China's manufacturing business activity slightly expanded in May, indicated by a Purchasing Managers Index reading of 50.2, up from 50.1 in April, according to official data.
Didi Kuaidi, the nation's largest taxi-hailing app provider by market share, launched a car-pooling service on Monday in Beijing, the latest effort to expand its presence in the country's transportation sector.
Reform of the household registration system (hukou) could have the most direct impact on the economy as the nation's traditional advantages such as cheap and abundant labor wane, a top economist told China Daily.
Recent policy directives from the Chinese authorities point toward a renewed emphasis on "stabilizing growth". The shift is broad, but the most straightforward implication is that the target of sheding debt pileup could become more elusive.
The Asia-Pacific region is tipped to become the leading market for e-commerce in 2015, making up just over one-third of the global total.
China has the potential to become the world's largest market for green bonds because of its government's commitment to tackle pollution by setting up a green financial system, experts say.
Within three years the Chinese green bond market could be the world's largest and have a significant impact on global financial markets, said Sean Kidney, CEO of the Climate Bonds Initiative.
The International Monetary Fund is going to reevaluate the currency basket of Special Drawing Rights this year, and one of the options is to include the renminbi in the basket. Christine Lagarde, president of the IMF, says China should further speed up the capital account liberalization to achieve this goal.
Women in China play a very important role in management. A larger proportion of women occupy leadership positions in China than in most countries, including most Western countries, though the proportion is still far below half.
Officials dazzled by big economic ideas seem unconcerned about care for China's elderly.
Feng Shan Ho disobeyed orders and continued issuing Shanghai entry visas to Jews, thus saving many from certain death at the hands of the Nazis. For the 70th anniversary of the end of World War II, his heroism was honored where it happened: in Vienna, Austria.
Plaque in Vienna commemorates Feng Shan Ho's heroic deeds MANLI HO
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