Xu Kunlin, the newly appointed head of the pricing department at the National Development and Reform Commission, said the government will further streamline the approval process and improve supervision systems to prevent corruption.
The 2014 China International Friendship Cities Conference and the second Guangzhou International Urban Innovation Conference opened in the capital of Guangdong province on Friday, with more than 600 distinguished guests from 56 countries and regions gathering to share their visions for closer, more extensive international cooperation between cities.
The five laureates of the second Guangzhou International Award for Urban Innovation (the Guangzhou Award) were announced on Friday evening.
Commercial complex gets record presale bid of 350,000 yuan per square meter
The authorities in Guangzhou have vowed to "significantly increase" their financial support of the science and technology sector over the next two years, as the traditional manufacturing and foreign trade hub continues to modernize.
The environmental protection industry is attracting increasing attention in Xi'an High-Tech Development Zone.
Foreign investment management process to be streamlined further
Almost one in three Chinese shoppers plan to buy more at brick-and-mortar outlets, consulting firm Accenture Plc said in a report on Friday.
Half of China's local governments could warrant junk-level credit ratings, according to ratings agency Standard & Poor's Financial Services LLC, in stark contrast to the view of domestic ratings agencies.
The pilot stock trading scheme linking Shanghai and Hong Kong has achieved its intended goal, the securities regulator said on Friday, responding to concerns about poor market demand in the first trading week.
Demand for plots in Shanghai, Beijing surges after developers pay record prices
Alibaba Group Holding Ltd raised $8 billion in its first sale of bonds at yields that were lower than originally offered after investors submitted orders of at least $57 billion to the e-commerce company.
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