The International Monetary Fund lowered its forecasts for global growth over the next two years, warning on Tuesday that weakness in most major economies will trump gains from lower oil prices.
Benchmark declines by 7.7%, biggest loss since global financial crisis
Foreign investors will have to gain security clearance from the government for investments that are considered harmful to national security, according to a draft law made public on Monday, which among other things seeks to provide easier access to the Chinese market.
Electric vehicles are expected to account for at least 11 percent of all the new vehicles sold in China in the next decade on the back of growing environmental awareness and stricter regulations, a new survey said on Monday.
Major State-owned banks are planning to offer a wide range of financial products to support the expansion of Chinese companies in overseas markets, reports Jiang Xueqing.
Your real competitor is yourself. You should always challenge yourself to be the leader of your sector."
As the National Bureau of Statistics prepares to release its final economic data of 2014 on Tuesday, economists say that despite economic growth retreating to a 24-year low they do not expect any aggressive policy stimuli as top leaders appear happy to accept a "new normal" rate of development.
The China Banking Regulatory Commission issued a guideline on Monday to encourage greater allocation of bank loans to companies and industries involving in environmental protection, and energy-efficiency projects.
Transactions involving vehicles, aviation and telecoms expand
Debut US stock sales by Chinese Internet companies are poised to drop by about half from last year's record as the pool of mature startups shrinks and their larger peers are more apt to provide them with needed funding.
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