Sowing the seeds of market innovation

The government has unveiled new measures to encourage people to start their own business in its latest effort to boost employment through entrepreneurship.

US brands find sweet spot for growth in China

Look out Gucci and Prada. China's zest for Western products, which has made it the leading market for luxury goods since 2012, is moving downstream.

Empire-building yields huge profits

Anbang Insurance Group Co Ltd, the Chinese insurer known for its high-profile purchase of New York's famed Waldorf Astoria hotel, has reported explosive profit growth for 2014, which analysts said was fueled by its surging premium income and investment returns.

Wal-Mart to open 115 new stores in China

US retail giant Wal-Mart Stores Inc plans to open 115 new outlets by 2017 and remodel more than 50 others this year to offset slowing growth in China, a top company executive said on Wednesday.

Strengthening bilateral ties across the Yellow Sea

I felt spoiled during a trip to South Korea in mid-April compared to the last time I was in the peninsular nation a decade ago.

What's news

Governments and policies

Quotes of the day

Virtually all provincial-level regions report first-quarter slowdown

The east coast export powerhouse of Zhejiang was the only provincial-level region in China to achieve higher growth in the first quarter, when resource producers and heavy industrial bases were hit hard by tough business conditions.

UAE wants to be trade catalyst

The United Arab Emirates will become an increasingly important partner for China, the country's top diplomat in Beijing said on Tuesday, through the Middle Eastern nation's active participation in both the "Belt and Road Initiative", and the Asian Infrastructure Investment Bank.

Tencent launches OS for smartphones

Tencent Holdings Ltd launched an operating system for smartphones and smartwatches on Tuesday, a move to lure China's growing legions of mobile users.

PBOC 'poised to pull QE trigger' as economy stalls

Central bank may buy local government bonds as a way to get more money into the markets, reports Zheng Yangpeng.

Buyers becoming more prudent as art sector matures

Art sales in the Chinese mainland accounted for 22 percent of the 51-billion-euro ($55.62 billion) global market in 2014, a report from the European Fine Art Foundation said.