portfolio especially in the fields of maritime, oil and gas, energy industries and management certification business over the years to come, it said in a statement.
China will launch its international gold exchange 11 days ahead of schedule, sources said on Tuesday, as the nation races to establish an Asian bullion benchmark at the same time as rival Singapore is forced to delay its gold contract due to technical issues.
China Offshore Oil Engineering (Qingdao) Co Ltd, a unit of crude and gas producer CNOOC Ltd, is looking to increase its revenue from overseas markets to around 70 percent by 2015 from the present 27 percent, a top company official said on Tuesday.
The National Development and Reform Commission, China's price regulator, has summoned executives from Toyota Motor Corp for questioning over pricing policies and practices for spare and replacement parts in its luxury Lexus division, people with direct knowledge of the matter said.
China upped its commitment to strengthen ties with the Association of Southeast Asian Nations, seeking to bring bilateral relations into a new "diamond decade".
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