Chinese regulators will lift price ceilings on most medical drugs starting from June 1, with the intention of creating a more market-driven pricing system that will help keep medical costs in check, the National Development and Reform Commission announced on Tuesday.
A leadership shuffle at the nation's oil companies will open up more possibilities of reform, both in terms of individual corporate structures and overall industry operations, analysts said.
New housing projects in first-tier cities enjoyed robust sales over the Labor Day holiday, extending a brisk April for the sector as previous government stimulus policies continued to filter through to the market.
It took just nine years for DJI Technology Co to develop from a small company of six people to a global leader in the manufacturing of drones, with more than 3,000 employees.
China's market regulators are investigating foreign medical-equipment makers over suspicion that they may have paid bribes or used illegal strategies to achieve market dominance, according to some people familiar with the matter.
"The Shanghai Composite Index is expected to rise to 10,000 points in the first half of 2016. And there will be no sharp decline in that process because of the large amount of money entering the stock market."
A Chinese consortium led by private equity firm Hua Capital Management has announced the acquisition of the United States-based smartphone and tablet chipmaker OmniVision Technologies Inc for $1.9 billion.
The raid last week on an office of Uber Technologies Inc in southern China, part of a broader crackdown on illegal taxi services using private drivers, has inspired calls for the government to break taxi companies' monopoly on licenses to meet the growing need of for-hire vehicles in China.
A salesman for a domestic business jet operator surnamed Li was standing on the windy and rainy tarmac at Shanghai Hongqiao International Airport on the morning of April 14, the launch day of the 2015 Asian Business Aviation Conference and Exhibition.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
