Local governments are back on growth track

Despite the flat GDP growth seen in the second quarter, there was a visible improvement in the overall economy, especially at local levels.

IN BRIEF (Page 18)

VistaJet, Apex link up on flights

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.

IPO freeze puts underwriters in major quandary

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 cut further as global crude woes continue to drag demand

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.

Made to measure and ordered online

Fed up trying on countless pairs of designer jeans only to find that they don't quite fit?

Chinese-led consortium lands 'ghost airport'

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 is becoming the center for M&A business

China still remains a magnet for investment and is never off the radar screens of chief financial officers.

Nation's green initiatives to boost investment and create jobs

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.

Challenges ahead for rest of the year

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

Exchange-traded funds feel the pinch from bearish investors

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.

Close encounters of the 'Cloud' kind

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.