China is to open 19 duty-free shops for domestic consumers, a move aimed at catering to the increasingly sophisticated demand among these shoppers for overseas products.
An average of 12,000 new companies were registered every day in China last year as deepened reforms in the business sector boosted market vitality, a senior official said on Monday.
Every stage of China's development can be likened to a sporting event played by local governments.
Liu Shiyu, the newly appointed head of China's securities watchdog to replace Xiao Gang, faces a daunting task in making the equity market more market-oriented and in cracking down on illegal activities.
Liu Shiyu, the new chairman of the China Securities Regulatory Commission, is a banking sector veteran.
Permanent residents' permits, or green cards, have been notoriously difficult to obtain in China, and many people believe they are of little use.
I became fascinated by the peculiarity of human behavior after reading a book about hypnotism many years ago.
Item from Feb 22, 1989, in China Daily: A trainee pilot undertakes a simulated flight at an MD-82 pilot training center, which was recently set up in Shanghai.
Many young people in China say that social networking apps help them keep in touch with their family, but some block their parents from their posts in order to maintain some distance.
Editor's Note: Gao Xiang is director of policy and regulation for the State Administration of Foreign Experts Affairs, which is responsible for introducing overseas talent to China.
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