The first national-level copyright auction for movie and TV content next month is expected to increase the weight of screenwriters in the industry, said organizers of the event.
As the senior leader-ship of China has articulated the need to encourage market-driven behavior to promote efficiency and economic growth, many companies are re-evaluating how they do business in China.
Travel | Zhang Chunyan
Share prices rallied to a three-year high in the Chinese mainland on Monday after the central bank cut interest rate, but doubts still remain on whether it would be enough to bolster market liquidity and sustain the bullish trend, analysts said.
The number of people showing an interest in home purchases surged after the interest rate cut last Friday, potentially heralding an uptick in a property market that was already on a tentative recovery track.
The central bank's interest rate cut on Friday, the first since July 2012, will ease the debt burden of industries struggling with overcapacity but not by enough to prompt a surge in production, experts said.
The latest round of interest rate cuts will add more pressure to the already shrinking interest margins of Chinese lenders and trigger fierce competition among them for deposits, industry experts said on Monday.
Buoyed by the rapidly expanding middle class and their growing tastes, international luxury hotel chains are now eyeing growth through expansion in the second- and third-tier cities of China.
Adveq Management AG, the global private equity fund of funds company, plans to increase its investments in China from next year, its chairman has told China Daily, a decision based on its expectation of strong economic growth in the country.
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