Asia's first commercial carbon capture and storage project will begin to operate in northwestern China's Shaanxi province next year, said an executive of Shaanxi Yanchang Petroleum (Group) Co Ltd.
The growing spending power of China's middle class and its increasing interest in healthy food are creating good conditions for exports of Californian almonds, said Richard Waycott, chief executive officer of the Almond Board of California.
During the Spring Festival holiday in early February, I spent a few days at my home village in Henan province in Central China, and happily noticed how much the village and its residents have changed.
Australia has cemented closer economic ties with China in a shift of policy that should open up new infrastructure projects and funding opportunities.
With tax liability lower now, small and medium-sized technology companies in China will likely increase their spending on human resources and research and development, thereby facilitating innovation and stabilizing growth, observers said.
New tax incentives for venture capital firms and angel investors are expected to encourage them to invest more, which will likely help boost the tech startup sector, said senior industry executives.
China will start to levy a safeguards tariff on sugar imports after a six-month investigation, in order to protect the domestic sugar industry and stabilize the market, the Ministry of Commerce said on Monday.
People love the idea of picking up a bargain. And thanks to China's rapidly developing internet sector, more consumers are enjoying the excitement of bidding on online auction sites, such as e-commerce giant Alibaba's Taobao platform.
The market-oriented reform of the country's oil and gas sector will give the market a decisive role in the industry, allowing broader participation in a sector dominated by State-owned companies, analysts said.
The rapid development of financial technology has seen listed Chinese banks continue a major drive to transform their branches and reform their operations, according to the findings of a report issued on Monday by Ernst & Young.
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Raymond Zhou
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