Revisions will end CSRC approval of IPOs

A draft amendment to the Securities Law may end the authority of the China Securities Regulatory Commission to review and approve new share issues.

Auto sector still a good choice for investment

Foreign automakers continue to plow money into factories in China, the world's largest car market, even as the biggest economic slowdown in a quarter of a century crimps sales growth.

Lender finds fertile fields in overseas markets

ICBC keeps growth pipeline robust with initiatives to help Chinese firms' business expansion, reports Jiang Xueqing. J

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Governments and policies

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Reserve ratio cut to boost lending to developers

The unexpectedly large cut in banks' required reserve ratio announced on Sunday will put more money into the market and ease developers' borrowing costs, giving a big boost to the flagging real estate sector, analysts said.

Steel firm gets full control of African mine

State-owned Shandong Iron and Steel Group Co Ltd said on Monday that it has acquired the remaining 75 percent stake it does not own in a mining project in western Africa's Sierra Leone.

Baidu: Sayonara to search in Japan

It shifts strategy to focus on development of mobile operations, 'but may return later'

China's tourism needs more than rice cookers

The tourism boom brought on by Chinese outbound travelers during the recent Tomb Sweeping Day holiday has pushed hotel room reservations to more than 90 percent in Japan where tourists rush to see the cherry blossom during April.

Xiaomi feels growing pain of fake products

Xiaomi Corp, the Chinese smartphone vendor that overtook Apple Inc and Samsung Electronics Co in the world's largest market, now faces another foe: Counterfeiters.

African families love Chinese brands

Whether they are in the lounge, in the kitchen or elsewhere in their homes, Africans are now being given a front-row view of how their world, and the world of trade, is changing.

Initiative puts travel on right track

Travel agencies in Xining, Qinghai province, have seen their business boom ahead of the upcoming May Day holiday thanks to the opening of a high-speed railway, as part of the "Belt and Road Initiative".