The People's Bank of China, the central bank, is planning to expand its relending pilot program to nine more provinces and municipalities, as part of its efforts to lower financing costs and shore up economic growth.
Dell Inc will buy data storage company EMC Corp in a deal valued at about $67 billion, the largest on record in the technology sector.
Foreign capital flows into China continued to remain on a strong perch and rose 9 percent year-on-year to 584.74 billion yuan ($92.5 billion) during the first nine months of this year, government data showed on Monday.
Tsinghua Unigroup Ltd, the State-backed Chinese firm that recently agreed to buy a $3.8 billion stake in Western Digital Corp, is close to acquiring Tongfang Guoxin Electronics Co, a person familiar with the matter said.
One of the effects of Chinese herbal scientist Tu Youyou winning a Nobel Prize for medicine has been the rise in prices of traditional Chinese medicine-related stocks on mainland bourses after the weeklong National Day holiday.
A key government draft proposal that will seek to tackle multinational corporations' tax-avoidance will draw from a latest international tax rule, and is expected to be rolled out by the year-end, a top tax official said.
Specialized schools and institutes have set up in China to teach the art of being a Western-style butler as the sector starts to take off
Zhang Zhejing is struggling to remember how to lay out the cutlery on either side of the plate when it comes to the soup spoon and the salad fork.
Major international groups are beefing up their operations here as consumer demand in the bread and cake sector expands rapidly
Liu Nan plans to quit her job as a secretary at a public institution in the Jiangsu provincial capital of Nanjing and open a bakery business later this year.
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