NDRC plans steps to bolster bond market

The National Development and Reform Commission, the nation's top economic planner, said on Wednesday that it will come out with more initiatives to develop the debt market, particularly to boost funding for infrastructure projects and stabilize the overall economy.

Licai achieves huge success in first six months

How long does it take for a new company to emerge in China's already fiercely competitive peer-to-peer Internet finance sector? The answer is six months, as long as it has solid resources beyond cyberspace.

Trip-of-a-lifetime for 30 rural kids

A week in Beijing will hopefully lead to better opportunities for a group of underprivileged students

IN BRIEF (Page 18)

Reading between the lines of the e-book market

The industry is now worth $1.4 billion as the online reading craze tempts the big Internet players to move into the sector

New yuan channels to widen funding sources

Cross-border loan services to help lower finance costs for more domestic, overseas companies

Weak China sales may force BMW to revise full-year profit targets

Bayerische Motoren Werke AG said slowing sales in China may force it to revise this year's profitability goals, challenging new Chief Executive Officer Harald Krueger as he seeks to defend his lead in the global luxury car industry.

Toyota warns of tough times ahead as competition heats up

Toyota Motor Corp warned of tougher competition in China and raised its forecast for Japan sales as it reported quarterly profit that beat analyst estimates.

Sichuan opens up nuclear power sector

Sichuan province has become the first in China to open its nuclear power sector to private investment, according to an official notice published on Monday.

Sinopec takes steps to reduce expenses

Sinopec Group, the second-largest energy company in China, plans to cut costs by recalling 40 percent of its overseas staff in the wake of plunging oil prices.

Volatile PetroChina shares top speculative purchases

PetroChina Co has about 11 billion barrels of oil reserves, half a million employees and sales that exceed the annual economic output of South Africa.

More controls on online payments

China plans to tighten regulatory controls on the country's nearly 300 online payment firms, including Alibaba Group Holding Ltd's finance affiliate.