The Chinese mainland will become the most popular destination for Australian students choosing to study abroad in a year or two, with the implementation and expansion of the New Colombo Plan, Australian officials said at a forum held in Beijing over the weekend.
China is likely to expand its bond-for-debt swap program to address the problem of legacy local government debt, Finance Minister Lou Jiwei said on Friday, adding that the central government does not intend to bail out local governments that cannot repay their debt.
China's efforts to combat pollution and smog will last for more than a decade as coal and other fossil energy sources will continue to power the world's second-largest economy, experts said on Friday.
Hainan International Tourism Island in South China will continue to ease its duty-free policy and bring in tourism professionals to develop the area into an international tourist destination, according to top officials from the province.
"The increasingly sophisticated global supply chain has made food safety inspection a challenging job. The economic slowdown has also led some big-name corporations to cut back investment in food security inspections."
Building a normal politics-business relationship was the focal point of the first panel of the Boao Forum for Asia Annual Conference 2015, as the panelists reached a consensus that rule of law and relinquishing of government power are the right way to achieve it.
South Korea said on Thursday it has decided to seek to be a founding member of the Asian Infrastructure Investment Bank, and so become another key ally of the United States joining the China-led institution.
Fraud is the biggest risk for China's flourishing peer-to-peer online lending business, senior financial executives warned on Thursday.
China's "One Belt and One Road" strategy, an initiative to promote economic and cultural ties with neighboring countries, will create opportunities for everyone involved, leaders of foreign media organizations agreed on Thursday.
People attending this year's Boao Forumfor Asia can keep up to date with proceedings with the help of a mobile information service that makes use of the latest in Web page technology.
China will continue its commitment to foreign investment and to the creation of a level playing field for foreign businesses in "the new normal" during this year's China Development Forum.
China and the United States must step up the pace of negotiations on the proposed bilateral investment treaty that can help bolster economic growth for both sides, experts from both nations said on Friday.
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