China has launched nonperforming loan securitization to encourage private capital to participate in the NPL market by breaking the old framework of using banks for bad asset disposal, which relies mainly on the four State-owned asset management companies.
It is no secret that China is the world's largest e-commerce market, thanks to the staggering amounts of money Chinese consumers have been spending online.
The new taxation rules for goods bought through cross-border e-commerce platforms that became effective on April 8 have drawn mixed responses from players in the sector.
When investors place their bets in the A-share market this week, one of the key factors they would weigh is the progress of the reform and restructuring of the country's loss-making State-owned enterprises, analysts said.
Net capital inflows into the Shanghai stock market reached nine consecutive days last week as offshore investors rode the Shanghai-Hong Kong stock connect channel to buy stocks of companies whose businesses outperformed their share prices.
BOREDOM GENERATES DEMANDS - HUGE, RAVENOUS ONES - AND MANY OF THOSE WHO ARE IN ITS clutches feel they have nothing to do and way too much time in which not to do it.
She wears a kimono-like black robe, has hair dyed bright yellow and with the help of a penchant for singing the theme songs of Japanese cartoons has made a name for herself on the internet.
German engineering and electronics conglomerate Siemens AG wants to form more partnerships with Chinese power, energy and infrastructure companies to develop EPC projects along the Belt and Road Initiative, to further diversify its global sales, its head in China said.
Despite the challenges posed by the limits of current battery technology, Chinese carmakers remain persistent in exploring ways to expand their businesses into the fast-growing new-energy vehicle market.
Xuji Group Corp, a subsidiary of State Grid Corporation of China, is on the hunt for small and medium-sized takeover targets internationally, in an effort to help it win electricity transmission contracts around the world.
Chinese smartphone maker ZTE Corp unveiled its high-end flagship AXON 7 smartphone and its first matching VR devices on Thursday. It also plans to continue to expand in international markets, including the United States and Europe.
Applications by three companies for initial public offerings in Shanghai and Shenzhen have been rejected by the regulator since the beginning of May, according the China Securities Regulatory Commission.
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Raymond Zhou
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Chen Weihua
