PayPal confident on sustained growth

Company expects expansion in individual account transfers and online B2B services

Northeast provinces look ahead

China's northeastern rustbelt is expected to see a more rapid transition, with State-owned enterprise reform and manufacturing upgrading providing the uptick for growth in the region, economists said on Wednesday.

Industries still under 'considerable' pressure

The industrial sector still faces "considerable downward pressure" and some industries are facing "increasing difficulties", the Ministry of Industry and Information Technology said on Wednesday.

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.