E-commerce giant Alibaba Group Holding Ltd has been given six months to wind down its online marketplace Taobao's operations in Taiwan after it failed to apply for the permit required for a mainland company to do business there, Taipei authorities said on Monday.
Nuclear power projects in inland regions may get more attention during the 13th Five-Year Plan (2016-20), energy officials said on Monday.
Sometimes even the best of decisions can boomerang. Burdened with overcapacity, low profitability and environmental issues amid lackluster demand, the Chinese steel industry is a classic example.
"After controls on interest rates are lifted completely, the financial market's efficiency will be increased and financial reforms deepened. The degree of China's financial marketization is now still very low, but it will be expanded in future."
Draft regulations on non-deposit-taking lenders will be submitted to the State Council this year as part of a wider effort to prevent systemic and regional risks, said a senior official.
Chinese netizens are not impressed with the "Big Three" telecom carriers' moves to reduce rates after repeated requests by Premier Li Keqiang, who has demanded better service and lower costs.
Surrounded by fields, this farm in the Inner Mongolia autonomous region was once used for raising cattle, but was completely renovated last year to raise donkeys.
When it came to curing ailments or improve skin care, the ancient Egyptians and Romans used to turn to donkey milk.
Kevin Chou is convinced the future of entertainment is gaming. As the CEO of Kabam Inc, a United States-based mobile gaming developer and publisher, Chou announced plans in April to launch the company's hit game in China.
Publishing boss Barry Clarke is on a recruitment mission. He has flown in from Singapore, where he is Asia managing director of academic publisher Taylor & Francis, to recruit a CEO for the company's China operations.
Xiaolongbao (soup dumplings), red-braised pork and hairy crab may have topped every food list compiled by every travel guide for the city of Shanghai.
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