Only one city in China saw new-home prices rise in August, the weakest housing data in the past three-and-a-half years, the National Bureau of Statistics said on Thursday.
Oil and natural gas giant China Petroleum and Chemical Corp (Sinopec) is leading the country's latest round of State-owned enterprise reform as it explores an innovative way to increase the value of national assets.
The National Development and Reform Commission has published the list of administrative penalties it imposed on 12 Japanese auto part and bearing companies for their price monopoly activities in China. The 12 Japanese companies are Denso, Mitsubishi Electric, Asian Industry, Mitsuba, Yazaki, Furukawa Electric, Sumitomo Electric, Nachi, NSK, NTN, JTEKT and Hitachi Automotive Systems.
The United States is the top overseas destination for Chinese shoppers and the first choice for a growing number of online shoppers who buy goods through the websites of foreign retailers, a report said on Thursday.
Though China has become a key market for film companies, it has a long way to go before it can create a Hollywood-like ecosystem for the global entertainment industry, said Jack Gao.
It is fascinating - and somewhat puzzling - to survey the trajectory of Jack Gao's career.
Wal-Mart Stores Inc announced on Thursday a series of measures to strengthen food safety in its Chinese stores after the world's largest retailer found itself again in the spotlight for firing Chinese staffers who accused it of food safety violations.
Apple Inc's iPhone 6 received regulatory approval for use on domestic frequencies but requires one more critical license before it can legally be sold on the Chinese mainland, the Xinhua News Agency reported on Thursday.
The Comprehensive Service Center of the China (Shanghai) Pilot Free Trade Zone was abuzz as Premier Li Keqiang arrived on a fact-finding mission on Thursday morning.
Financial reform in the China (Shanghai) Pilot Free Trade Zone needs to speed up, especially when it comes to opening up the capital account and liberalizing the exchange rate, said an expert involved in the official evaluation of the pioneering zone.
The Shanghai Gold Exchange started trading contracts in the China (Shanghai) Pilot Free Trade Zone on Thursday, enabling foreign investors to participate in China's rapidly growing bullion trading market.
As Scotland votes on Thursday on the question of independence, the whole world is watching - and that includes China.
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Raymond Zhou
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