Coal sector's woes drive up bad loans

Bad loans jumped in the western region of China last year mainly because of a glut of coal supply that drove prices of the fuel sharply lower, causing mining companies to lose money and in some cases default on their debt.

Deposit insurance to start in May

An insurance system for bank deposits will start on May 1, a step toward scrapping remaining controls on interest rates and allowing lenders to fail in a more market-driven economy.

Taking the road to sustained growth

Though real estate sales are expected to be given a short-term boost from the relaxations in mortgage down payment and property transaction tax requirements, more concrete steps are necessary to maintain the growth momentum over the long term, industry experts said on Tuesday.

Haier plugs into 'success' in foreign markets

Editor's note: An increasing number of Chinese companies are emerging on the world stage as they strive to establish their brands outside the country. China Daily reporters asked the heads of some of the best-known how they present themselves overseas, how they compete against their global counterparts and how they might use lessons learned from their multinational rivals. This report, the second in our series, is by Lyu Chang and Xie Chuanjiao in Zhengzhou.

Tailor-made approach brings rewards

For Haier Group, one of China's largest electronic and electronics goods manufacturers, the one-model-fits-all approach is no longer an option.

What's news

Governments and policies

Quotes of the day

Mortgage policies easing to help boost lending

Commercial banks are expected to see a surge in their lending business and profits, after the government decided to relax the mortgage policies further on Monday, experts said.

Rail giants gain from 'going global' strategy

The titans of the rail equipment and infrastructure sectors have become leading beneficiaries of the nation's industrial upgrading boom and "going global" strategy, and that edge has shown up in their annual results.

Trainmakers' merger rolls ahead

The merger of the nation's two largest producers of rolling stock, CSR Corp and CNR Corp, is edging closer to completion with the announcements of a review by the China Securities Regulatory Commission and details on the management of the new company.

Economy likely to steady during Q2

Bank of China report predicts GDP growth may rise to 7.2 percent as positive changes take effect

Yili Group milks world of industry experience

Editor's note: An increasing number of Chinese companies are emerging on the world stage as they strive to establish their brands outside the country. China Daily reporters asked the heads of some of the best-known how they present themselves overseas, how they compete against their global counterparts and how they might use lessons learned from their multinational rivals. This report, the first in our series, is by Wang Zhuoqiong and Yuan Hui in Hohhot.