China can meet its ambitious, sixfold 2050 economic growth target using the same amount of energy in 2050 as in 2010 with substantially more renewable energy and less coal, a report launched at a sub-forum of the G20 Summit said.
China National Petroleum Corp, the country's biggest oil and gas producer, may use a small-cap company called Daqing Huake Co as a vehicle to list its oilfield services unit and avoid an initial public offering, according to sources.
Financial companies in Hong Kong and Guangdong province are teaming up to embrace the opportunities brought by the opening of China's financial sector.
A recent JPMorgan report recommended that Chinese firms raise external equity and improve operational efficiency to rebalance their long-term capital structures.
Chinese consumers who live on cheap meals delivered to their doorsteps may see their happy days numbered because the steep discounts now offered by business operators may end soon as a result of market consolidation.
China is considering a consumer tax overhaul, according to sources, the latest indication reforms are being accelerated to help speed the shift toward a more consumption-led economy.
Industry experts say that the main purpose of the much-discussed possible consumption tax overhaul is to adapt to the upgrading of the consumption structure in China.
As back to school shopping is officially underway, tens of millions of college students have become the driving force in the expanding shopping market, especially the online one.
China Mobile Communications Corp, the world's biggest wireless telecom operator by subscribers, said last week that so far 42 companies from various related sectors have become the latest partners of its global 5G Innovation Center.
Brazil's Ibovespa equity market index rose as investors piled into local planemaker Embraer SA after it announced orders from Chinese carriers - and amid speculation that supply-chain issues at its biggest rival would benefit the Brazilian group.
The first global association of high-tech, green financial enterprises was started recently by Ant Financial and the United Nations Environment Programme, to make available more green finance products. Under the strategic cooperation agreement, Ant Financial will also join the Finance Initiative project organized by UNEP.
China Development Research Foundation has collaborated with global payment company Mastercard to promote financial literacy and entrepreneurial skills in China through the CDRF's "Win the Future" initiative.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
