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.
Shanghai drops 1.64% and Hong Kong falls 2.16% as regulators leave markets on edge
A draft amendment to the Securities Law may end the authority of the China Securities Regulatory Commission to review and approve new share issues.
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.
ICBC keeps growth pipeline robust with initiatives to help Chinese firms' business expansion, reports Jiang Xueqing. J
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.
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.
It shifts strategy to focus on development of mobile operations, 'but may return later'
The tourism boom brought on by Chinese outbound travelers during the recent Tomb Sweeping Day holiday has pushed hotel room reservations to more than 90 percent in Japan where tourists rush to see the cherry blossom during April.
Xiaomi Corp, the Chinese smartphone vendor that overtook Apple Inc and Samsung Electronics Co in the world's largest market, now faces another foe: Counterfeiters.
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