China's top economic planner has revealed detailed information on more than 1,000 proposed infrastructure projects, open to both private and foreign investors.
"The imperfect market economy, deficiencies in the banking management mechanism and the lack of a sense of service have led to poor efficiency of China's credit resource allocation. The underdeveloped direct financing mechanism has crimped connection channels for investors and issuers."
Chinese buyers have been quick to move into the overseas property market. But the number of affluent foreigners buying homes here remains subdued.
Who qualifies for buying residential property in Beijing?
Marc, an investment banker from Europe, is part of a growing trend of wealthy expatriate professionals that are opting for a traditional home in China.
Small is the new big for the high-end residential apartment market in Shanghai.
In a little more than two years, the number of offshore yuan centers has multiplied, helping investors in more countries skip a step in their currency transactions when doing business with the Chinese mainland.
South Korea, which sends around a quarter of its exports to China, is one of the few countries in the world to run a trade surplus with the Asian giant.
Hong Zhijian, a 54-year-old company owner in Shanghai, drives from his downtown home to his suburban villa every Friday evening. Like many of the wealthiest people in Shanghai, he owns several properties in the city which serve various functions.
Visiting the market is part of Gu Xiuyun's daily routine. Carrying her basket, the 72-year-old walks through the narrow lanes near her home in Huangpu district for five minutes before arriving at the Ningbo Road Fresh Market in Shanghai.
Groups of Chinese students and housewives have been cashing in on the tremendous demand for international brands in China by taking up part-time jobs in the United States as agents facilitating the overseas purchases of goods online.
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