University's deal spree exposes Zhao as chip billionaire

The man spearheading China's government-sponsored drive to buy foreign chip technology has revealed himself as a billionaire in the process.

Stocks enjoy ninth day of rises

Hopes for additional financial reforms maintain momentum

Reinvention is secret of Sanhua's success

Valve producer engineers plans for expansion overseas, reports Cai Xiao in Xinchang, Zhejiang.

Spain takes pains to lure more tourists from China

It is not customary in Spain to have white rice for breakfast, but the grain is now on the menu of buffets at five-star hotels, as more Chinese tourists vacation in the Mediterranean country.

Yahoo staff in hot demand

Yahoo Inc's announcement last week that it was shutting up shop in the Chinese mainland has seen a rush by Internet companies across the country to attract its staff.

What's news

Governments and policies

Quotes of the day

Securities sector may open wider to foreign partners

China is considering sweeping changes to its securities industry that would allow foreign banks to control their local joint ventures and broaden their offerings, according to people with knowledge of the matter.

'New normal' good for business, says Premier

Investment from abroad crucial for the nation's efforts to move up value chain

Nation to strive for inclusive, constructive global partnerships

China will abandon the "zero-sum game" and the "winner-take-all" thinking while building relations with other countries, Foreign Minister Wang Yi said on Monday.

CASS predicts Q1 GDP of 6.85%

A government-backed think tank is predicting first quarter gross domestic product growth to fall to 6.85 percent, as a vice-finance minister said this year could be the "most challenging" economic environment since the global financial crisis in 2008.

What they say

The "One Belt, One Road" policy will see financial institutions focusing more on the Asia-Pacific region and coming out with innovative financial products to the growing opportunities in local markets. The Bank of China will take steps to further promote the issue of offshore renminbi bonds to adapt to the new trend.