No need for G20 to discuss overcapacity

Some developed countries want China's excess capacity to be put on top of the G20 summit agenda that starts in Hangzhou, Zhejiang province, in less than a week. Should the G20 summit focus on the issue?

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Telecom providers have legal duty to protect users

Xu Yuyu, a college-bound student in Linyi, Shandong province, died recently after suffering a sudden cardiac arrest apparently brought on by the stress of being swindled out of the nearly 10,000 yuan ($1,500) that her family had raised for her tuition fees in a telephone fraud.

Neighbors share willingness to improve their ties

Chinese Foreign Minister Wang Yi's less than 48-hour stay in Tokyo last week was full of meetings.

China Life to diversify portfolio internationally

China Life Insurance Co Ltd will boost its overseas investment proportion by widening the investment scope of properties and increasing stake investment in unlisted companies, the insurer's top management said on Friday.

Tenpay, Alipay licenses key to overseas growth

Mobile payment licenses from Hong Kong's financial authorities to two mainland payment operators are seen as a key step in their overseas strategic expansion and are expected to boost their business in the city, analysts said on Friday.

Banks optimize assets to counter low rates

Chinese commercial banks made great efforts to optimize the structure of their income, assets and liabilities amid increasing pressure of a downward economy and shrinking net interest margins, according to the interim results of several major banks for the first half of 2016.

Shengquan betting big on biomass graphene industry

Editor's note: In this ongoing series on the birth and growth of privately owned Chinese companies that are redefining innovation, China Daily profiles Jinan Shengquan Group, a bioengineering company which is betting big on a new biomass-graphene material.

Call for more digital banking to boost inclusive finance

A central bank official on Friday called for wider use of digital technology in order to promote inclusive finance among low-income groups, while building a proper legal framework to reduce online financial risks.

CRL net profit climbs 19% in H1

China Resources Land Ltd, the Hong Kong-listed property flagship of mainland conglomerate China Resources (Holdings) Ltd, is bullish on property market prospects given the assumption that supportive government policies remain.

COSCO posts loss after merger

China COSCO Holdings Co, Asia's biggest container shipping company after a government-led merger last year, posted a loss in the first half of the year - as excess capacity dragged down cargo rates - the company said in a statement to the Shanghai Stock Exchange.

Poland becomes first European state to issue RMB bond

Poland has become the first European country to issue government debt in China's bond market, with a bond of 3 billion yuan ($452 million), a move which analysts said marks a significant milestone for the yuan's growing use internationally.