Simpler rules for M&A 'positive'

The nation's simplified approval system for outbound direct investment, which has shifted from prior approval toward a registration and filing framework, is a positive step, but corporations need clarification about the new system, a partner at Ernst & Young Global Ltd told China Daily.

EIB planning to step up cooperation with China

European Investment Bank, Europe's long-term lending institution, is expected to officially inaugurate its office in Beijing in June to partly cooperate with China-led Asian Infrastructure Investment Bank, which it has discussed with China for a long time, said its top executive.

Statistics office set for change

Director to be replaced by finance ministry official, Bloomberg reports

Alibaba eyes a slice of smart city pie

Alibaba Group Holding Ltd on Wednesday made its biggest step to facilitate the government-backed smart city projects in which Tencent Holdings Ltd, its strongest rival, is also eyeing a piece.

Silk Road Fund makes first investment

The 'Belt and Road Initiative' gets a major boost with Pakistan project, say experts

Spanish agency has the right image for Chinese sports brand

A Chinese sports brand plans to invest $21.4 million in a Spanish sports agent that manages image rights to some of the biggest international soccer players in Europe.

Soybean imports to jump by 2024

China's imports of soybeans will continue to grow in the coming decade because of limited farmland and a rising population.

Bond defaults could become the norm

Analysts wonder 'how long' before another SOE misses a payment, reports Zheng Yangpeng. Zheng Yangpeng

What's news

Governments and policies

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.