IN BRIEF (Page 6)

More financing for culture firms

The Ministry of Culture is planning to join hands with the Shenzhen Stock Exchange to push ahead with cultural enterprises' corporate bond issuance in a bid to lower funding costs, the Shanghai Securities News reported on Friday, citing an official with the ministry. According to the report, Chinese cultural enterprises had issued 470 billion yuan ($73.61 billion) worth of corporate bonds on interbank bond market so far this year.

Air China gains from fuel costs