Quotes of the day

VC, PE firms bet big on a rise in clean energy

Clean energy investments by venture capital and private equity firms totaled around $1.24 billion in China last year and are set to see substantial growth this year on the back of favorable policies, said a study from PricewaterhouseCoopers.

New platforms to help power trade prospects

China's new pilot free trade zones are expected to increase the nation's flexibility to compete with more established rivals in the Asia-Pacific region, experts said on Tuesday.

What they say

Expanding the Shanghai FTZ will provide more space to test the effects of reform in foreign investment management, services opening-up, supervision and government management reform. The free trade zone will also play to the advantage of Shanghai's Pudong New District. The three additional new districts will complement services already available in the zone and help with further reforms.

Investors hang on for a roller coaster ride

Shanghai drops 1.64% and Hong Kong falls 2.16% as regulators leave markets on edge

Revisions will end CSRC approval of IPOs

A draft amendment to the Securities Law may end the authority of the China Securities Regulatory Commission to review and approve new share issues.

Auto sector still a good choice for investment

Foreign automakers continue to plow money into factories in China, the world's largest car market, even as the biggest economic slowdown in a quarter of a century crimps sales growth.

Lender finds fertile fields in overseas markets

ICBC keeps growth pipeline robust with initiatives to help Chinese firms' business expansion, reports Jiang Xueqing. J

What's news

Governments and policies

Quotes of the day

Reserve ratio cut to boost lending to developers

The unexpectedly large cut in banks' required reserve ratio announced on Sunday will put more money into the market and ease developers' borrowing costs, giving a big boost to the flagging real estate sector, analysts said.

Steel firm gets full control of African mine

State-owned Shandong Iron and Steel Group Co Ltd said on Monday that it has acquired the remaining 75 percent stake it does not own in a mining project in western Africa's Sierra Leone.