China's foreign exchange regulator said on Thursday that the country will further promote liberalization of its capital market and gradually achieve convertibility of the renminbi under the capital account.
The government is reported to have cleared the import of a type of genetically modified corn at the center of lawsuits against the Swiss seed developer Syngenta AG, a year after blocking the crop's entry.
Dark days seem to be ahead for coal producers in China, with slower economic growth and weak downstream demand set to drag sales in 2015, notwithstanding the government decision to slash export tariffs, industry sources said on Thursday.
There are clearer signs of stabilization in the property market since the central bank's interest rate cut last month, with apartment prices in fewer Chinese cities declining in November, figures released by the National Bureau of Statistics on Thursday showed.
Most Hong Kong service provide rs can expect to receive the same treatment as companies from the Chinese mainland when they start businesses in Guangdong province, according to a new agreement under the framework of the Mainland and Hong Kong Closer Economic Partnership Arrangement signed on Thursday.
Domestic solar panel producers are looking to emerging markets to offset mounting difficulty in the United States, where they fear they may be entirely squeezed out by a new ruling on dumping duties.
Two designer outlet villages are set to open in Pudong next year ahead of the first phase of Shanghai Disneyland - Silk Road Holdings' Renaissance-styled Florentia Village, in January, and Shanghai Village, operated by Value Retail, later in the fall.
China-based outlets may not be as bulletproof as operators claim when a financial pinch hits, but they are still a sound investment, property consultants said.
It is a typical holiday scene in the United States: a decked-out Christmas tree, twinkling lights and a line of shoppers waiting for Santa Claus.
The record shows that most of the overseas Internet giants stumble in China no matter how big their names are in their home markets.
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Raymond Zhou
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