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Business

All-in-one proves appealing

[2014-12-04 07:14]

Tianfu New Area in Sichuan province, China's newest national-level development area, is leading the way as the city pursues a development path that puts people at the heart of a modern metropolis.

IP growth is now measured by more than just numbers

[2014-12-03 07:11]

Intellectual property growth region by region across China is directly related to economic growth, according to a report released last week at a national IP conference in Fuzhou, Fu-jian province.

Indian smartphone patents boom sets alarm bells ringing

[2014-12-03 07:11]

The Ministry of Industry and Information Technology recently issued a patent pre-warning report for the smartphone industry in the Indian market.

Metro to step up pace of expansion

[2014-12-02 07:13]

German wholesaler Metro Cash & Carry will accelerate the pace of its expansion in China by tapping into the full potential of its various multi-channel businesses through various initiatives, the company said on Monday.

Hotel investments buck falling trend

[2014-12-02 07:13]

Hotel investments have showed a remarkable resilience in China this year, notwithstanding the sluggishness in the commercial property market and the ongoing government crackdown on corruption, a report said on Monday.

More rate cuts expected, but timing unclear

[2014-12-02 07:13]

Editor's Note: The central bank announced an asymmetric cut in benchmark interest rates on Nov 21 - the first reduction since June 2012. The one-year lending rate fell 40 basis points to 5.6 percent and the one-year deposit rate went down 25 bps to 2.75 percent. The People's Bank of China also advanced its interest rate liberalization agenda by authorizing deposit rates that are 20 percent above the benchmark rate, up from the previous 10 percent. Observers are seeking clues as to when and how the central bank will further ease monetary policy, liberalize interest rates and accelerate financial reforms. Several economists and analysts provide their thoughts on these matters here.

Software firm sees opportunities in banks' globalization

[2014-12-02 07:13]

The internationalization of the renminbi represents a huge opportunity for Chinese businesses and financial markets to become far more globalized. That will change the nature of global finance, said Tom Kilroy, chief of staff at Misys, a United Kingdom-based financial services software company.