In 2006 alone, China-focused venture capital and private equity funds raised close to $20 billion from investors around the world. This figure does not even include global private equity and hedge funds such as Blackstone, in which the Chinese government has taken a stake and which will undoubtedly invest in Chinese companies.
The worldwide trend toward globalization demands men and women with a visionary attitude capable of recognizing, in what might appear to be an obstacle, a growth opportunity for society and potentially even for themselves.
In the city of Yokohama, the total amount of garbage has decreased by 36 percent. A reduction of this magnitude has never before been seen in any other Japanese municipality. This reduction came because G30, the plan my team and I initiated to reduce the amount of garbage by 30 percent, has taken effect.
China's economic growth may face uncertainties in the coming months. Whatever those uncertainties are, analysts agree the economy will continue its rapid growth.
The European Union should serve as an example for Asian economies that are striving to push the Asian integration.
As the Chinese corporate saying goes, "Once in business, people talk only of their business." But Liu Jiren, chaiman and CEO of Neusoft Group, China's software souring heavyweight, is an exception - he has a broader vision.
China's trade surplus jumped 83 percent to $136.9 billion from January to July and its foreign exchange reserves mounted to $1.3 trillion in the first six months.
Doubts are being raised as to whether the government can achieve its target of reducing the trade surplus this year, with the figure soaring unexpectedly high in the first half.
In China, Vincent Lo and the company he heads are best known for the legendary Xintiandi project in Shanghai, where he transformed a rundown city center area into Shanghai's, if not China's, top entertainment hub.
Zhang Xin, born in China and educated in the UK, used to work on Wall Street before she and her husband Pan Shiyi founded SOHO China 12 years ago. The company has grown into one of the largest commercial property developers in Beijing. The couple have become the most high-profile property celebrities in China with their innovative ideas on property development and international vision.
Professor Klaus Schwab, founder and executive chairman of the World Economic Forum, has been involved in exchanges with China since 1979 and now he is bringing the Inaugural Annual Meeting of the New Champions to Dalian, a beautiful coastal city in Northeast China. Ahead of the opening of the meeting, Professor Schwab talks about the significance of the meeting in Dalian and global champions.
Dalian, a coastal city in Northeast China's Liaoning Province, is poised for a place on the world business map today when it hosts the Inaugural Annual Meeting of the New Champions, or the Summer Davos. Xia Deren, mayor of Dalian, speaks with China Daily reporter Wang Xu about Dalian's preparation for Summer Davos.
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