The average income of staff in Zhongguancun Science Park hit 1.61 million yuan ($260,000) last year and total revenue for the region was more than 3 trillion yuan, according to the 2014 Zhongguancun Index released during the 2014 Zhongguancun Forum.
The influence of the annual Zhongguancun Forum has been increasing rapidly.
As the Basel Committee celebrates its 40th anniversary this year, it gives me great pleasure to meet banking supervisors all over the world, to share our experiences in banking supervision, discuss global regulatory reforms, and map out strategies for financial stability.
In the first half of 2014, most Chinese banks listed in stock exchanges posted increases in non-performing loans.
Serving the sound and balanced development of the real economy is one of the objectives of China's banking reforms and restructuring, according to the top regulator of China's banking industry.
The local government in Tianjin plans to accelerate the development of the financial sector in the city and rebuild its position as an influential financial hub in North China.
The Basel Committee was founded 40 years ago, and today it has members from 27 jurisdictions that, collectively, account for more than 90 percent of global banking assets.
Survey finds three-quarters of owners plan to switch brands
In addition to technical breakthroughs, innovation in the business model can play a major role in developing the new-energy vehicle industry in China, according to a senior partner at PricewaterhouseCooper China.
"We believe in the youth of China. We believe it's our responsibility as a company to provide opportunities for young people to aspire to reach their dreams," said Marin Burela, president and CEO of Changan Ford Automobile Co, during a campus event in Guangzhou on Sept 13.
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