Reform in financial sector imperative for progress

Healthy financial institutions are a prerequisite for preventing a financial crisis, as central bank governor Zhou Xiaochuan rightly pointed out at this year's Lujiazui financial forum in Shanghai on Tuesday.

Corporate honesty certificates

Shenzhen in South China's Guangdong province has introduced China's first standards on anti-bribery applicable to all enterprises.

Spoiling of Liaoning's business environment is a case in point

NORTHEAST CHINA'S LIAONING PROVINCE recently publicized a list of the "spoilers" of the business environment, on which appeared several local government departments. For example, the bureau of law enforcement in the Heping district of Shenyang, Liaoning's capital, "rented" offices from an enterprise and refused to pay the rent. China Youth Daily comments:

Audiences not to blame for poor films

WHILE ATTENDING A SEMINAR at the eight-day Shanghai International Film Festival, which started on Saturday, Chinese director Feng Xiaogang suggested the box office success of poorly made films has something to do with their "rubbish" audiences. China Youth Daily commented on Tuesday:

Toy crossbows are dangerous even with limited lethality

A KIND OF MINIATURE crossbow that can shoot toothpicks or metal needles has become popular among primary and middle school students. Beijing Youth Daily comments:

Cartoon

The promise Pearl River Delta region holds

July 1, 2017, will mark the 20th anniversary of Hong Kong's reunification with the motherland. It comes at a moment when Chinese leaders are increasingly promoting Hong Kong's unique role in advancing the country's economic development.

Only a candid US can pave way for fruitful talks

Among all the issues the first round of China-US Diplomatic and Security Dialogue, to be held in Washington on Wednesday, aims to touch upon, the pursuit of clarity and consistency will be the most closely watched. State Councilor Yang Jiechi is due to co-chair the dialogue with US Secretary of State Rex Tillerson and Secretary of Defense James Mattis.

Chinese media's influence growing in 21st century

The public address system calls on passengers to board flights to Chengdu and Guangzhou. Outside shops selling duty-free Chunghwa brand cigarettes, a group of workmen are squatting to eat noodles during their lunch break. In the queue for security check, a businessman is giving instructions on his mobile in accented Putonghua. But he is from Burundi, and this is Addis Ababa airport in 2017.

Building stronger brands will boost China's image

A country's image or national brand is similar to that of a corporate brand, meaning that each country has a specific image in the minds of international consumers. A nation's brand is comprised of at least three elements: its economic image, political image, and technological image. In the global market, a national brand is taken by consumers as an important clue in assessing the value and quality of a country's products, often outweighing the effects of corporate brands in the judgments of consumers.

Greater efforts needed to nurture innovation

From a quantum communication satellite to methane hydrate gas extraction, a large passenger jet, aircraft carriers, and the Beidou Navigation Satellite System, never have this country's technological breakthroughs been announced with such high frequency in recent memory.

Investment troubles tractable

Cao Dewang, president of the world's second largest auto glass manufacturer, has become a person in the public eye since he moved part of his company's operations to the United States, claiming that China's manufacturers shoulder a higher tax burden than those in the US.