New pipeline broadbases gas supplies

A new strategically important natural gas pipeline running from southern Kazakhstan to China began operating on Friday, China National Petroleum Corp said in a statement.

Housing outside capital steals show

Housing projects from other provinces and overseas markets dominated the Beijing International Property Expo that opened on Thursday.

IN BRIEF (Page 6)

Bank puts focus on internet innovation

China CITIC Bank Corp Ltd is boosting its internet finance business, to enhance market performance, as profits based on interest-rate spreads are decreasing, according to senior executives.

Trade sentiment gets boost from Canton Fair

China's foreign trade will continue its uptrend following last year's recovery, and the trade structure will be further optimized, said a spokesman of the county's biggest trade event.

Airbus bullish on Chinese demand for widebody aircraft

European aircraft manufacturer Airbus Group SE said it plans to offer training to pilots and engineers for its new A350 widebody plane at the Hua Ou Aviation Training Center in Beijing, a joint venture of Airbus and China Aviation Supplies Holding Co.

Moutai rises to new peak on Q1 figures

The share price of leading Chinese liquor producer Kweichow Moutai Co Ltd reached a new high during intraday trading on Friday, boosted by its pleasing business performance in the first quarter of the year.

CSRC mounts fresh move on share manipulation

China's securities regulator on Friday announced a fresh round of its campaign to crack down on the manipulation of newly listed shares, which it said has seen excessive price surges and abnormal trading.

Country's outbound M&As set to expand

Outbound mergers and acquisitions by Chinese companies are set to grow, with more private companies buying overseas as they need to expand business globally, according to a report by consulting firm McKinsey & Co.

US' change to currency tack will pay dividends for ties

US President Donald Trump's decision not to label China a currency manipulator is a positive step in the two sides' efforts to enhance bilateral cooperation. It provides further proof that China and the United States are warming to each other after the meeting between President Xi Jinping and Trump at Mar-a-Lago, Florida, on April 6-7.

Law on land compensation

The Ministry of Land and Resources has reportedly released its 2017 legislative work plan, which lists the drafting of a regulation on compensation for rural collective land expropriation as one of its top priorities.

Authorities have lessons to learn from overcharging by universities

ARTS MAJOR STUDENTS at Xi'an International Studies University have complained that they were charged 11,000 yuan ($1,600) tuition fees every school year, which is higher than the legal standard of 9,000 yuan. The university responded that it had adjusted the tuition fees to the national standard in 2015, and it had reimbursed the amount overcharged in 2013 and 2014. Beijing Youth Daily comments: