Draft regulations on non-deposit-taking lenders will be submitted to the State Council this year as part of a wider effort to prevent systemic and regional risks, said a senior official.
Chinese netizens are not impressed with the "Big Three" telecom carriers' moves to reduce rates after repeated requests by Premier Li Keqiang, who has demanded better service and lower costs.
Surrounded by fields, this farm in the Inner Mongolia autonomous region was once used for raising cattle, but was completely renovated last year to raise donkeys.
When it came to curing ailments or improve skin care, the ancient Egyptians and Romans used to turn to donkey milk.
Kevin Chou is convinced the future of entertainment is gaming. As the CEO of Kabam Inc, a United States-based mobile gaming developer and publisher, Chou announced plans in April to launch the company's hit game in China.
Publishing boss Barry Clarke is on a recruitment mission. He has flown in from Singapore, where he is Asia managing director of academic publisher Taylor & Francis, to recruit a CEO for the company's China operations.
Xiaolongbao (soup dumplings), red-braised pork and hairy crab may have topped every food list compiled by every travel guide for the city of Shanghai.
Today's chief information officers must be an entirely new breed of technology leader. As IT becomes a more integral part of business operations and strategies, CIOs must find game-changing innovations and process improvements that make a real impact on the bottom line. Business executives need their CIOs to be real partners - speaking the language of the business and donning their strategist caps - not just commodity managers. Those IT leaders who fail to break out of the order-taker, utility manager mold will, simply put, be looking for a new job.
Despite there being over 400 branches of KFC and McDonald's in Shanghai, higher-quality American food is not as prevalent or popular here as French or Italian cuisine.
In the turbulence of the last century, many of China's cultural relics were looted, sold abroad or even worse - destroyed. Zhao Xu reports on the State-owned antique stores and the unique role they have played in protecting the country's heritage Zhao Xu
When asked if he has gone to the Zhengzhou Antique Fair, arguably the biggest in China, Liu Jinhong, 57, who has his own store inside Beijing Antique City, dismisses the idea as "tiring and completely unnecessary".
Two of China's biggest property companies announced a strategic partnership on Thursday amid growing pressure from slowing real estate sales.
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Raymond Zhou
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