Switzerland-based VistaJet, a company specializing in premium long-range private jet travel, and its Chinese partner will start offering point-to-point services in China by the third quarter of this year, making it the first global private aviation company to operate large-cabin business aircraft in China, sources said.
A Chinese-led consortium hopes to buy one of Spain's "ghost airports" for a knockdown price of 10,000 euros ($10,850) and turn it into an European freight hub for Chinese mainland companies.
China's sudden halt to a frenzy of initial public offerings came at just the wrong time for underwriters Everbright Securities Co, Guotai Junan Securities Co and China Merchants Securities Co.
Retail fuel prices will see a further reduction from Wednesday as global woes continue to drag crude rates and the glut in the market continues, the nation's top economic planner said on Tuesday.
Huawei Technologies Co Ltd on Monday said its revenue during the first six months of the year rose 30 percent to 175.9 billion yuan ($28 billion), fueled by strong growth in its smartphone, enterprise and telecom equipment businesses.
Per-to-peer, or P2P, lenders in China will henceforth function only as intermediaries and cannot raise funds on their own, the People's Bank of China said on Saturday.
Early this year, a gigantic silver object as large as thousands of cubic meters took off from the ground at a base in Shenzhen. Soaring to a height of some 4,000 meters, it provided Wi-Fi services for an area covering 8,000 square kilometers, and monitored and collected information on more than 2,100 ships plying off the coast.
United States options traders have never been so bearish on Chinese mainland's shares amid concern that expensive valuations will offset government efforts to revive investor confidence after a $4 trillion rout.
As indicators reveal signs that the country's economy is starting to pick up, China Daily asks five leading economists for their long-term views, including what they see as the risks along the way
Climate change has deeply affected our daily lives. Under the principles and requirements of the United Nations Framework Convention on Climate Change, all countries have taken action. The Chinese government has made green low-carbon development the core of ecological civilization.
China still remains a magnet for investment and is never off the radar screens of chief financial officers.
What was billed as the first China Trade Week of its kind in East Africa, which ran for three days early this month in the Kenyan capital of Nairobi, attracted more than 10,000 visitors, organizers said.
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