Business leaders from China and the United States attending a top level forum in Beijing on Wednesday urged the two countries to engage in full cooperation under the framework of the Belt and Road Initiative and multilateral financial institutions, such as the Asian Infrastructure Investment Bank.
Chinese authorities announced that the nation has lifted a 13-year import ban on some US boneless beef and beef on the bone, and industry insiders see it as a win-win result that is expected to drive the economic growth of both countries.
Index provider MSCI's saying yes to China's A-share market might help boost the yuan's exchange rate in the short run, but market expectations in the long run depend on the country's economic fundamentals and its pace in the yuan's exchange rate reform, according to analysts.
Financial regulators in Hong Kong hailed Morgan Stanley Capital International's decision to include the A-share index, saying the inclusion will further cement the city's gateway status linking the mainland equity market with overseas stock markets.
Wang Shi, founder and chairman of China's real estate giant Vanke Co Ltd, announced on Wednesday he will step down and the company's president Yu Liang will take his place.
China's largest shipping group is beefing up its operations to compete against global rivals as it pursues business opportunities thrown up by the Belt and Road Initiative.
A specialized subsidiary of China COSCO Shipping Corp is making major inroads in emerging markets through infrastructure development and new energy projects.
China COSCO Shipping Corp is extending its container fleet as the company expands its sea routes.
Zhou Xiaochuan, governor of the People's Bank of China, China's central bank, said further opening up helps to build a strong and competitive financial sector in China.
A rising number of Chinese shoppers prefer restaurant food and delivery to their home or dining out, despite a five-year low in home consumption growth, according to an industry report.
China's major internet search engine Baidu Inc announced a strategic partnership with Agricultural Bank of China Ltd on Tuesday, to build intelligent bank that uses big data, artificial intelligence and cloud computing.
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