"By widening shoppers' choices and stimulating consumption, e-commerce can be a strong force to reverse China's economic downturn. The government should do all it can to support the sector."
Retail gasoline prices are set to rise again from Tuesday, in line with China's fuel price adjustment mechanism and an increase in global crude prices.
Domestic train manufacturers China CNR Corp and CSR Corp on Sunday submitted an application to the Shanghai Stock Exchange to terminate trading in their shares, putting them on track in a merger process to create the world's largest rail equipment conglomerate in terms of sales.
China's 1 trillion yuan ($161 billion) local government bond plan is likely to get a new lease of life.
India has named private banker K. V. Kamath as the first head of a new development bank being set up by the BRICS (Brazil, Russia, India, China and South Africa) group of emerging market economies, Finance Secretary Rajiv Mehrishi told reporters in New Delhi on Monday.
A new box-office champion is coming soon to China - and the world.
Despite last week's sudden decline of the Shanghai Composite Index, the recent bull run is not merely a temporary blip, and retail investors face some difficult choices, economists said.
Nov 26, 1990: The Shanghai Stock Exchange is launched, the first in the mainland.
Even seasoned market investors are starting to pull away from the frenzy surrounding China's stock market.
An increasing number of foreign companies are joining the boom of the e-commerce industry in China, attracted by the profitable opportunities to develop new services in the fast-growing industry.
Renowned as the "Huangpu Military Academy" of China's Internet industry elite, Alibaba Group Holding Ltd has not only produced legendary achievements but also benefited those who have graduated from this "top school".
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