Hainan International Tourism Island in South China will continue to ease its duty-free policy and bring in tourism professionals to develop the area into an international tourist destination, according to top officials from the province.
"The increasingly sophisticated global supply chain has made food safety inspection a challenging job. The economic slowdown has also led some big-name corporations to cut back investment in food security inspections."
Building a normal politics-business relationship was the focal point of the first panel of the Boao Forum for Asia Annual Conference 2015, as the panelists reached a consensus that rule of law and relinquishing of government power are the right way to achieve it.
South Korea said on Thursday it has decided to seek to be a founding member of the Asian Infrastructure Investment Bank, and so become another key ally of the United States joining the China-led institution.
Fraud is the biggest risk for China's flourishing peer-to-peer online lending business, senior financial executives warned on Thursday.
China's "One Belt and One Road" strategy, an initiative to promote economic and cultural ties with neighboring countries, will create opportunities for everyone involved, leaders of foreign media organizations agreed on Thursday.
People attending this year's Boao Forumfor Asia can keep up to date with proceedings with the help of a mobile information service that makes use of the latest in Web page technology.
China will continue its commitment to foreign investment and to the creation of a level playing field for foreign businesses in "the new normal" during this year's China Development Forum.
China and the United States must step up the pace of negotiations on the proposed bilateral investment treaty that can help bolster economic growth for both sides, experts from both nations said on Friday.
China has prioritized increasing access to healthcare in recent years and, on the back of strong economic growth, achieved outstanding results. A doubling in healthcare expenditure has seen substantial improvements in infrastructure, near universal insurance coverage and significant support for innovation.
After an economic slowdown in 2014, there are encouraging signs that the long awaited rebalancing of the Chinese economy is underway.
As Martin Wolf, chief economics commentator at the Financial Times, talked with China Daily, the US Federal Reserve was about to publish its statement and the world was watching to see if the Fed would raise interest rates.
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Raymond Zhou
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